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Shares of Chesapeake Energy plunged late Friday after the heavily indebted firm revealed that it may be forced to delay some asset sales.
In a filing with the Securities and Exchange Commission, Chesapeake (, Fortune 500) said it may have to postpone some previously planned sales of assets, such as oil and gas wells, because […]
Lending cash to individuals looking for cash advance or payday loans.
The Federal Reserve has for the first time given approval for a large Chinese bank to purchase a U.S. bank. It also gave approval to two other large Chinese banks to expand their operations in the United States.
The Fed board announced Wednesday it was approving the application of the Industrial and Commerce Bank of China […]
Payday loans no faxing fall on the less risky side simply because the money loaned to you is a percentage of your next paycheck.
Egyptian armed forces and protesters clashed in Cairo on Friday, with troops firing water cannons and tear gas at demonstrators who threw stones as they tried to march on the Defense Ministry, a flashpoint for a new cycle of violence only weeks ahead of presidential elections.
It was the second time this week that clashes have […]
After a strong start to the year, home builders have pared back, according to a report from the Census Bureau.
The number of new homes that began construction in March fell 5.8% to an annualized rate of 654,000 compared with February, the bureau said Tuesday. Housing starts were up year over year, however, by 10.3%. […]
Filed under: business, interest rate by Forest
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Renting used to be cheaper than buying. But in many U.S. cities that’s no longer the case, as rents continue to climb and home prices stagnate.
While asking prices for homes declined 0.7% over the past 12 months through March, rents rose 5%, according to a report released Thursday by real estate listing site Trulia. […]
Filed under: interest rate, term by Forest
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The number of people seeking U.S. unemployment benefits dropped last week, the latest evidence that the job market is strengthening.
The Labor Department says weekly unemployment benefit applications fell 5,000 to a seasonally adjusted 359,000. That’s the smallest number of applicants since April 2008. The four-week average, a less volatile measure, declined to 365,000.
The department also […]
Filed under: Uncategorized, economics by Forest
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Unemployment, debt and a troubled housing market are plaguing families across the country, but for those in the armed forces, there is an even bigger burden to bear.
Often young and required to move frequently, many military families struggle to maintain a two-income household, find affordable childcare and save for the future.
Service members […]
Filed under: Uncategorized, legal by Forest
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Goldman Sachs, the investment bank blistered by a resigning employee this week for how it does business, said Friday that it will try to strengthen internal rules to prevent questions about conflicts of interest.
A Delaware judge almost killed a deal between two energy companies last month because Goldman had ties to both parties: The bank […]
Filed under: mortgage, technology by Forest
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