Finance
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Morgan Stanley, Merrill chiefs give up bonuses
Dec 08, 2008 10:00 pm - NEW YORK -- The chief executives of Morgan Stanley and Merrill Lynch & Co. are going without bonuses for a year that has seen Wall Street ravaged by staggering losses, ...
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FDIC shuts failed bank in GeorgiaDec 05, 2008 10:00 pm - WASHINGTON -- Regulators have shut down First Georgia Community Bank, the 23rd U.S. bank failure this year. The Federal Deposit Insurance Corp. has been appointed receiv...
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Mortgage plan shows increased gov't role
Dec 04, 2008 10:00 pm - WASHINGTON -- If you're looking for a mortgage, Uncle Sam may be the only game in town. The government has already increased its share of the mortgage market to around 9...
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Google gears down for tougher timesDec 03, 2008 10:00 pm - MOUNTAIN VIEW, Calif. - Corporate austerity is reaching one of the most extravagant spenders of the boom years. Google Inc. has begun to tighten its belt. For much of it...
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Reduce risk: Make new retirement contributions to fixed-income fundsDec 03, 2008 10:00 pm - Q: I participate in the federal Thrift Savings Plan. I have my money distributed in these funds: 60 percent in large stocks, 20 percent in small stocks and 20 percen...
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Black Friday discounts boost retail salesDec 02, 2008 10:00 pm - Consumers lured into stores by Black Friday discounts pushed up U.S. retail sales for the first time in three weeks. Sales at stores open at least a year rose 1.3 perce...
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Smaller mortgage lenders see opportunity
Dec 01, 2008 10:00 pm - As many of the biggest U.S. banks continue to pare back their mortgage lending, some smaller financial institutions see global financial turmoil as an opportunity to pic...
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TransUnion: 3Q credit card delinquency rate rises
Dec 01, 2008 10:00 pm - NEW YORK _ The percentage of people who were delinquent on their credit card payments rose in the third quarter from the same time last year, while average debt per borr...
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Fed's emergency loan program increases activity
Nov 29, 2008 10:00 pm - WASHINGTON -- The Federal Reserve boosted its lending to commercial banks and investment firms over the past week, indicating that a severe credit crisis was still squee...
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With times tight, even lawyers get outsourcedNov 26, 2008 10:00 pm - As the economic crisis deepens in the U.S., some lawyers are making out well - in India. At the Mumbai subsidiary of outsourcer Pangea3 LLC, rows of Indian lawyers at ne...