Finance
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Study: 84 pct of stock funds underperformed in ‘11Mar 18, 2012 5:10 am - BOSTON — Managers of stock mutual funds had an unusually tough time beating the market last year, with fewer than one in five achieving that goal, a study found. That’s ...
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Homeownership can pay off on taxesMar 17, 2012 11:00 pm - NEW YORK — Mortgage interest is just the beginning. Owning a home can provide some significant advantages when it's time to file your federal tax return. From green ener...
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Thai billionaire who created Red Bull diesMar 17, 2012 2:36 pm - BANGKOK — Chaleo Yoovidhya, the self-made Thai billionaire who introduced the world to “energy drinks” and co-founded the globally popular Red Bull brand, has died. He w...
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Ireland looks to Chicago for investmentMar 16, 2012 6:27 pm - CHICAGO — Ireland’s prime minister threw out a sales pitch to potential business investors in Chicago on Friday, using the pervasive St. Patrick’s Day cheer to try to lu...
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S&P cracks 1,400 for first time since 2008Mar 15, 2012 3:45 pm - NEW YORK — The stock market cleared another barrier Thursday in its long recovery from the Great Recession: The Standard & Poor’s 500 index closed above 1,400 for the fi...
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Fifth Third Bank appoints Korzenik as chief investment strategistMar 14, 2012 9:41 am - PRNewswire Fifth Third Bank Chicago said Jeff Korzenik, director of regional portfolio management for the bank’s Midwest region, has been appointed chief investment stra...
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Summer travel planning in winter? Not so crazyMar 11, 2012 6:00 am - NEW YORK — Hoping to get a good deal on summer travel? Start planning now. The official start to spring is still two weeks away, but airfares for summer are rising fast....
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7 tips for how to save money on gasMar 11, 2012 5:00 am - Spikes in gasoline prices occur so regularly that ways to combat them should be almost second nature to car owners. But the latest surge brings worries of the highest p...
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Americans rebuilding more wealthMar 11, 2012 5:00 am - WASHINGTON — A stock market rally at the end of last year helped Americans rebuild more of the wealth they lost during the recession — a trend that carried over into 201...
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Slow fall off financial cliff for California cityMar 10, 2012 7:38 pm - STOCKTON, Calif. — A red, white and blue sign declaring Stockton an “All-America City” still adorns City Hall, but the building’s crumbling facade tells the real story o...