Finance
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One in four millionaires pays less in taxes than some in middle classOct 15, 2011 5:00 am - WASHINGTON — A quarter of millionaires in the United States pay a smaller share of their income in federal taxes than many middle-class families, according to a new cong...
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IMF to assume larger role in recoveryOct 15, 2011 12:00 am - PARIS — The finance chiefs of the world’s leading economies opened the door Saturday for the International Monetary Fund to play a bigger role in fighting the eurozone’s...
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First Midwest acquires suburban deposits from Old National BanknkOct 13, 2011 12:00 am - PRNewswire ITASCA — First Midwest Bank today announced that it will purchase the suburban Chicago deposits of Old National Bank, who had recently acquired these deposits...
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FDIC backs ban on banks trading for own profitOct 11, 2011 12:00 am - WASHINGTON — Banks would be barred from trading for their own profit instead of their clients under a rule being proposed by federal regulators. The Federal Deposit Insu...
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Pain of job crisis goes well beyond the unemployedOct 09, 2011 5:00 am - WASHINGTON — Unemployment has been stuck near 9 percent since the recession ended more than two years ago. The jobs report for September on Friday sent the clearest sign...
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Zions Bank sued over ‘unconscionable’ feesOct 09, 2011 5:00 am - SALT LAKE CITY — A customer who say Zions Bank makes it difficult — if not impossible — to avoid overdraft fees has filed a lawsuit in federal court, making the Utah ban...
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Investors found few places to hide from 3Q lossesOct 09, 2011 5:00 am - BOSTON — Recovery was in sight. Just three months ago, many investors were close to being able to say they had made up their losses from the 2008 stock market meltdown. ...
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Ready to refinance? Here’s how, if you qualifyOct 09, 2011 5:00 am - Mortgage rates have fallen to their lowest levels ever, making this a golden opportunity to refinance. But many people can’t. Homeowners who want to refinance in today’s...
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Cash back rewards stand out in latest card offersOct 08, 2011 12:00 am - NEW YORK — Cash is king when it comes to credit card rewards these days. More banks are venturing where once only Discover tread, by offering credit cards with cash bac...
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Stocks dip on mixed jobs, Europe downgradesOct 07, 2011 12:00 am - A three-day rally on the stock market faded Friday after a mixed jobs report and credit-rating cuts for Italy and Spain. The Dow Jones industrial average rose in the mo...