February 9th, 2012
Workers stashed money away in their 401(k) retirement plans at a faster clip last year but didn’t get an immediate reward for their savings strategy. Fidelity Investments, the nation’s biggest 401(k) administrator, says the average account balance was essentially unchanged in 2011, compared with 2010.
The year-end average for participants in Fidelity Investments plans was $69,100, […]
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January 11th, 2012
Republican Senators Orrin Hatch of Utah and Bob Corker of Tennessee criticized the Federal Reserve for overstepping its role by making policy recommendations on how the U.S. government should try new ways to spur the housing market.
Hatch, the top-ranking Republican on the Senate Finance Committee, said the housing study sent by Chairman Ben S. […]
Filed under: lenders, mortgage by Finance Boss
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January 7th, 2012
South Africa has become increasingly integrated into the global economy, leaving it exposed to
Filed under: Small Business, mortgage by Finance Boss
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January 4th, 2012
TORONTO
Filed under: News, mortgage by Finance Boss
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October 27th, 2011
The new president of embattled Olympus Corp. on Thursday denied the company’s $687 million payment for financial advice was excessive, while foreign business groups urged Japan to bolster its lagging corporate governance rules to avoid more high-level scandals.
Shuichi Takayama, who was named president Wednesday following the abrupt resignation of Chairman and President Tsuyoshi Kikukawa, sought […]
Filed under: Loans, mortgage by Finance Boss
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October 18th, 2011
Russian Prime Minister Vladimir Putin has praised himself as Russia’s “most hardworking” leader since World War II.
In his first lengthy interview since last month’s announcement that he will seek a third presidential term, the 59-year-old prime minister said that Communist-era leaders were not physically capable and did not have “the will” to run the country […]
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October 13th, 2011
Federal regulators on Wednesday cited oil company BP PLC and two other companies _ Transocean Ltd. and Halliburton _ for alleged safety and environmental violations stemming from last year’s rig explosion and massive Gulf oil spill.
The companies have 60 days to appeal the citations issued by the Interior Department’s Bureau of Safety and Environmental Enforcement.
The […]
Filed under: Small Business, mortgage by Finance Boss
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October 11th, 2011
Shares in embattled bank Dexia plummeted 33 percent when they resumed trading Monday after the lender became the first major victim of a worsening credit squeeze in Europe.
Shares slid to 0.57 euro Monday afternoon in Brussels. They had been suspended Thursday as governments in Belgium, Luxembourg and France were figuring out how to save the […]
Filed under: Uncategorized, mortgage by Finance Boss
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October 9th, 2011
The leaders of Germany and France, the eurozone’s two biggest economies, say they have reached agreement on strengthening Europe’s shaky banking sector.
German Chancellor Angela Merkel says she and French President Nicolas Sarkozy “are determined to do the necessary to ensure the recapitalization of Europe’s banks.”
Merkel spoke after talks with Sarkozy at Berlin’s chancellery Sunday aimed […]
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September 23rd, 2011
Meg Whitman, eBay’s former chief executive, was named Thursday to lead Hewlett-Packard, the company said.
She replaces Leo Apotheker, the company’s chief executive, after only 11 months on the job. He is also stepping down as a director.
But Apotheker’s strategy, including consideration of spinning off H-P’s personal computer business from other parts of the company, will […]
Filed under: Small Business, mortgage by Finance Boss
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