Category: Economy

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New York Times To Slash 100 Newsroom Jobs In Streamlining

New York Times To Slash 100 Newsroom Jobs In Streamlining

The New York Times is cutting a record high of jobs from the newsroom, amounting to 7.5 percent of the newsroom staff. ...

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JPMorgan Faces Suit Over $10 Bn In Mortgage Bonds

JPMorgan Faces Suit Over $10 Bn In Mortgage Bonds

A NY federal judge dismissed JPMorgan Chase's objections to a lawsuit filed in 2009 that accused the bank of "packaging mortgages into the bonds that did not meet stated underwrit ...

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Argentina Deposits Debt Payment, Defying U.S. Judge

Argentina Deposits Debt Payment, Defying U.S. Judge

Find out why Argentina is ignoring U.S. courts. ...

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U.S. Accused Of Illegal 2008 Seizure As AIG Trial Opens

U.S. Accused Of Illegal 2008 Seizure As AIG Trial Opens

You won't believe why AIG's former CEO is demanding $40 billion. ...

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eBay To Spin Off PayPal Into Standalone Company

eBay To Spin Off PayPal Into Standalone Company

Meet the newest tech titan. ...

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Unemployment Insurance Is Not Reaching Those Who Need It

Unemployment Insurance Is Not Reaching Those Who Need It

The percentage of unemployed workers receiving unemployment insurance (UI) has reached its lowest point since 1987, according to the Economic Policy Institute. During the Great Re ...

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Corporate Tax Deserters

Corporate Tax Deserters

A growing number of companies are pretending to move abroad and shortchanging us all. ...

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FBI Head Criticizes Apple, Google Over Data Encryption

FBI Head Criticizes Apple, Google Over Data Encryption

James Comey has some criticism saved for Google and Apple. ...

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U.S. Economic Growth Estimate Raised To 4.6 Percent

U.S. Economic Growth Estimate Raised To 4.6 Percent

U.S. economic growth is stronger than initial estimates. ...

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A Pension Jackpot For Wall Street

A Pension Jackpot For Wall Street

Yet again, the financial industry is winning big -- and taxpayers are losing. ...

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