Finance
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European Central Bank eases lending to banksJun 22, 2012 10:39 am - FRANKFURT, Germany — The European Central Bank is making it easier for banks to take out its loans by allowing more kinds of securities to be offered up as collateral, a...
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FHFA seeks to limit buybacks to spur lendingJun 19, 2012 7:00 pm - The Federal Housing Finance Agency, the regulator of Fannie Mae and Freddie Mac, plans to help banks avoid being forced to buy back mortgages as it becomes concerned tha...
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World leaders weigh stimulus vs. austerity at G-20Jun 19, 2012 6:00 pm - LOS CABOS, Mexico — With major European economies on the brink of collapse, world leaders concluding an annual Group of 20 meeting were left Tuesday with two different p...
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Unions reach agreement over Chicago trade showsJun 19, 2012 3:30 pm - CHICAGO — Two unions that work Chicago trade shows and conventions have agreed on what tasks they’ll do at McCormick Place and Navy Pier. Officials announced the deal b...
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Report: Millionaires in Asia outnumber North American wealthyJun 19, 2012 3:27 pm - Asia-Pacific millionaires outnumbered those in North America for the first time last year as the world’s wealthy saw a decline in their fortunes, according to a report b...
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Epic clash nearing over tax boosts, spending cutsJun 19, 2012 3:22 pm - WASHINGTON — A budget showdown for the ages could begin after this year’s election and stretch well into 2013 — despite the threat that an impending half-trillion-dollar...
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Striking Spain miners use rockets against policeJun 19, 2012 12:49 pm - CINERA, Spain — Striking Spanish coal miners used homemade rockets and slingshots against police Tuesday as they kept up a protest against government spending cuts by ba...
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Dimon faces more questions over $2B trading lossJun 19, 2012 10:47 am - WASHINGTON — JPMorgan Chase CEO Jamie Dimon returns to Capitol Hill Tuesday to face more questions from lawmakers over a $2 billion-plus trading loss incurred by the ban...
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Discover Financial 2Q net income falls, revenue upJun 19, 2012 10:13 am - Discover Financial Services says its second-quarter net income fell 10 percent as the company freed up less money from reserves set aside to cover customers’ unpaid bill...
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First Midwest Bank names Prame head of retail bankingJun 18, 2012 9:00 am - Itasca-based First Midwest Bank announced Thomas M. Prame has joined the bank as executive vice president and director of retail banking. “I am very pleased to welcome T...