Finance
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Fed extends consumer lending program through March
Aug 16, 2009 11:00 pm - WASHINGTON -- The Federal Reserve has extended the length of a program intended to spur lending to consumers and small businesses at lower rates, but the central bank sa...
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Fed: Bank lending will be tight through mid-2010
Aug 16, 2009 11:00 pm - WASHINGTON -- The Federal Reserve said Monday most banks expect their lending to remain tight through the second half of next year, with the exception of mortgage standa...
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Clunker dollars double from last weekAug 14, 2009 11:00 pm - The Cash For Clunkers program in Illinois reached a total of $75 million in vouchers by Friday, well more than doubling sales in the past week, according to a government...
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Fidelity: Workers again putting more into 401(k)s
Aug 11, 2009 11:00 pm - BOSTON -- Workers are again embracing 401(k) plans after the market meltdown and ongoing recession left many unable or unwilling to set aside some of their paychecks for...
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SEC moving toward banning flash orders
Aug 03, 2009 11:00 pm - NEW YORK -- The Securities and Exchange Commission is moving toward banning a trading practice that gives some brokerages a split-second advantage in buying or selling s...
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Sales tax exemption for manufacturers on governors deskJul 31, 2009 11:00 pm - Manufacturers and other companies statewide Friday were being urged to delay buying any new equipment until a state sales tax exemption is extended. Senate Bill 1691, wh...
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Mortgage rates climb again
Jul 29, 2009 11:00 pm - McLEAN, Va. -- Rates for 30-year mortgages rose for the second-straight week, Freddie Mac said Thursday. The average rate for a 30-year fixed mortgage was 5.25 percent t...
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Northern Trust earnings rise 46% after year-ago costsJul 21, 2009 11:00 pm - Northern Trust Corp.'s second- quarter earnings rose 46 percent a year after costs related to lease transactions reduced earnings. Net income increased to $314.2 million...
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JPMorgan Chase posts 2Q profit, surpasses Street
Jul 15, 2009 11:00 pm - CHARLOTTE, N.C. -- JPMorgan Chase & Co. posted a 36 percent jump in second-quarter profit Thursday, easily surpassing Wall Street expectations as strength in its core co...
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SEC head outlines enforcement, other changes
Jul 13, 2009 11:00 pm - WASHINGTON -- House lawmakers voiced approval Tuesday for recent changes at the Securities and Exchange Commission in the wake of the Madoff scandal, though some Republi...