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Lenders venturing back into subprime market
Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking — a subprime loan. The...
Tags: Politics, Fannie Mae, Freddie Mac, Federal Reserve, Housing and Urban Planning
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Toyota profit booms
Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback. Toyota Motor Corp., which last year reclaimed the title of world's...
Tags: Ford, Shinzo Abe, Toyota Recalls, Natural Disasters, Kelley Blue Book LLC
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Dow continues to sizzle, topping 15,000 for the first time
NEW YORK — Another day, another milestone on Wall Street. The red-hot Dow Jones industrial average barreled past 15,000 to close Tuesday at its highest point in history. It marked the 16th record close for the blue-chip index this year and...
Tags: Credit Ratings, Mutual Funds, Companies and Corporations, Labor Markets, Financial Markets
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Voice of the People, May. 08
This is in response to "Tribune Watchdog: Divorce court weds power and privacy; Well-connected politicians, prominent lawyers keep their family matters secret with consent of judges in Domestic Relations Division." The article conveniently ignores two...Tags: Politics, George W. Bush, Economic Policy, Frankfort, Pension and Welfare
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Washington County awards bids for $25 million in bond sales
cj.lovelace@herald-mail.comThe Washington County Board of Commissioners on Tuesday awarded bids for the 2013 Maryland General Obligation bond sales, amounting to nearly $25 million. The first bond, which totals $12 million and will be used for public improvements, is new money...Tags: Finance, Economy, Business and Finance
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Dow closes above 15,000 for first time [video chat]
NEW YORK -- The Dow Jones industrial average on Tuesday closed above 15,000 points for the first time, clearing a psychological hurdle as stocks continue a strong rally this year. It was only three months ago when the Dow, the iconic blue-chip index for...
Tags: Credit Ratings, ING Group, Central Bank, Stock Market, Federal Reserve
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Mundelein hopes to save $120,000 through bond refinancing
Mundelein plans to refinance $5 million worth of bonds in a move that will save the village more than $100,000 by 2025, officials said. The village board approved a $22,000 contract with financial services firm Kane, McKenna and Associates, Inc. to...Tags: Finance, Financial and Business Services, Economy, Business and Finance
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State audit: Parkland paid too much to former superintendent, engaged in risky swap deal
A state school performance audit concluded that the Parkland Area School District was overly generous to former Superintendent Louise Donohue by including money for unused sabbatical leave in her severance package. The district also risked taxpayer money...
Tags: Finance, Accounting and Auditing, Economy, Business and Finance
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Warren Buffett says economy slowly improving, calls Bernanke 'gutsy'
WASHINGTON -- Billionaire investor Warren Buffett said he sees the economy slowly improving and hailed Federal Reserve Chairman Ben S. Bernanke as "gutsy" for the actions the central bank has taken to boost growth. Buffett told CNBC on Monday that he...
Tags: Finance, CNBC (tv network), Financial Markets, Warren Buffett, Central Bank
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Sen. Elizabeth Warren wants student loans to get Fed discount rate
WASHINGTON -- Students taking out government loans to help pay for college should pay the same rock-bottom interest rate that the Federal Reserve charges big banks, Sen. Elizabeth Warren (D-Mass.) proposed Wednesday. With the interest rate on federal...
Tags: Loans, Finance, Occupy Wall Street, Federal Reserve, Consumers
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Sun Sentinel Investigation: Tax lien sharks use shell companies to squeeze out locals
Tax lien auctions are a little-known but juicy Florida financial market worth up to $1 billion a year. And, the Sun Sentinel has found, banks, hedge funds and other financial powerhouses have hit upon a way to game the system, squeeze out the little guy...
Tags: Credit Ratings, Mutual Funds, Politics, Aventura, Auction Service
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Warren Buffett: 'Economy moving forward'
Warren Buffett said the U.S. economy is gradually improving, crediting Federal Reserve Chairman Ben Bernanke's efforts to stimulate it. "The economy is moving forward, but at a slow pace," Buffett said on CNBC Monday after Berkshire Hathaway's annual...Tags: Berkshire Hathaway Inc., Finance, CNBC (tv network), Warren Buffett, Federal Reserve
Apr 27, 2013
|Story| Los Angeles Times
May 8, 2013
|Story| Los Angeles Times
May 7, 2013
|Story| Los Angeles Times
May 8, 2013
|Story| Chicago Tribune
May 7, 2013
|Story| Herald Mail
May 7, 2013
|Story| Los Angeles Times
May 6, 2013
|Story| Chicago Tribune
May 6, 2013
|Story| Allentown Morning Call
May 6, 2013
|Story| Los Angeles Times
May 8, 2013
|Story| Los Angeles Times
May 3, 2013
|Story| South Florida Sun-Sentinel
May 6, 2013
|Story| Allentown Morning Call
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