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The Super Bowl of Fakes: Big Game's a Win for Scammers

The quantity of counterfeit goods entering the U.S. is increasing, and it gets worse around an event like the Super Bowl. Federal agents recently seized more than $6 million of counterfeits and shut down more than 300 illegal websites. But consumers are at risk for more than just getting a shoddy NFL jersey.

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Market Update: Stocks fall in first hour as Greek deal is held up

President Barack Obama called Friday for an overhaul of the higher education financial aid system, warning that colleges and universities that fail to control spiraling tuition costs could lose federal funds.

It began quietly, as an email to 40 friends. But when a steady stream of customers began coming through the door before the family-owned Chagrin Hardware had even opened for the day on Saturday, it was clear that it had turned into much more than that. Hundreds of supporters of the family-owned business flocked to the store all day long, spending money in a veritable "Cash Mob."

Even if you have nothing to hide, an IRS audit is no picnic. But have you ever wondered why some tax returns get intense scrutiny while most sail through the review process? Here are 12 red flags that could increase your chances of drawing unwanted IRS attention.

While the pundits debated the vices and virtues of Mitt Romney's and Newt Gingrich's tax returns, the folks at Kiplinger were scouring them for ideas that could help you. Even if you'll never have a Swiss bank account or own complex foreign assets, these dozen moves could help you lower your IRS bill.

Isaac Underwood's job requires him to don a Statue of Liberty outfit to attract customers for Liberty Tax Services. But on Thursday, Underwood, 27, behaved more like a costumed hero, chasing a pair of thieves who robbed his employer of $280.

You might not yet have heard of "B corporations" -- these companies with the dual missions of boosting social good and generating profits are a relatively new idea. But thanks to a recent California decision to make that social mission legally binding, the idea is poised to really take off.

Supporters of President Obama's health care reform laws got a major boost when a key opponent lost her business. Mary Brown, whose whose standing to sue is integral to the largest lawsuit against Obama's health care reforms, may be forced to abandon her legal challenge.

Birth control drugs that were heavily promoted as having fewer side effects are now under scrutiny from the FDA in the wake of new research suggesting that they are more likely to cause blood clots than older drugs.

Why do we procrastinate about financial decisions when we know that putting them off hurts us in the long run? Why do we splurge today instead of saving for retirement? And when is the brain at its prime in terms of decision-making? Harvard economist David Laibson joins DailyFinance's Laura Rowley in New York's Central Park with his insights.

Upstart automaker Tesla Motors confirmed this week that its groundbreaking Model S, an all-electric luxury-sports sedan, was on track to enter production by this summer. It already has pre-orders for more than 8,000. Is the moment coming soon when electric cars go mainstream?

Tech giant Apple revealed its new digital textbook initiative on Thursday, joining with major publishers on a quest to replace heavy stacks of schoolbooks with iPads. There will obviously be resistance. Here are three reasons Apple's move will succeed in spite of it.

Sure, you could make your investment decisions based on boring methods like research and analysis. Or you could take a more exciting approach: Leading Asian brokerage CLSA Asia-Pacific Markets has released its "feng shui index" for year of the black water dragon.

With 2012's first earnings season well under way, let's go over some of the items that will help shape the week that lies ahead: Here's why you should be watching one major mall owner, two tech giants, three homebuilders and a couple of old media behemoths.

It's now been two weeks since the Costa Concordia accident off the Tuscan coast of Italy. That tragic event aside, cruising is still a remarkably safe vacation choice. What's probably not as safe is investing in Costa's parent Carnival.

A few weeks ago, we asked DailyFinance readers for their best tips for putting your financial house in order. Many were quick to note that the foundation of financial security lies in being ready when disaster hits. Here are some of their best suggestions for planning for those rainy days.

The best route to a secure job still runs through the classroom, and droves of middle-aged Americans are following it. The proof is in the lending: The fastest growth in the student loan business is among people in their 40s. But are they making a good investment, or a bad bet?

Organized labor in the U.S. has been under sustained assault for some time; now, unions are fighting back with a major ad campaign designed to improve their image. Problem is, the centerpiece commercial mangles the message -- and misses the point.

Many industries complain that new government regulations are bad for business; now, we're hearing it from the adult film biz. A proposed L.A. city regulation to require porn actors to use condoms has adult film makers threatening to leave Tinseltown -- and to take the lion's share of an $8 billion-a-year industry with them.

Whether you're a famous singer, comedian or movie star, it never hurts to have a backup plan. Little surprise, then, that many entertainers have also pursued graduate degrees. But while some went for the obvious educational path, these 10 performers chose far more surprising options.

The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added to evidence that the job market is strengthening. Applications fell 50,000, the biggest drop in the seasonally adjusted figure in more than six years, the Labor Department said Thursday.

U.S. factory output surged in December by the most in year. Stronger demand for business equipment, vehicles and energy offered the most visible evidence that manufacturing has roared back from the depths of the recession. The Fed said Wednesday that manufacturing increased 0.9% in December, the biggest gain since December 2010.


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Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.07-0.12
-1.41%
104.55M
ALU
Alcatel-Lucent (ADR)
2.23+0.29
+14.69%
39.51M
PBR
Petroleo Brasileiro S.A. (ADR)
29.49-2.51
-7.83%
15.95M
C
Citigroup Inc
33.03-0.63
-1.87%
13.90M

% Gainers

CIE
Cobalt International Energy
33.34 +9.44
+39.50%
4.56M
ALU
Alcatel-Lucent (ADR)
2.23 +0.29
+14.69%
39.51M
WNS
WNS (Holdings) Limited (ADR)
10.65 +1.25
+13.30%
1.78M
LNKD
LinkedIn Corp.
84.74 +8.35
+10.93%
3.49M

% Losers

OSG
Overseas Shipholding Group, Inc.
10.50-1.33
-11.24%
515,506
OC-B
Owens Corning (Warrant) 'B'
2.40-0.25
-9.43%
4,268
NBG-A
National Bank of Greece SA (ADR)
6.20-0.55
-8.15%
16,137
YGE
Yingli Green Energy Hold. Co. Ltd. (ADR)
5.43-0.47
-7.97%
3.18M

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