Finance
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Dollar drop maps loss of U.S. clout at final G-8 summitJul 03, 2008 11:00 pm - When President George W. Bush went to his first Group of Eight summit in 2001, a dominant issue was the dollar -- the strong dollar, that is. The U.S. currency was on a ...
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Fugitive hedge-fund founder Israel gets 20 years, additional chargesJul 03, 2008 11:00 pm - Samuel Israel, the convicted founder of hedge-fund firm Bayou Group LLC who faked his suicide and jumped bail rather than face prison, was sentenced to 20 years in priso...
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Job losses persist for sixth month in a row
Jul 03, 2008 11:00 pm - WASHINGTON - Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate...
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Paulson: Banking regulations need fix
Jul 02, 2008 11:00 pm - LONDON - The United States must build a tougher regulatory system that can allow financial institutions to fail without causing wider economic turbulence, U.S. Treasury ...
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IRS has a heart: Mileage writeoff raised
Jun 22, 2008 11:00 pm - WASHINGTON -- The Internal Revenue Service, citing the drain that high gas prices are having on people's finances, said Monday it is raising the automobile mileage rate ...
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Fixed income an essential part of retirement portfolioJun 18, 2008 11:00 pm - Q. I have around $1.2 million, mostly in equities. My house is paid for. There will be around $300,000 in company profit-sharing when I retire, and that has been my ace ...
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Morgan Stanley 2Q profit beats estimates
Jun 17, 2008 11:00 pm - NEW YORK -- Morgan Stanley says trading and the sale of some of its holdings helped lift the investment bank's profit above Wall Street projections for the second quarte...
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Fed leases more space as people write fewer checksJun 16, 2008 11:00 pm - HELENA, Mont. -- The shift to fewer paper checks and greater electronic movement of money in the United States has left the Federal Reserve with some empty office space....
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Goldman Sachs 2Q beats Wall Street expectationsJun 16, 2008 11:00 pm - NEW YORK -- Goldman Sachs, the world's largest investment bank, says strong asset management and equity underwriting pushed second-quarter profit above Wall Street expec...
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Rates on 30-year mortgages jump
Jun 11, 2008 11:00 pm - WASHINGTON -- Rates on 30-year mortgages jumped to the highest level in nearly eight months, reflecting increased concerns about what the Federal Reserve might do to bat...