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Finance

Job losses hit 2.4 million-more pain ahead

Associated Press
Jan 07, 2009 10:00 pm - WASHINGTON - Americans probably suffered a net loss of 2.4 million jobs last year, with the pain likely to stretch well into 2009 and possibly beyond, underscoring the r...
Treasurys fall as investors brace for supply glut

Associated Press
Jan 05, 2009 10:00 pm - NEW YORK -- Longer-term Treasury bond yields extended their advance Monday as investors braced for the possibility that the government will have to issue even more debt...
FDIC won't comment on report IndyMac talks are postponed

Bloomberg News
Jan 01, 2009 10:00 pm - The Federal Deposit Insurance Corp. declined to comment on a Los Angeles Times report that talks on the sale of IndyMac Bancorp Inc.'s assets to an investor group will r...
2 big banking sector acquisitions completed

Jan 01, 2009 10:00 pm - ATLANTA - Two mega acquisitions in the banking sector have been completed following the biggest financial crisis to hit the United States since the 1930s, capping a year...
Resolve to keep your money in check

By Anna Marie Kukec
Jan 01, 2009 10:00 pm - New Year's resolutions may look a little different for those hit hard by this recession. The tough economy, high unemployment, foreclosures and corporate cutbacks are ex...
Madoff scheme could stoke fears of anti-Semitism, some Jews fear

by Jennifer Peltz Associated Press
Dec 26, 2008 10:00 pm - NEW YORK - Of all the words used to describe the Bernard L. Madoff scandal, the most emotionally charged may be "Jewish." The disgraced investment guru is accused of orc...
US 3-month interbank lending rates hold steady

Associated Press
Dec 22, 2008 10:00 pm - LONDON -- The cost of three-month dollar loans between banks held steady Tuesday after recent sharp drops in the wake of last week's decision by the U.S. Federal Reserve...
A refinancing rush as interest rates come down

Associated Press
Dec 17, 2008 10:00 pm - WASHINGTON -- Homeowners across the United States on Wednesday took advantage of the Federal Reserve's extraordinary decision to lower interest rates, refinancing their...
Consumers cut spending again as recession deepens

By Christopher S. Rugaber Associated Press
Dec 12, 2008 10:00 pm - WASHINGTON - Consumers reduced their spending at retail stores again in November while the costs of goods before they reach store shelves also continued to drop, more ba...
Teasurer targets credit card companies that prey on students

By Justin Kmitch
Dec 12, 2008 10:00 pm - Most college students already have enough things to sort out without having to learn how 22 percent interest rates can haunt them for the rest of their lives. New legisl...

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