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Billionaire Stanley Druckenmiller to shut down Duquesne hedge fund (Aug-21, 23:00 EDT )-- Stanley Druckenmiller, one of the most successful hedge fund managers ever, has flirted with the idea of quitting several times in the past 10 years. A month ago, he got serious. Hedge fund - Stanley Druckenmiller - Funds - Business - Investing
Final phase of federal law restricting credit card fees, interest rates begins (Aug-21, 23:00 EDT )-- The final phase of the landmark federal legislation that placed new restrictions on credit card interest rates and fees takes effect Sunday. Though the bulk of the law's provisions were enacted earlier this year, there are still a few important changes...
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Help your college student manage money on campus and dodge financial temptation (Aug-21, 23:00 EDT )-- Forget tuition. Once that bill is taken care of, the biggest financial challenge you face when sending kids off to college is making sure they don't overdraw their checking account or run up a credit-card bill they can't pay off. Here's how to help...
Meditate on your portfolio to see the big picture and the small details (Aug-21, 23:00 EDT )-- One of the most valuable investing precepts is: "Know what you own." For most people, this means doing basic research on one's holdings. For some, it means reaching for a cold Bud and thinking: "That's my fifth one today. Maybe I should buy Anheuser...
In copycats vs. copyright, the knock-off wins (Aug-21, 23:00 EDT )-- I pride myself on being a man of substance. A wonk. A nerd, even. And like most nerds, I don't have a great eye for fashion. So I ask this question seriously: What did you think of Chelsea Clinton's Vera Wang wedding dress? Want to buy it? What if I...
The Color of Money: Basic lessons on credit cards for students (Aug-21, 23:00 EDT )-- Entering freshmen at colleges across the country will be the first class of regular-semester students to face credit card restrictions under the Credit Card Accountability, Responsibility and Disclosure Act of 2009. Credit card - Personal Finance...
In tough economic times, best to look for a new job quietly (Aug-21, 23:00 EDT )-- When Cheryl Palmer was looking for a new job a few years ago, she did not want her boss to know. Her employer had a very casual dress code, so "it would have been a big red flag to come in dressed in an interview suit," she recalled. Business and...
China bank property stress test finds risk: report (Reuters) (Aug-21, 21:44 EDT )-- Reuters - A 50-percent drop in China's property prices will lead to a surge in bad real estate loans for Chinese lenders, a local newspaper reported, citing the results of the latest round of a Chinese bank stress test.
Wall Street gloom set to stretch (AFP) (Aug-21, 13:16 EDT )-- AFP - Wall Street stocks ended mostly lower the past week despite positive company earnings and corporate activity as pessimism over the US economic recovery prevailed.
Reagan's first term offers measuring stick for Obama (Aug-21, 11:47 EDT )-- Throughout this long year, President Obama's advisers have sometimes looked to Ronald Reagan for comparison and inspiration. If the Gipper could survive a deep recession, low approval ratings and an adverse midterm election in his first two years and...
Gov't: 23K workers affected by Gulf oil drill ban (AP) (Aug-21, 06:06 EDT )-- AP - The deepwater drilling moratorium in the Gulf of Mexico costs at least 23,000 jobs, according to a federal document that weighed the economic impact and alternatives to the drilling ban.
With consumers slow to spend, businesses are slow to hire (Aug-20, 23:00 EDT )-- CHICAGO -- Corporate profits are soaring. Companies are sitting on billions of dollars of cash. And still, they've yet to amp up hiring or make major investments -- the missing ingredients for a strong economic recovery. Economy of the United...
Some Fed officials losing spots at annual Jackson Hole retreat (Aug-20, 23:00 EDT )-- Some Federal Reserve officials accustomed to an automatic invitation to the central bank's annual mountainside symposium in Jackson Hole, Wyo., came up empty-handed this year. Jackson Wyoming - United States - Jackson Hole - Counties - Jackson
Military contractor VSE buys Akimeka; EntreMed gets notice of Nasdaq violation (Aug-20, 23:00 EDT )-- Military contractor VSE said Thursday that it has bought Akimeka for about $33 million, expanding its health services information technology consulting business. VSE Corporation - Business - Major Companies - Publicly Traded - United States
Stock market ends down for second straight week; investors fear more volatility (Aug-20, 23:00 EDT )-- U.S. stocks slumped Friday, sending Wall Street to its second straight weekly decline and highlighting investors' concerns that the economic recovery could be faltering. Stock market - Business - Investing - Stocks and Bonds - Equities
Nearly 50% leave Obama mortgage relief program (Aug-20, 23:00 EDT )-- Nearly half of the homeowners who enrolled in the Obama administration's flagship mortgage-relief program have fallen out. Business - United States - Mortgage - Foreclosure - Financial Services
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