Finance
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Schwab 2Q earnings flat, beat expectationsJul 15, 2010 11:00 pm - SAN FRANCISCO -- Retail brokerage Charles Schwab Corp. says its second-quarter earnings were steady compared with a year ago on almost flat revenue. But Chairman Charles...
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Congress acts, but bank bill has work aheadJul 15, 2010 11:00 pm - WASHINGTON -- In the end, it's only a beginning. The far-reaching new banking and consumer protection bill awaiting President Barack Obama's signature now shifts from th...
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Euro pushes above $1.28 for first time in 2 monthsJul 14, 2010 11:00 pm - LONDON -- The euro moved above $1.28 for the first time in over two months Thursday as the dollar was weighed down by renewed concerns about the U.S. economic outlook. B...
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JPMorgan earns $4.8 billion in 2nd quarterJul 14, 2010 11:00 pm - NEW YORK -- JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans helped offset a ...
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Mortgage rates remain at lowest level in decadesJul 14, 2010 11:00 pm - WASHINGTON -- Mortgage rates were unchanged this week at the lowest point in decades, but it hasn't been enough to jump-start the housing market. Government-sponsored mo...
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After fits and starts, bank bill ready for passageJul 14, 2010 11:00 pm - WASHINGTON -- A sweeping overhaul of the nation's financial regulations stands on the verge of reaching President Barack Obama's desk after a year of partisan struggles ...
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Home loan applications down 2.9 percentJul 13, 2010 11:00 pm - WASHINGTON - Applications for home loans dipped last week even though consumers were able to refinance at the lowest rates in decades. The Mortgage Bankers Associations ...
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Mortgage rates drop to new low of 4.57%Jul 07, 2010 11:00 pm - NEW YORK -- Mortgage rates fell for the second straight week to the lowest point in five decades. But many people either don't qualify for new mortgages or have already ...
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Fannie, Freddie get new tickersJul 07, 2010 11:00 pm - McLEAN, Va. -- Shares of Fannie Mae and Freddie Mac will begin trading over-the-counter Thursday, nearly a month after the government-sponsored mortgage buyers said the...
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Mortgage applications rise 7 percent as rates fallJul 06, 2010 11:00 pm - WASHINGTON -- Applications for home loans rose last week as consumers raced to refinance at the lowest rates in decades. The Mortgage Bankers Associations said Wednesday...