Finance
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Low interest rates to keep income funds in demandOct 20, 2013 6:39 am - Interest rates are unlikely to rise anytime soon. A 16-day partial government shutdown that ended Thursday knocked consumer confidence. All told, it took about $24 billi...
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Washington can’t seem to make markets nervousOct 20, 2013 6:11 am - The markets shuddered slightly as the debt ceiling neared. The yield on short-term Treasurys rose tenfold. Fidelity Investments sold off its short-term government debt. ...
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Leases for plug-in electric cars may offer savingsOct 19, 2013 11:00 pm - Automakers have sweetened deals in recent months for plug-in electric cars in a bid to boost sales and move the vehicles off dealer lots as the end of the year nears. Ge...
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Walgreens rolling out prepaid debit cardOct 19, 2013 11:00 pm - The new Walgreens in the District of Columbia's glitzy Gallery Place neighborhood is a wonderland. It's got frozen yogurt, a juice bar, a manicure station, a decent sele...
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Chase to pay $13 billion in deal with FedsOct 19, 2013 5:37 pm - WASHINGTON — JPMorgan Chase & Co. has tentatively agreed to pay $13 billion to settle allegations surrounding the quality of mortgage-backed securities it sold in the ru...
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Swiss private bank Frey closes, blames U.S.Oct 18, 2013 5:44 pm - GENEVA — A Swiss private bank says it is closing down because of what it calls costly and burdensome rules it needs to follow in the wake of a tax evasion row between Sw...
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Season of uncertainty for retailersOct 18, 2013 5:41 pm - NEW YORK — Will Washington be the Grinch who stole Christmas? After weeks of bickering between Congress and the White House, President Barack Obama on Wednesday signed i...
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Economist: Lack of economic freedom leads to efficiency declineOct 17, 2013 5:15 pm - Robert Genetski, one of the nation’s premier interest-rate forecasters, blamed an erosion in economic freedom for a sharp decline in U.S. efficiency. Genetski, known...
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Relief around world as U.S. avoids debt defaultOct 17, 2013 8:38 am - BEIJING — Political leaders, investors and ordinary people Thursday welcomed the end of a U.S. government shutdown but already were looking ahead to the next round of a ...
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Debt-talk optimism pushes stocks upOct 14, 2013 9:30 am - NEW YORK — Stocks rose Monday, helped by signs that Washington was moving closer to a deal that would avert a default by the U.S. government. The stock market started th...