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Michigan, Pennsylvania put limits on families seeking food aid

HOWELL, Mich. -- The 2010 Buick Enclave parked in her garage kept Michigan resident Renee Moore from getting food stamps for two months last year, even though her family's income had dropped to below the poverty level, her husband's Ford Explorer had 300,000 miles on it and her family had less than $1,000 in the bank.

Mich., Pa. put limits on families seeking food aid

The 2010 Buick Enclave parked in her garage kept Michigan resident Renee Moore from getting food stamps for two months last year, even though her family's income had dropped to below the poverty level, her husband's Ford Explorer had 300,000 miles on it and her family had less than $1,000 in the bank.

Credit Suisse Posts First Loss in Three Years

Credit Suisse Group AG (CSGN) , the second- biggest Swiss bank, said it had a loss in the fourth quarter for the first time since 2008, hurt by “adverse markets” and costs to reorganize the investment bank.

Strong Work Ethic, Simple Tastes Built Retirement Success Story

Jorge Castilla wasn't thinking of his future retirement when he was washing dishes as a second job or helping his wife, Rosa, sew clothes for extra money. But today, the Castillas see their extra work as one reason they have a comfortable retirement at ages 67 and 63 after years of selling appliances, cutting hair, sewing clothes and washing dishes at a restaurant.

Credit Suisse Posts First Loss in Three Years on Revamp

Credit Suisse Group AG, the second- biggest Swiss bank, said it had a loss in the fourth quarter for the first time since 2008, hurt by “adverse markets” and costs to reorganize the investment bank.