Finance
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Treasury announces sale of Ally securitiesFeb 28, 2011 10:00 pm - WASHINGTON — The Treasury Department says it will begin selling $2.7 billion in trust-preferred securities it holds in Ally Financial, the latest step to recoup the cost...
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Fidelity: Average 401(k) balances reach 10-year highFeb 22, 2011 10:00 pm - Most 401(k) accountholders continue to plug away at setting aside a portion of their pay. That consistency, along with a rising stock market helped push balances in plan...
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Fed may reconsider plan to limit debit card feesFeb 17, 2011 10:00 pm - 3WASHINGTON (AP) — The Federal Reserve told Congress on Thursday that it may reconsider its proposal to limit the fee that banks charge merchants for debit card transact...
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Bernanke urges nations to help ease trade gapsFeb 17, 2011 10:00 pm - PARIS — Federal Reserve Chairman Ben Bernanke on Friday urged countries with large trade surpluses like China to let their currencies rise in value to help prevent anot...
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AIG expects 4Q charge of $4.1B for loss reservesFeb 08, 2011 10:00 pm - NEW YORK — American International Group Inc. said Wednesday that it expects a fourth-quarter charge of $4.1 billion to build up loss reserves for its Chartis property an...
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Auto show's economic models sport figures to rev recoveryFeb 07, 2011 12:00 am - An old wives' tale insists that you can predict the veracity of the approaching winter by counting the brown bands of fuzz on woolly bear caterpillars. An old columnist'...
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Dollar climbs as jobless rate falls to 9 percentFeb 03, 2011 10:00 pm - NEW YORK — The dollar is climbing after a government report said the U.S. unemployment rate fell to 9 percent in January, the lowest level since April 2009. The positive...
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SEC announces $10 mil settlement with TD AmeritradeFeb 02, 2011 10:00 pm - OMAHA, Neb. — TD Ameritrade has agreed to a $10 million settlement for failing to properly supervise representatives who misled investors about the safety of the mutual ...
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Watchdog says overhaul didn't end future bailoutsJan 24, 2011 10:00 pm - WASHINGTON — A government official says the financial overhaul enacted last summer won't deliver on its promise to end bailouts. Special Inspector General Neil Barofsky ...
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BofA reports loss of $1.6 billion in 4QJan 20, 2011 10:00 pm - NEW YORK — Bank of America is reporting a loss of $1.6 billion in the fourth quarter after the bank increased costs related to soured home loans. Bank of America Corp. s...