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- Oct. 13 (Bloomberg) -- Royal Bank of Scotland Group Plc , the second-biggest U.K. bank before shares collapsed last week, ousted its chief executive and turned over control to the government in exchange for a 20 billion-pound ($34 billion) lifeline ...
- 'It's 3 a.m. and your children are safe and asleep. But there's a phone in the White House and it's ringing." Those lines from a Hillary Rodham Clinton campaign commercial invoked images of a president responding in the dead of night to "evil" forces ...
- WHILE THE nation’s attention will be focused on Tuesday’s federal election, a significant date in the mortgage industry also comes this week. As of Wednesday, 40-year amortizations will no longer be available on high-ratio mortgages, and home ...
- ARLINGTON, Virginia - The US presidential campaign settled into a straight fight on the economy on Monday as global financial turmoil focused both candidates on how to help Americans worried about their future. Republican nominee John McCain is ...
- Oct. 13 (Bloomberg) -- European leaders agreed to guarantee new bank debt and use taxpayer money to keep distressed lenders afloat, helping stem the worst rout in Europe's stock markets in two decades. At a summit chaired by French President Nicolas ...
- The US presidential campaign became a straight fight on the economy as global financial turmoil focused both candidates on how to help Americans worried about their future. Republican nominee John McCain is working on a new economic plan based on ...
- PARIS, Oct 13 (Reuters) - France is set to announce a 40 billion euro ($54.89 billion) fund to help banks in difficulty and will create a vehicle to provide liquidity to interbank markets, Dow Jones reported on Monday, citing 'a source'. The ...
- The British Government is clamping down on executive pay in return for pumping £37 billion into three of the country’s biggest banks. Under the emergency refinancing, announced this morning, the three banks participating in the scheme - Royal Bank ...
- Francine Caruso wants a president who can "fix the economy" and it's not hard to see why. This year, she's lost her job, couldn't sell her Wantagh home, and watched her husband delay retirement as his portfolio lost $30,000 last week in the market ...
- It hasn't been an easy economic road for Joan Fennell. Once a hotel chef, Fennell, 58, and her husband Joseph, 63, used to have plenty of savings and a comfortable income. When she became disabled, Fennell switched jobs, working as a conference ...
- Oct. 13 (Bloomberg) -- The ongoing market mayhem reminds me of the character Theodore ``Hickey'' Hickman in Eugene O'Neill 's 1939 classic play ``The Iceman Cometh.'' Hickey, an alcoholic salesman, returns to his favorite New York saloon of ...
- Oct. 13 (Bloomberg) -- The ongoing market mayhem reminds me of the character Theodore ``Hickey'' Hickman in Eugene O'Neill 's 1939 classic play ``The Iceman Cometh.'' Hickey, an alcoholic salesman, returns to his favorite New York saloon of ...
- It's the watching and waiting that kills you. Whether it was someone's life savings, a stash of mad money or a retirement account at stake, there was no relief last week. Investors of all kinds will watch with trepidation as the Wall Street clock ...
- Westpac has cut the cost of its fixed rate mortgages, days after a similar move by NAB. Westpac's announcement came after the Reserve Bank slashed the official cash rate last week by one percentage point to 6%. In an effort to reassure a nervous ...
- Oct. 13 (Bloomberg) -- European leaders agreed to guarantee new bank debt and use taxpayer money to keep distressed lenders afloat, trying to stop the worst rout in Europe's stock markets in two decades and stave off a recession. At a summit chaired ...
- NEW YORK — Investors agonizing over whether the stock market is bottoming out or about to extend its precipitous decline face more uncertainty this week as they await action on the government's rapidly expanding effort to pull the financial system ...
- Oct. 13 (Bloomberg) -- European leaders agreed to guarantee new bank debt and use taxpayer money to keep distressed lenders afloat, trying to stop the worst rout in Europe's stock markets in two decades and stave off a recession. At a summit chaired ...
- Oct. 13 (Bloomberg) -- European leaders agreed to guarantee new bank debt and use taxpayer money to keep distressed lenders afloat, trying to stop the worst rout in Europe's stock markets in two decades and stave off a recession. At a summit chaired ...
- Judy Feder knows all about the housing crisis that has rocked the city of Manassas and she wants to make a difference there. “I know people there are hurting,” said the 10th District congressional candidate about a city that saw more than 450 ...
- PARIS -- President Nicolas Sarkozy said he expects a meeting of 15 European leaders Sunday to produce an ambitious, coordinated plan to battle the effects of the global financial crisis. Decisions taken by the heads of countries where the euro ...
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