Arcive of financial news
President Barack Obama’s $787 billion stimulus program will fall short of its jobs target, ING Financial Markets economist Rob Carnell said after a tour […]
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German factory orders rose for a fifth month in July, helping the recovery in Europe’s largest economy gain traction.
Orders, adjusted for seasonal swings […]
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NEW YORK (CNNMoney.com) — Banks are still failing left and right, and according to a recent survey of top financial services leaders, a big majority […]
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You now own a big piece of troubled bank Citigroup.
Although some housekeeping issues remain, Citigroup effectively completed its long-awaited plan to turn preferred shares […]
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The Philippine central bank may reduce borrowing costs for a sixth time in seven months to boost domestic spending and shield the Southeast Asian […]
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Hackers launched an attack on Facebook’s 200 million users Thursday, successfully gathering passwords from some of them in the latest campaign to prey on […]
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Norway’s government will raise spending, adding to the country’s biggest stimulus package in more than 30 years, to jolt the oil-driven economy out of […]
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Pier 1 Imports Inc. has decided so far to close 16 stores since announcing last month that it had hired a company to help negotiate […]
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Private-equity firm Apollo Management is in talks to take a substantial ownership stake in Charter Communications Inc. as part of the cable company’s bankruptcy […]
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Retirees reeling from the impact of the stock market’s slide can take some solace from recent tax-law changes to help minimize their losses.
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