Finance
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ECB’s Draghi: Bank may intervene on bondsAug 02, 2012 11:13 am - FRANKFURT, Germany — European Central Bank President Mario Draghi said Thursday the bank would make a new effort to buy government bonds to drive down the high borrowing...
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A look at ECB steps to combat Europe’s debt crisisAug 02, 2012 11:12 am - FRANKFURT, Germany — Here are some of the key steps the European Central Bank has taken to try to ease Europe’s financial crisis and provide a spark to the weak economy....
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Questions and answers on the European Central BankAug 02, 2012 11:12 am - FRANKFURT, Germany — The European Central Bank is the monetary authority for the 17 countries that use the euro currency. The eurozone has the world’s second largest eco...
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Key quotes from ECB head Draghi’s press briefingAug 02, 2012 11:12 am - FRANKFURT, Germany — European Central Bank President Mario Draghi held a news conference Thursday at which he indicated the bank stood ready to intervene in the bond mar...
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Bank of England holds off new economic stimulusAug 02, 2012 6:16 am - LONDON — The Bank of England has held its key lending rate at the all-time low of 0.5 percent for the 42nd month and announced no new investment in its economic stimulus...
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Fed says US economy has slowed, takes no new stepsAug 01, 2012 1:00 pm - WASHINGTON — The Federal Reserve said Wednesday that the economy is losing strength and repeated a pledge to take further steps to stimulate growth if the job market doe...
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How Wall Street lawyer turned eluded FBI 17 yearsJul 31, 2012 6:36 am - Every dawn in the early spring of 2011, Matthew Kluger peered out his window, wondering when federal agents would knock at his door. Kluger, a mergers-and- acquisitions ...
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Ginnie Mae funds: 5 things investors need to knowJul 29, 2012 7:13 am - BOSTON — Investors continue to place an unusually high premium on safety. How else to explain the record low yields they’re willing to accept for lending to Uncle Sam? T...
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Amazon CEO gives $2.5 million for gay marriage lawJul 27, 2012 5:47 pm - OLYMPIA, Wash. — Amazon.com founder and CEO Jeff Bezos and his wife, MacKenzie, announced Friday they are donating $2.5 million to the campaign to defend Washington’s sa...
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Mayor Bloomberg: Chick-fil-A flap not government’s businessJul 27, 2012 5:46 pm - NEW YORK — New York City Mayor Michael Bloomberg said Friday that despite his own support of same-sex marriage, he disagrees with some of his fellow mayors who have said...