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Business Minute: Ford Expansion, America's Inheritance & Stocks Stabilize

Ford's expanding production, Americans will get a hefty inheritance, and stocks stop the bleeding after a rough week.
Time for your Business Minute on this Monday.

Ford Expansion

2014 is going to be a busy year for Ford. The automaker is planning what they're calling an "aggressive" expansion, adding five thousand new jobs and rolling out 23 new vehicles globally. The last time the company grew like this, Dwight D. Eisenhower was president.

This comes after the company's struggles following the financial crisis. Unlike its rivals GM and Chrysler, Ford avoided a federal bailout.

America's Inheritance

American retirees expect to leave an average inheritance of almost $177,000 to their heirs, according to a new HSBC survey. That may seem like a lot., but the survey found the U.S. is actually lagging behind other parts of the world when it comes to leaving inheritances for future generations.

The survey found the U.S. was in sixth place out of 15 surveyed countries. Number one on the list was Australia, with inheritances averaging more than $500,000.

Stopping the Bleeding

After a lot more downs than ups last week, Wall Street ended the week on a positive note, for the most part.

The Dow Jones gained 15.93 points to close at 15,755.36.
The Nasdaq increased 2.58 points to end the week at 4,000.98.
The S&P 500 dipped less than a point (0.18) to settle in at 1,775.32.
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