Finance
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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...
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Tax planning business continues to grow in Lake CountyAug 13, 2012 6:00 am - An interview with Robert Swartz, owner of Business Ways Inc. in Libertyville. Q: Describe your business. What do you do? A: I am an expert on US and international tax pl...
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Key considerations in getting a reverse mortgageAug 11, 2012 11:00 pm - LOS ANGELES — Reverse mortgages represent an alluring proposition for seniors: Stay in your own home while the bank pays you either a lump sum or a stream of payments to...
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Microloans meeting credit needs for entrepreneursAug 11, 2012 11:00 pm - MIAMI — Do an Internet search for microcredit, and images of colorfully dressed women in Africa, South Asia and Central America pop up. But the international trend that ...
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World’s richest gain $7 billion as Buffett reclaims 3rd placeAug 11, 2012 1:46 pm - The 40 richest people on the planet added $7.2 billion to their collective net worth this week as Warren Buffett and Amancio Ortega dueled for the title of world’s third...
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Saudi shares rise to highest level since MayAug 11, 2012 1:45 pm - Shares in Saudi Arabia, the Arab world’s biggest stock market, climbed to their highest since late May on valuations and optimism in the U.S. Etihad Etisalat Co., a Saud...
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Growing paychecks boost purchasing powerAug 10, 2012 5:01 pm - Americans’ paychecks in the first half of 2012 grew at the fastest pace in five years, pointing to an improvement in purchasing power that may help propel the economic e...
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Government won’t prosecute Goldman Sachs in probeAug 10, 2012 6:37 am - WASHINGTON — The Justice Department said Thursday it won’t prosecute Wall Street firm Goldman Sachs or its employees in a financial fraud probe. In a written statement, ...
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E-Trade ousting its CEO; naming chairman to postAug 09, 2012 9:58 am - NEW YORK — E-Trade Financial has ousted its CEO, Citigroup veteran Steven Freiberg, just two years into a four-year contract as the online broker deals with declining tr...
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JPMorgan revises 1Q profit down amid trading probeAug 09, 2012 9:58 am - NEW YORK — JPMorgan Chase on Thursday formally revised its first-quarter financial results to show a lower profit, after deciding that traders at its main investment arm...