Finance
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US 3-month interbank lending rates hold steady
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...
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A refinancing rush as interest rates come down
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...
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Consumers cut spending again as recession deepens
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...
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Teasurer targets credit card companies that prey on studentsDec 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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Do some reading to weather the downturnDec 10, 2008 10:00 pm - WASHINGTON - By now you've either read or heard that we are officially in a recession. In fact, we've been in one since last December, according to the National Bureau o...
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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...