Finance
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Fidelity cuts fees on college savings plans
Dec 01, 2009 10:00 pm - NEW YORK -- Fidelity Investments says it is slashing maintenance fees on the 529 college savings plans it runs in five states. Fees on indexed plans will be cut in half,...
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CBOE settles members lawsuit, settng stage for demutualizationNov 30, 2009 10:00 pm - The Chicago Board Options Exchange agreed to pay $4.17 million to settle appeals in a three-year- old lawsuit related to its ownership structure, clearing the way for it...
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Cyber Monday or Cyber Week? Online shopping aims to lift retailersNov 30, 2009 10:00 pm - Karen Mastrolonardo, a nurse from Mount Prospect, awoke early Monday to 12 e-mails on her iPhone - all with Cyber Monday deals. She had been tracking certain products an...
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AIG shares fall amid reports of reserve shortfall
Nov 30, 2009 10:00 pm - NEW YORK -- Shares of American International Group Inc. tumbled nearly 15 percent Monday after an analyst stirred concerns that the troubled insurer doesn't have enough...
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Rates on 30-year mortgages match record low
Nov 24, 2009 10:00 pm - McLEAN, Va. -- Freddie Mac reports that average rates for 30-year fixed mortgages have matched a record low of 4.78 percent this week. Rates for 30-year mortgages hit an...
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Treasuries gain before five-year note auctionNov 23, 2009 10:00 pm - Treasuries rose before the Federal Reserve publishes the minutes from its November meeting, when it specified rates would stay unchanged, and the U.S. prepared to sell a...
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Americans save more but earn less as rates fall
Nov 20, 2009 10:00 pm - NEW YORK -- The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the first tim...
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Oppenheimer settles lawsuit with Oregon for $20 million
Nov 19, 2009 10:00 pm - NEW YORK -- OppenheimerFunds Inc. said Thursday it will pay $20 million to settle a lawsuit the state of Oregon filed over the company's management of its 529 college s...
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Panel sets fees for big firms, aims to rein in Fed
Nov 19, 2009 10:00 pm - WASHINGTON -- Taking aim at Wall Street and the nation's central bank, a key House committee voted Thursday to assess upfront fees on large financial firms to pay for t...
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Inverness widow wins $1.1 million in lawsuit against brokerage firmNov 17, 2009 10:00 pm - A 90-year-old self-made millionaire won about $1.1 million from a Chicago brokerage firm and two brokers accused of churning her longtime stock account. Josephine DesPar...