Finance
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What to expect from your bond mutual fundJul 21, 2013 6:50 am - NEW YORK — Investing in bond mutual funds is easy. At least, that’s the way it was for decades. Investors could count on steady interest payments. Their funds also bene...
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Atlantic City redevelopment keeps poor on the moveJul 20, 2013 2:01 pm - ATLANTIC CITY, N.J. — As Sandra Taliaferro prepares to move out of her apartment to make way for redevelopment efforts near Atlantic City’s newest casino, she recalls th...
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Residents worry if bankruptcy will really help DetroitJul 19, 2013 6:25 pm - DETROIT — In Detroit, it can take police nearly an hour to respond to a 911 call. Despite razing close to 10,000 vacant houses, three times as many still stand with wind...
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FAA wants Dreamliner transmitters inspectedJul 19, 2013 6:13 pm - WASHINGTON — U.S. aviation officials say they want the emergency locator transmitters on all Boeing 787 “Dreamliners” inspected following a fire this week aboard one of ...
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Wintrust sees 34 percent increase in 2Q incomeJul 17, 2013 9:26 am - ROSEMONT — Wintrust Financial Corp. said second quarter 2013 income rose 34 percent to $34.3 million or 69 cents per share. The figures were in comparison to $32.1 milli...
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Bernanke says timetable for bond purchases not presetJul 17, 2013 7:08 am - WASHINGTON — Chairman Ben Bernanke said Wednesday that the Federal Reserve’s timetable for reducing its bond purchases is not on a “preset course” and the Fed could incr...
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U.S. consumer prices up 0.5 pct. in June on gas hikeJul 16, 2013 6:56 am - WASHINGTON — Higher gasoline costs pushed a measure of U.S. consumer prices up in June. But the overall trend in inflation stayed tame. The Labor Department said Tuesday...
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Ex-Goldman Sachs trader faces New York SEC civil trialJul 15, 2013 6:55 am - NEW YORK — A judge presiding over the civil trial of a former Goldman Sachs trader accused of misleading investors about the true prospects of their bet on a package of ...
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Small-cap funds have packed the biggest punchJul 14, 2013 6:55 am - NEW YORK — The biggest returns this year have come from the smallest stocks. Indexes that track small stocks are at record highs. Small- and mid-cap stocks have dominat...
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Is it time to buy Japanese stock mutual funds?Jul 14, 2013 6:38 am - After Japan’s stock market soared 80 percent over the course of six months, it hit a roadblock. The rapid climb of the Nikkei 225 index, the market’s benchmark, came to ...