Savings Accounts News
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There's a new six-figure reason to keep working out.
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President Barack Obama and first lady Michelle Obama held total assets between $1.9 million and $6.9 million last year, with as much as $515,000 of it in JPMorgan Chase & Co checking accounts.
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U.S. Senate Democrats today called for a two-year postponement of a scheduled increase in the interest rate charged on education loans to millions of college students.
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When dry weather destroyed Leonard McKissick’s soybeans last year, U.S. government-backed insurance paid him $40,000, the bulk of his loss.
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Americans are allocating a smaller share of their spending to investment-related fees since the recession, a sign they are still wary of returning to financial markets even as stocks trade near record highs.
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A bullet point on Page 18 of President Barack Obama’s 2014 budget sounds ominous: “Prohibit Individuals from Accumulating Over $3 Million in Tax-Preferred Retirement Accounts.” That it appears in a section titled “Strengthening the Middle Class” is odd since such a proposal would seem to undermine the goal.
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When it comes to stocks, French politicians mirror the population at large: they shun them.
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Argentine President Cristina Fernandez de Kirchner is starting to run low on dollars to pay the nation’s bondholders.
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At least one in four Paris apartments listed by realtor Agence Etoile can’t be sold, even with mortgage rates at record lows, as buyers and sellers fail to agree on price, the company’s director said.
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JPMorgan Chase & Co., whose trading loss of more than $6.2 billion last year was fueled by the adoption of a formula that understated risks, has adopted yet another model.
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