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When the recession began, Americans started pinching their pennies and repaying debt, causing some to speculate that consumers might permanently abandon…
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JPMorgan's "many errors, sloppiness and bad judgment" will hurt the bank's reputation and bolster support for rules limiting banks' ability to make speculative bets.
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We imagine the lobbyist stalking the halls of Congress trying to use cash to influence important people. But often, the Congressman is stalking the lobbyist, asking for money.
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Until this week, Andrew Schiff's personal finances were his own personal business. But that changed when he was featured in an article about how smaller bonuses are leaving Wall Street workers strapped for cash. "I didn't want to be a poster child for greed," he says.
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We talk to the author of a new book who says that Americans spend too much, save too little and borrow excessively and that we might look to countries in…
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What Do The Dow's Daily Swings Mean? Not Much.Even the guy in charge of the Dow doesn't check it every day. Yet we're constantly bombarded by news of the Dow's daily movements.