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Retirement income products reduce guesswork with nest eggs
| Findory News
Marketwatch: BOSTON -- Everyone is tripping over themselves to launch retirement income products, funds that take the fuss and mess out of how retirees figure out what they can withdraw from their nest eggs without having to worry about outlasting their money.
Zoellick defends World Bank loans to middle-income countries
| Findory News
International Herald Tribune: Robert Zoellick, president of the World Bank, said that the bank's help for the poorest countries should be coupled with expanded aid to China and other "middle income" nations.
JPMorgan cuts fixed income jobs
| Findory News
Reuters: NEW YORK - JPMorgan Chase & Co said on Thursday it was cutting an unspecified number of jobs across its fixed-income division as investors brace for a multibillion-dollar write-down next week on the bank's leveraged loans and other assets.
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