Finance
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The least loved day is also the market’s worstAug 17, 2012 7:08 pm - NEW YORK — It’s not just in your head. Mondays really are the worst. Monday is the only day the stock market is more likely to fall than to rise. The Dow Jones industria...
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Moody’s says more California cities risk bankruptcyAug 17, 2012 4:27 pm - SACRAMENTO, Calif. — One of the nation’s top credit rating agencies said Friday it will begin a wide-ranging review of municipal finances in California because of what i...
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Treasury changes Fannie and Freddie bailout dealAug 17, 2012 10:00 am - WASHINGTON — The government is changing the terms of its bailout agreement with Fannie Mae and Freddie Mac in a way that will shrink the holdings of the two mortgage gia...
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Ex-Georgia coach Jim Donnan charged in Ponzi schemeAug 16, 2012 1:22 pm - ATLANTA — Former University of Georgia football coach Jim Donnan used his influence to get high-profile college coaches and former players to invest $80 million into a P...
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Old National to sell, consolidate 27 bank branchesAug 16, 2012 1:22 pm - EVANSVILLE, Ind. — Old National Bancorp said Thursday that it will sell or consolidate 27 bank branches in Indiana, Kentucky and Illinois as part of a push to become mor...
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First Midwest Bancorp declares 3Q dividendAug 16, 2012 9:06 am - Itasca-based First Midwest Bancorp, Inc, the holding company of First Midwest Bank, said its board of directors declared a quarterly common stock dividend of 1 cent per ...
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Lacker says Fed’s power to fix economy now limitedAug 16, 2012 6:45 am - WASHINGTON — A voting member of the Federal Reserve’s policy committee is cautioning that the Fed’s power to fix the U.S. economy is limited now. Jeffrey Lacker, the pre...
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Wal-Mart, Target, Best Buy forming mobile-payments networkAug 15, 2012 3:53 pm - Retailers including Wal-Mart Stores Inc., Target Corp. and Best Buy Co. formed a company that would allow customers to pay with their mobile phones as they work to gain ...
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Arlington Heights Library board approves $2.8 million renovationAug 15, 2012 11:42 am - The Arlington Heights Library Memorial Library board has approved a $2.8 million plan to provide the library building with its largest interior renovation in decades. Bo...
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UK bank settles Iran money probe in NY for $340MAug 15, 2012 8:51 am - ALBANY, N.Y. — A British bank accused of scheming with the Iranian government to launder billions of dollars will be subject to two years of monitoring at its New York b...