Shareholders of Fannie Mae and Freddie Mac, the two government-sponsored enterprises bailed out by the government, have some hubris. Like some shareholders of the American International Group, the Fannie and Freddie shareholders have stooped to lawsuits as a way of trying to garner millions from the same government that rescued the entities. As was the [...]
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By William Schomberg and Jeff Mason ENNISKILLEN, Northern Ireland (Reuters) – The world’s rich economies said they would take a tougher stance on fighting money laundering and tax evasion but promised little in the way of specific new action at the end of a two-day summit on Tuesday. Group of Eight leaders signed up for [...]
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By Alexei Anishchuk and Andrew Osborn ENNISKILLEN, Northern Ireland (Reuters) – Global leaders called for peace talks to be held as soon as possible to resolve the Syrian civil war but they failed to mention the fate of President Bashar al-Assad in a final G8 summit communique Isolated at the G8, Russia‘s Vladimir Putin had [...]
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NEW YORK (AP) — U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer new games launched compared with last year, according to market researcher NPD Group. NPD said late Monday that total video game sales were $ 386.3 million, [...]
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NEW YORK (Reuters) – More investors raised their positions in longer-dated U.S. Treasuries holdings in the latest week in advance of the Federal Reserve’s two-day policy meeting, according to a survey released on Tuesday. A total of 19 percent of its Treasuries clients said on Monday they were “long” in their duration on U.S. government [...]
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Michelle wants to buy a home but can’t get a loan. The problem? An emergency room bill from six years ago that is listed on her credit reports as severely past due. John is fighting a $ 406 bill he received after being seen in the ER for what the doctor diagnosed as a case [...]
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JERUSALEM (Reuters) – U.S. entertainer Barbra Streisand on Monday took a swipe at Orthodox Jews in Israel who compel women to sit in the back of buses and assault them for following religious rituals traditionally reserved for men. “It’s distressing to read about women in Israel being forced to sit in the back of a [...]
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When six members of Congress went on a fact-finding trip to Russia in May to learn more about the brothers accused of the Boston Marathon bombings, they sought the help of a close friend of Russian President Vladimir Putin: Steven Seagal. The aging star of bone-snapping action films such as Hard to Kill and Under [...]
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Mortgages come in two primary forms, fixed rate and adjustable rate, with some hybrid combinations and multiple derivatives of each. A basic understanding of interest rates and the economic influences that determine the future course of interest rates can help consumers make financially sound mortgage decisions, such as making the choice between a fixed-rate mortgage [...]
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7:02 p.m. | Updated Weyerhaeuser said on Sunday that it planned to buy 645,000 acres of timberland for about $ 2.65 billion and added that it was weighing a sale or spinoff of its home-building unit. Weyerhaeuser is buying the acreage through its acquisition of Longview Timber from Brookfield Asset Management, gaining lands in Washington [...]
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