Finance
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Merrill Lynch 2008 loss revised higher by $533 mil
Feb 24, 2009 10:00 pm - NEW YORK -- Merrill Lynch & Co. disclosed late Tuesday its 2008 losses were about $533 million more than previously reported, according to a regulatory filing. Merrill r...
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Dollar 3-month interbank lending rate inches higher
Feb 24, 2009 10:00 pm - LONDON -- The cost of three-month dollar loans between banks rose modestly Wednesday amid concerns about the financial health of some big U.S. banks and despite assuranc...
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Northern Trust faces scrutiny for event spending
Feb 24, 2009 10:00 pm - NEW YORK -- Northern Trust Corp., a bank that received $1.6 billion in government funds, is facing scrutiny for hosting parties and other events connected to its sponsor...
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Credit card defaults could hit banks hardFeb 19, 2009 10:00 pm - Credit-card defaults may rise beyond 10 percent this year, breaking records and wiping out more than half of annual profit for lenders including Bank of America Corp. an...
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Regulators close banks in Nebraska, Florida
Feb 13, 2009 10:00 pm - WASHINGTON -- Regulators on Friday closed Sherman County Bank in Nebraska and Riverside Bank of the Gulf Coast in Florida, marking 11 failures this year of federally in...
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Credit card protections considered by lawmakers
Feb 12, 2009 10:00 pm - NEW YORK - Swiping your credit card would come with dramatic new protections under regulations considered by Congressional lawmakers Thursday. Among the industry practic...
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Private sector tapped in new bank bailout plan
Feb 09, 2009 10:00 pm - WASHINGTON - An administration official said Monday the overhaul of the government's $700 billion financial rescue program is likely to include a partnership with the pr...
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Watchdog: Treasury overpaid for bank stocks
Feb 05, 2009 10:00 pm - WASHINGTON -- A government watchdog has concluded that the federal government gave financial institutions a $78 billion subsidy last year by overpaying for stocks and ot...
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Young or old, here are some tips to get the most out of your taxesFeb 05, 2009 10:00 pm - Second of two parts About 140 million tax returns, including 6 million from Illinois, are expected to arrive at the IRS this tax season, said IRS spokeswoman Sue Ha...
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Making your tax dollars workFeb 04, 2009 10:00 pm - First of two parts After the stock market crash last fall, a tough economy and layoffs, whipsawed taxpayers now are facing the dreaded annual tax season. So you're ...