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Banks Reworking Loans, Cutting Foreclosures
Published March 28, 2013
The biggest U.S. lenders have apparently concluded that keeping people in their homes under revamped payment plans is preferable to the costly and time-consuming foreclosure process.
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Egan-Jones Cuts UK Credit Rating
Published March 27, 2013
Ratings firm Egan-Jones downgraded the United Kingdom to A+ from AA-, citing Europe’s ongoing fiscal woes.
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Madoff to FOX Business: 'The Banks Knew'
Published March 26, 2013
Bernard Madoff told FBN he's willing to provide congressional committees proof that the big banks he did business with knew what he was up to.
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Is The Fed Ready To Tighten?
Published March 15, 2013
The Federal Reserve meets next week and investors will be looking to see if recent positive data might lead board members to begin tightening fiscal policy.
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SAC Affiliates in $614M Insider Trading Settlement
Published March 15, 2013
An affiliate of Steve Cohen's SAC Capital agreed to pay more than $600 million to settle SEC insider trading charges in the largest settlement of its kind.
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Lew: Budget Deal May Come In Stages
Published March 14, 2013
Treasury Secretary Jack Lew said in an interview with FOX Business that current efforts to reach a balanced budget agreement may not provide a definitive solution.
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Politics No Help In Cutting Health-Care Spending
Published March 12, 2013
The key to passing Medicare reform is to somehow get on board the 45- to 55-year-old demographic for whom any changes to the program will have the most impact the soonest.
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Retail Sales, Inflation on Tap Next Week
Published March 08, 2013
Retail sales and two inflation gauges will take center stage in a relatively light week for economic data.
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Jobless Rate Falls to 7.7% as Economy Adds 236K Jobs
Published March 08, 2013
Non-farm payrolls increased 236,000 in February, pushing the unemployment rate down to 7.7% -- the lowest since December 2008.
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Stress Test: Banks Could Survive Economic Meltdown
Published March 07, 2013
Bank stress test results on 18 of the largest U.S. banks show all but one could easily withstand a financial crisis much worse than the 2008 financial crisis.

