Finance
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Average on 30-year US mortgage stays at 3.55 pct.Sep 13, 2012 11:33 am - WASHINGTON — The average rate on the 30-year fixed mortgage held steady this week, staying slightly above the lowest level on record. Low mortgage rates have aided a mod...
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Expectations high for major Fed action ThursdaySep 12, 2012 10:59 am - WASHINGTON — If the world’s investors are right, the Federal Reserve is about to take a bold new step to try to invigorate the U.S. economy. And many expect the Fed to u...
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IRS windfall another whistleblower win for law firmSep 11, 2012 8:17 pm - By Paul Farhi/The Washington Post WASHINGTON — Stephen Kohn had 104 million reasons to be happy on Tuesday. But America’s taxpayers should be happy, too, he said. Kohn...
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Gov’t receives $2.7B from latest AIG share saleSep 11, 2012 4:02 pm - WASHINGTON — The Treasury Department says it has received an additional $2.7 billion from the sale of American International Group stock. The sale comes one day after th...
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Retail group says it opposes card fee settlementSep 11, 2012 4:00 pm - NEW YORK — The National Retail Federation is opposing a proposed $7.25 billion settlement that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers fo...
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Morgan Stanley to buy Citi’s Smith Barney stakeSep 11, 2012 10:10 am - NEW YORK — Morgan Stanley and Citigroup settled a dispute Tuesday over the value of the brokerage firm Morgan Stanley Smith Barney, which they jointly own. The deal cle...
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Madrid chosen for EuroVegas gambling resortSep 08, 2012 8:50 pm - MADRID — The decision by Las Vegas Sands to choose Madrid for a big “EuroVegas” casino project was welcomed by city officials Saturday, but potential obstacles include t...
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Greek PM: Painful cuts will restore credibilitySep 08, 2012 8:49 pm - THESSALONIKI, Greece — Greek Prime Minister Antonis Samaras insisted Saturday that the latest package of deep spending cuts, which will once again affect wages and pensi...
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Kmart removes layaway fees to boost holiday shoppingSep 07, 2012 4:17 pm - Kmart, the discount unit of Sears Holdings Corp., said it will remove fees from layaway purchases to help customers strained by tighter shopping budgets. Free layaway at...
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Creditors expect decision on AMR by year-endSep 07, 2012 2:37 pm - DALLAS (AP) — AMR Corp.'s bankruptcy creditors expect the parent company of American Airlines to decide by year-end whether to merge with another airline or remain an in...