Finance
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Survey: Workers strive to get most out of benefits
Sep 01, 2009 11:00 pm - DES MOINES, Iowa -- A new survey finds 90 percent of employees plan to keep or increase work benefits as their company's open enrollment season approaches. It's surprisi...
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Regulators shut Bradford Bank in Maryland
Aug 28, 2009 11:00 pm - WASHINGTON -- Regulators on Friday shut down Bradford Bank, a small bank in Maryland, marking the 82nd U.S. bank failure this year amid the soured economy and rising lo...
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Report: Cerberus investors choose to leave funds
Aug 28, 2009 11:00 pm - NEW YORK -- The Wall Street Journal reports that investors in the main hedge funds of New York-based private equity firm Cerberus Capital Management LP want out and are ...
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Bank insurance fund down 20 percent in 2Q
Aug 27, 2009 11:00 pm - WASHINGTON -- The agency that guarantees bank deposits said Thursday there are no immediate plans to borrow money from the government to bolster its insurance fund, whi...
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Mortgage rates up slightly, still near record lows
Aug 26, 2009 11:00 pm - WASHINGTON -- Rates for 30-year home loans edged up this week, but remain close to record lows reached over the spring. The average rate for a 30-year fixed mortgage was...
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Judge asks SEC to explain Bank of America actions
Aug 25, 2009 11:00 pm - WASHINGTON -- A judge on Tuesday ordered federal regulators to explain why they didn't investigate whether executives at Bank of America Corp. misled shareholders about ...
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As more banks fail, private investors gain favor
Aug 25, 2009 11:00 pm - WASHINGTON -- With the toll of bank failures surging, regulators are expected Wednesday to ease rules they proposed only last month for private investors seeking to buy ...
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Colonial BancGroup seeks bankruptcy after U.S. probe revealedAug 25, 2009 11:00 pm - Colonial BancGroup Inc., the bank holding company under a criminal probe that was taken over Aug. 14 by North Carolina lender BB&T Corp., filed for bankruptcy. The Montg...
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Data hints consumers handling credit cards better
Aug 24, 2009 11:00 pm - NEW YORK -- The rate at which credit card holders fell behind on their payments was far worse in the second quarter than it was last year, but did improve sharply from t...
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Large Texas bank shut by federal regulators
Aug 22, 2009 11:00 pm - WASHINGTON -- Guaranty Bank became the second-largest U.S. bank to fail this year after the Texas lender was shut down by regulators and most of its operations sold at a...