Finance
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Debt collection business is great but hard as everSep 25, 2011 5:00 am - ATLANTIC CITY, N.J. — These are the best of times, and the worst of times, for America’s debt collectors. The prolonged economic turmoil has created more opportunity tha...
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Rewards cards coming with biggest bonuses everSep 25, 2011 5:00 am - NEW YORK — Credit card issuers are offering some of their biggest sign-on bonuses ever. As the competition to attract customers intensifies, banks are promising an extra...
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Local governments tap alcohol sales for revenueSep 25, 2011 5:00 am - HARRISON, Ark. — Dee Gusewelle used to rail against the sale of alcohol, posting signs in her yard and encouraging neighbors and passers-by to keep booze out of this pat...
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Recession upends dreams of aspiring teachersSep 25, 2011 5:00 am - COLUMBIA, S.C. — Stay-at-home-mom Cindy DePace was just hitting 30 when she decided to return to the work force by going back to school and becoming a teacher. She love...
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Mr. and Mrs. Average usurp fashionistas, fuel luxury spendingSep 25, 2011 5:00 am - Fashion enthusiasts are cutting back. The shoppers that make up the top 5 percent of annual purchases reduced spending on luxury apparel and accessories by 22 percent in...
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‘Buffett rule’ on U.S. taxes easier said than doneSep 25, 2011 5:00 am - Turning the “Buffett rule” proposed by President Barack Obama from a political concept into real-world tax policy aimed at the highest-earning U.S. households will prove...
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In the U.S., 2 housing markets and 2 directionsSep 25, 2011 5:00 am - In the U.S., it’s starting to feel as if there are two housing markets. One for the rich and one for everyone else. Consider foreclosure-ravaged Detroit. In the historic...
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Islamic finance industry needs more MBAsSep 25, 2011 5:00 am - A Bahraini group that sets standards for Islamic finance in 45 countries is helping universities start Shariah-compliant business courses to avert a shortage of experts ...
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Fund investments in bank stocks key to performanceSep 25, 2011 5:00 am - There are plenty of reasons to worry when it comes to investing in big banks. Investors are still gun-shy three years after the subprime mortgage crisis and credit crun...
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Chicago tower year’s largest municipal defaultSep 23, 2011 12:00 am - CHICAGO — A housing development for retirees in Chicago with about $229 million of long-term debt became the largest municipal bond default this year when it missed a Se...