Personal finance from around the Web:
- Banks in Los Angeles now have a new incentive to make loan modifications, open branches in poorer neighborhoods and invest in the city. Those banks that rank lowest in community investment will lose access to nearly $30 billion in city savings and pension funds. [The Huffington Post]
- Think you might be eligible for a 2010 homebuyer tax credit? Follow this chart to find out. [The Consumerist]
- As Congress still battles it out over health care, costs continue to rise for consumers. A new study finds that most big companies plan to shift a larger share of healthcare costs to their workers next year. [The Washington Post]
- If you’re among the two-thirds of retirees with less than $50,000 saved for your retirement, don’t despair. There are still steps you can take now to salvage your retirement. [The Wall Street Journal]
- The average U.S. cable subscriber gets 118 channels but watches only about 17 of them. One columnist argues that subscribers should be able to pay for only the channels they want. [Los Angeles Times]
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