Markets
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Chase to pay $13 billion in deal with FedsOct 19, 2013 5:37 pm - WASHINGTON — JPMorgan Chase & Co. has tentatively agreed to pay $13 billion to settle allegations surrounding the quality of mortgage-backed securities it sold in the ru...
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S&P 500 pushes further into record territoryOct 18, 2013 6:14 pm - NEW YORK — Investors shifted their focus from politics to profits on Friday and liked what they saw, pushing the Standard & Poor’s 500 index further into record territor...
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NYSE to hold ‘dry run’ for Twitter IPOOct 18, 2013 6:09 pm - NEW YORK — The New York Stock Exchange isn’t taking any chances with Twitter’s initial public offering. The Big Board said Friday it would allow trading firms to conduc...
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How Mexico is upending the U.S. auto industryOct 18, 2013 6:06 pm - Starting in the 1980s, the U.S. auto industry went through a major upheaval. Automakers and suppliers began opening up more and more plants in the South, taking advantag...
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Economist: Lack of economic freedom leads to efficiency declineOct 17, 2013 5:15 pm - Robert Genetski, one of the nation’s premier interest-rate forecasters, blamed an erosion in economic freedom for a sharp decline in U.S. efficiency. Genetski, known...
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S&P 500 reaches all-time high after U.S. debt dealOct 17, 2013 4:46 pm - NEW YORK — The stock market hit an all-time high Thursday as Wall Street put the government shutdown and debt ceiling crisis behind it and focused on corporate earnings....
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Stocks surge after Senate reaches deal on U.S. debtOct 16, 2013 4:15 pm - NEW YORK — Wall Street finally got the deal it’s been waiting for. A last-minute agreement to keep the U.S. from defaulting on its debt and reopen the government sent th...
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U.S. stocks down as investors wait on debt newsOct 15, 2013 5:04 pm - The stock market was whipsawed Tuesday as the on-again, off-again talk of a debt deal in Washington made investors wonder just how pessimistic they should be. Stocks we...
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Investors hungrier for stock funds, but finickyOct 13, 2013 7:43 am - NEW YORK — Investors are giving stock mutual funds another shot after getting burned during the financial crisis, but they’re being choosy. From January through August,...
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Germany sees global risk shift to emerging economiesOct 12, 2013 4:58 pm - Germany’s top finance officials said risks to global growth are shifting away from Europe and toward emerging economies, while they expressed confidence that U.S. policy...