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An investor rally late last week helped push the price of crude oil higher, meaning Orlando-area motorists — and motorists nationwide — can expect slightly higher gas prices this week, AAA Auto Club South said.
The rally was spurred by Federal Reserve Chairman Ben Bernanke’s statement that the Central Bank is ready to help stimulate the […]
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Fannie Mae says that its financial condition has vastly improved over previous quarters, but the mortgage finance company still requested more government assistance.
The government-run company said Thursday it lost $1.2 billion in the second quarter, down significantly from an $11.5 billion loss in the prior quarter. Last quarter’s loss was the smallest since the […]
The free credit score industry has been booming since the recession as a lot of people hit hard times and want to keep an eye on how the recession has affected their credit standing.
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The Phoenix Coyotes hockey team will begin selling 20- and 11-game packages to existing ticket holders Wednesday and to the general public on Friday.
Prices for 20-game plans range from $19 per ticket in the upper level to $260 a game near the ice at Jobing.com Arena in Glendale. Prices for 11-game plans range from $23 […]
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If you’re looking to get in on the China growth train, be prepared to stomach the near-term risk.
The Shanghai Composite is down 22% year-to-date with much of the selloff attributed to worries about China’s economy overheating.
However, last week’s news that China’s economy is still growing super-fast — but just a pinch more slowly […]
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Cornell’s Restaurant in Schenectady will remain open as the company that owns the restaurant’s real estate reorganizes its debts in U.S. Bankruptcy Court, officials said today.
The real estate holding company, 39-45 North Jay Street Corp., filed for Chapter 11 to protect itself from creditors, including American Tax Funding, which handles tax liens for the city […]
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Anadarko Petroleum, a minority partner in the ruptured well in the Gulf of Mexico, blamed BP for "reckless" behavior, seeking to distance itself from the worst oil spill in US history.
"The mounting evidence clearly demonstrates that this tragedy was preventable and the direct result of BP’s reckless decisions and actions," Anadarko chief executive […]
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AHC Inc. has secured $16 million in financing from SunTrust Bank for pre-development and construction of more affordable housing projects in the region, and the group is on the prowl for new sites.
With the largest bank agreement it has secured to date, AHC hopes to use the funds to act more quickly when it identifies […]
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The summer vacation season has started, and Southern California drivers have been greeted with lower gasoline prices to start the season.
According to the Automobile Club of Southern California’s Weekend Gas Watch, the average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.006 per gallon, which is 2.4 cents less than last […]
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Retailers are poised for a major victory in the Wall Street reform bill currently pending in Congress. The Senate adopted an amendment late Thursday that will slap sharp restrictions on the fees issuers levy every time a buyer pays with a debit card.
Called "interchange" fees, the charges typically consume 1% to 3% of every […]
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Goldman Sachs defended its controversial employee bonuses and multi-billion dollar relationship with AIG in its annual report released Wednesday, while downplaying its short-selling in the mortgage market.
Much of the letter was devoted to describing Goldman’s (GS, Fortune 500) role in the financial crisis and the recession, praising its own "strong performance" in 2009, which […]