Finance news

David Schweikert is set to take the Republican primary in the 5th Congressional District.
As of 9:30 p.m. Tuesday night, he is well ahead of Susan Bitter Smith and Jim Ward in a U.S. House District that includes Scottsdale, Tempe and Fountain Hills.
Schweikert will take on U personal loans for bad credit.S. Rep. Harry Mitchell, D-Tempe, […]

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Biogen Idec has successfully completed phase 1 and 2a safety trials of its new hemophilia B treatment rFIXFc and has begun phase 3 trials.
The Weston, Mass.-based company (NASDAQ: BIIB) has developed the new drug with Swedish company Orphan Biovitrum AB (STO: SOBI).
The treatment has the potential to improve the lives of hemophilia patients by […]

Please remember that a payday loan is a rather expensive line of credit. Much like taking something to the pawn shop.

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Stocks slumped Thursday, with the Dow losing 145 points, as investors mulled mixed reports on the economy and a sell-off in bank shares as Wall Street reform talk move toward a close.
Dow Jones industrial average (INDU) lost around 145 points, or 1.4%. The S&P 500 (SPX) lost 18 points or 1.7% and the Nasdaq […]

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Oil prices dropped Friday after a government report said almost all of the jobs added last month were temporary Census workers, and the euro fell to a 4-year low.
What prices are doing: Crude oil for July delivery fell $3.10, or more than 4%, to settle at $71.51 a barrel.
Oil prices rose more than 2% […]

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Icelanders rejected by a massive majority a bill that would saddle each citizen with $16,400 of debt in protest at U.K. and Dutch demands that they cover losses triggered by the failure of a private bank.
Ninety-three percent voted against the so-called Icesave bill, according to preliminary results on national broadcaster RUV. Final results […]

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January was a tough month for St. Louis-area casinos, as the recession and cold weather teamed up to tamp down business.
Gambling revenue at the region’s six casinos fell by 4 percent in the month compared to last year, according to figures out Wednesday from Missouri and Illinois regulators. Every casino saw business fall. […]

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Step into Nordstrom a year ago for handmade Italian pumps and flats from designer Anyi Lu and you’d be shelling out as much as $595 a pair. This season, everything in the spring collection that hits stores next month goes for under $400. For CEO David Spatz, adjusting prices downward simply made sense: "The […]

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Gold prices hit record highs above $1,180 an ounce in Europe on Wednesday, boosted by the euro’s move through $1.50 against the dollar and by a report that India may consider buying more bullion from the IMF.
U.S. gold futures for December delivery on the COMEX division of the New York Mercantile Exchange rose $21.20 […]

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For Christy Harp, a math teacher from Ohio, it was a great year for competitive gourd growing — her 1,725-pound giant pumpkin shattered the world record by more than 30 pounds.
But that achievement is a lone bright spot in the Midwestern world of pumpkins. In Morton, Ill., the "Pumpkin Capital of the World," […]

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Swiss regional banks attracted money from their bigger, troubled rival UBS AG in the third quarter but at a slower pace than previously, the head of the banks’ association told Reuters.
Hanspeter Hess said the influx of client money was largely due to changed client perceptions toward UBS, the big Swiss bank shaken by billions […]

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