All posts tagged "Banking-Finance"

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  Want To Sue Your Bank? Regulators Push To Make It Easier

  Consumer Financial Protection Bureau has proposed a rule that would ban arbitration clauses

  • Posted May 5, 2016
• US Stocks end Mostly Higher, but Energy Sector hit by Slump in Oil

  The U.S. stock market mounted a last-minute comeback to close slightly higher on Monday, snapping a three-day losing streak. The Standard & Poor’s 500 index and the Dow Jones industrial average each eked out a tiny gain,...

  • Posted January 11, 2016
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• Uruguay Bailing Out Troubled State Oil Company

  MONTEVIDEO – Uruguay’s congress has approved an $872 million aid package for the country’s debt-ridden state oil company. Sunday’s lower house vote forgives a $622 million debt and enables $250 million in credits from a regional development...

  • Posted January 3, 2016
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• Average US Rate On 30-Year Mortgages Rises To 4.01 Percent

  WASHINGTON – Average long-term U.S. mortgage rates crossed the 4 percent mark this week, a slight increase in the wake of the Federal Reserve decision this month to hike a key short-term interest rate. Mortgage buyer Freddie...

  • Posted December 31, 2015
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• US Pending Home Sales Slip In November

  WASHINGTON – Fewer people signed contracts to purchase homes in November, as the real estate market appears to have cooled after sales gains for much of 2015. The National Association of Realtors said Wednesday that its seasonally...

  • Posted December 31, 2015
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• Governor: Puerto Rico To Default On $37M In Interest Due

  SAN JUAN – Puerto Rico’s governor announced Wednesday that the U.S. territory will meet $594 million in bond payments due next week but will still default on $37 million in interest. Gov. Alejandro Garcia Padilla said the...

  • Posted December 31, 2015
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• Gov: Puerto Rico To Default On $37M In Interest Due On Bonds

  SAN JUAN – Puerto Rico’s governor says the U.S. territory will make a $594 million bond payment due next week but default on $37 million in interest. Gov. Alejandro Garcia Padilla said Wednesday that the payment includes...

  • Posted December 30, 2015
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• US Pending Home Sales Slip In November

  WASHINGTON – Fewer people signed contracts to purchase homes in November, as the real estate market appears to have cooled after sales gains for much of 2015. The National Association of Realtors said Wednesday that its seasonally...

  • Posted December 30, 2015
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• Ambac (AMBC) Releases Letter to Puerto Rico Governor on Illegal PRIFA Clawback

  NEW YORK – Ambac Financial Group, Inc. (Nasdaq: AMBC) announced Tuesday that Ambac Assurance and Financial Guaranty Insurance Company have issued a letter to the Governor and other top officials of Puerto Rico, regarding the Commonwealth’s illegal...

  • Posted December 30, 2015
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• US Home Prices Climb In October, Helped By Solid Job Market

  WASHINGTON (AP) – Steady job growth, low mortgage rates and tight inventories helped fuel rising U.S. home prices in October. The Standard & Poor’s/Case-Shiller 20-city home price index rose 5.5 percent in the 12 months ending in...

  • Posted December 30, 2015
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