Finance
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Freddie Mac loses $151M in 1Q as home loans falter
May 13, 2008 11:00 pm - Freddie Mac says its first quarter loss widened to $151 million as the U.S. housing market worsened, though the results were not as poor as expected. McLean-Va.-based Fr...
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Overspending foes advocate public anti-spend campaignMay 13, 2008 11:00 pm - WASHINGTON -- A coalition of consumer advocates, public policy groups and academics wants to attack our country's dependence on debt by creating a national campaign much...
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Fannie Mae prices $4.5 billion stock offering
May 08, 2008 11:00 pm - NEW YORK -- Fannie Mae said late Thursday it will sell about $4.5 billion of common stock and preferred stock to raise cash after posting a $2.2 billion loss for the fir...
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Citigroup targeting 9 percent revenue growth
May 08, 2008 11:00 pm - NEW YORK -- Citigroup says its is aiming for 9 percent revenue growth as it looks to rebound from recent struggles tied to deterioration in the mortgage and credit marke...
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March trade deficit drops by bigger-than-expected amount
May 08, 2008 11:00 pm - WASHINGTON -- The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending. The Commerce Departm...
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You can retire early, but it may require a 'reset'May 07, 2008 11:00 pm - Q. Am I too young to retire and survive? I am 55 years old, and before company reorganization and the elimination of my position, I had a plan. I was cutting back on spe...
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The latest IRS report reveals the truth about income taxesMay 05, 2008 11:00 pm - Taxes are unpleasant and unfair. We all know this. And our friends in government work hard to keep it that way. The only thing about taxes that all Americans can agree o...
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Consider funds that reduce riskApr 30, 2008 11:00 pm - Q. I'm semiretired, married, with no children. We own our home. I'm 62, have no pension. Our total savings is $95,000 in Vanguard Target Retirement 2010 fund in an IRA. ...
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Overdue credit-card payments held steady in MarchApr 30, 2008 11:00 pm - Overdue debts at the six largest U.S. credit-card lenders held steady in March, remaining at the highest level since November 2004, data compiled by Bloomberg show. Pay...
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Consumer may get benefits from a Fed rate pauseApr 30, 2008 11:00 pm - WASHINGTON -- While the Federal Reserve's aggressive drive to lower interest rates appears to be over, there could be benefits for consumers in other places -- like some...