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Dollar mostly falls as equities edge higher »
Posted by: ap 1 year, 1 month ago in Business & Finance
NEW YORK (AP) _ The dollar mostly fell Friday as stocks surged nearly 500 points on reports that President-elect Barack Obama plans to name New ...
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Pressure on Citigroup builds, shares fall below $4 »
Posted by: ap 1 year, 1 month ago in Business & Finance
NEW YORK (AP) _ Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday ...
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Meltdown 101: What is mark to market accounting? »
Posted by: ap 1 year, 1 month ago in Business & Finance
NEW YORK (AP) _ In all the finger-pointing about the credit crisis, there's one unusual suspect: an accounting standard.
Critics say the standard called ...
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Stocks surge on report of Geithner nomination »
Posted by: ap 1 year, 1 month ago in Business & Finance
NEW YORK (AP) _ Wall Street staged a comeback Friday, with the major indexes jumping more than 5 percent and the Dow Jones industrials surging ...
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Officials: Obama plans to tap Geithner at Treasury »
Posted by: ap 1 year, 1 month ago in News
WASHINGTON (AP) _ President-elect Barack Obama intends to name Timothy Geithner, president of the New York Federal Reserve, as his treasury secretary to confront the ...
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Regulators shut failed bank in Georgia »
Posted by: ap 1 year, 1 month ago in Business & Finance
WASHINGTON (AP) _ Georgia regulators have shut down The Community Bank, the 20th failure this year of a federally insured institution.
The Federal Deposit Insurance ...
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Dow up 494 as Obama prepares to name treasury boss »
Posted by: ap 1 year, 1 month ago in Business & Finance
NEW YORK (AP) _ Wall Street put a stop to a terrifying decline and stormed higher Friday as President-elect Barack Obama appeared ready to tap ...
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Federal regulators shut 2 California thrifts »
Posted by: ap 1 year, 1 month ago in Business & Finance
WASHINGTON (AP) _ Federal regulators have shut down two big thrifts based in California, saying they fell victim to the acute distress in the housing ...
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Investor fear remains deep despite one-day rally »
Posted by: ap 1 year, 1 month ago in Business & Finance
NEW YORK (AP) _ Since the Nov. 4 election, investors have been abandoning stocks in a kind of slow-motion crash that experts say underlines just ...
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Caribbean leaders join forces to fight crisis »
Posted by: ap 1 year, 1 month ago in Business & Finance
ST. JOHN'S, Antigua (AP) _ Caribbean leaders said Saturday that they will push regional banks to provide more loans to builders and exporters, boosting ...
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Cash not yet king again, but coup may be coming »
Posted by: ap 1 year, 1 month ago in Business & Finance
This holiday season, cash is in vogue again as consumers — maxed out on credit cards or trying to stick to a budget — are buying what ...
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Wall Street braces for another pivotal week »
Posted by: ap 1 year, 1 month ago in Business & Finance
NEW YORK (AP) _ Wall Street faces another pivotal week, with investors enmeshed in a stock market knocked to 11-year lows amid growing fears about ...
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Oil prices rise above $50 on Obama economy team »
Posted by: ap 1 year, 1 month ago in Business & Finance
SINGAPORE (AP) _ Oil prices rose above $50 a barrel Monday in Asia as investors gained some confidence from reports that U.S. President-elect Barack ...
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Government unveils plan to rescue Citigroup »
Posted by: ap 1 year, 1 month ago in Business & Finance
WASHINGTON (AP) _ The government unveiled a bold plan Sunday to rescue troubled Citigroup, including taking a $20 billion stake in the firm as well ...
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