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Finance

U.S. banks prepaying $45B in insurance fees

Associated Press
Nov 11, 2009 10:00 pm - WASHINGTON -- U.S. banks will prepay about $45 billion in premiums to replenish a federal deposit insurance fund now in the red, under a plan adopted by federal regulato...
Loews, Guardian join Allstate sellings munis as individuals buy

Bloomberg News
Nov 11, 2009 10:00 pm - Loews Corp., the holding company run by New York's Tisch family, and Guardian Life Insurance Co. of America sold state and local debt as individuals poured a record $55 ...
Economic forecasts in bank tests miss their mark

Associated Press
Nov 09, 2009 10:00 pm - WASHINGTON -- All but one of the 19 largest banks have raised the extra capital cushion regulators said they'd need to withstand a deeper recession -- a sign, the Treas...
Dollar choppy after unemployment tops 10 percent

Associated Press
Nov 05, 2009 10:00 pm - NEW YORK -- The safe-haven dollar got an immediate boost Friday after the government said the U.S. unemployment rate rose above 10 percent, before giving back its gains ...
Credit-card rates up before new law

Associated Press
Oct 29, 2009 11:00 pm - NEW YORK -- Have you checked the interest rates on your credit cards lately? Odds are they're going way up. That's because credit-card companies are rushing to raise rat...
Obama presses for financial industry overhaul

Associated Press
Oct 20, 2009 11:00 pm - NEW YORK -- President Barack Obama is asking the financial industry to support his push for changes he says would help prevent another economic crisis and would be good...
SEC proposes changes for 'dark pools'

Associated Press
Oct 20, 2009 11:00 pm - WASHINGTON -- Federal regulators are proposing tighter oversight for so-called "dark pools," trading systems that don't publicly provide price quotes and compete with ma...
Watchdog: Bailout helped but at a great cost

Associated Press
Oct 20, 2009 11:00 pm - WASHINGTON -- A government watchdog said the $700 billion bailout for the financial industry played a major role in rescuing the economy over the last year but also eng...
CME allows gold for trading collateral

Bloomberg News
Oct 18, 2009 11:00 pm - CME Group Inc., the world's largest derivatives exchange, allowed gold to be used as collateral for trades on all its markets as an alternative to debt or equities. Gold...
Government unveils new mortgage help

Associated Press
Oct 18, 2009 11:00 pm - WASHINGTON -- The Obama administration is unveiling a new program to provide support to state and local housing agencies to provide help to thousands of home buyers and ...

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