Business Stories from July 24, 2011 (Change date)
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Moody's warns Greek default virtually 100 percentJul 24, 2011 11:00 pm - ATHENS, Greece — Moody's downgraded Greece's bond ratings by a further three notches Monday and warned that it is almost inevitable the country will be considered to be ...
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Boehner, Reid preparing to move on debt limitJul 24, 2011 11:00 pm - WASHINGTON -- President Barack Obama's insistence that Congress solve the nation's debt crisis through the 2012 elections emerged as a key sticking point as Democrats an...
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FTC paying nearly $108M to Countrywide borrowersJul 24, 2011 6:00 am - WASHINGTON — Hundreds of thousands of homeowners who took out mortgages with Countrywide Financial Corp. will soon receive their slice of a $108 million settlement over ...
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Fund managers can’t ignore debt ceiling politicsJul 24, 2011 6:00 am - BOSTON — How do you invest when the prospect of a financial disaster dominates small talk nearly as much as the midsummer heat wave gripping the nation? Mutual fund man...
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Consumer-finance watchdog agency launchesJul 24, 2011 6:00 am - But it’s missing key powers it was supposed to have
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With default looming, what investors should do nowJul 24, 2011 6:00 am - How do you prepare for a financial cataclysm that may not happen? That’s the question facing investors as an Aug. 2 deadline approaches for Washington to raise the gover...
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Mortgage ‘robo-signing’ still goes onJul 24, 2011 6:00 am - Mortgage industry employees are still signing documents they haven’t read and using fake signatures more than eight months after big banks and mortgage companies promise...
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Economic gaps widening in affluent IsraelJul 24, 2011 6:00 am - JERUSALEM — First came a revolt over cheese that forced Israel’s largest dairy companies to lower their prices. Now, with consumer rage mounting over what is widely seen...
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Retirement investors await debt ceiling solutionJul 24, 2011 6:00 am - DES MOINES, Iowa — They have one eye on Washington and the other on Wall Street. Investors are paying close attention because the contentious debate in Congress could ha...
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Thinking of getting a smaller car? Wait until fallJul 24, 2011 6:00 am - ANN ARBOR, Mich. — Thinking of trading in the clunker in your garage for something that gets better gas mileage? Wait a little longer. Small car prices, which have set ...