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Citigroup said Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. ...more
December 15, 2009
Seattle Paper Goes Online Hearst Corp. announced Monday that the Seattle Post-Intelligencer will print its last newspaper edition today and become exclusively Web-based as www.seattlepi.com, making it the nation's largest daily newspaper to move to online only. ...more
March 17, 2009
Citigroup Inc. said Friday it reached a deal that will give the government an increased stake in the struggling bank. ...more
February 27, 2009
The state's insurance commissioner Tuesday tried to calm fears about the solvency of small companies stepping in to replace industry giants that have reduced homeowner coverage in Florida because of the state's hurricane risk. ...more
January 14, 2009
The state's insurance commissioner Tuesday tried to calm fears about the solvency of small companies stepping in to replace industry giants that have reduced homeowner coverage in Florida due to the state's hurricane risk. ...more
January 13, 2009
Sen. John McCain struck a sharply more critical tone about the proposed federal bailout of the financial sector on Monday, calling for greater oversight of how the Treasury secretary administers the program because "when we're talking about a trillion dollars of taxpayer money, 'trust me' just isn't good enough." ...more
September 23, 2008
The $500 billion that the U.S. government estimates it will cost to buy the risky investments of financial institutions in coming months approaches what it costs to run the Pentagon for a year. ...more
September 20, 2008
Just about everyone is watching Wall Street these days wondering what's going to fall next. Giant investment firms have tumbled and other financial companies have been bought by the federal government because their demise would severely harm our economic system. It's scary for regular folks who are worrying about their 401ks, IRAs and any other investment. ...more
September 18, 2008
If you're in the market for a mutual fund, you'll want to make sure to pick the right one. There are hundreds of funds to choose from. So how should you go about investing in the right one? ...more
August 17, 2008
Focused on getting the nation's credit gears smoothly working again, the Federal Reserve is letting Wall Street firms draw emergency loans into next year and giving financial companies more options to help them overcome credit problems. ...more
July 31, 2008
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