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Question: What percentage of income should someone save in order to be considered financially responsible? I’m wary of spending now because of the bad economy, but I don’t know how much I should be saving on a monthly basis. –Lionel, San Diego, Calif.

As the clock ticked down Wednesday on a government-imposed deadline for Chrysler LLC to prove its viability, expectations grew that the troubled automaker would survive.

Bank of America chief executive officer Ken Lewis was ousted from his role as chairman of the bank after shareholders approved a proposal to require that the company have an independent chairman.