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UPDATE 3-US taxpayers to get another large check from Fannie Mae, Freddie Mac

UPDATE 3-US taxpayers to get another large check from Fannie Mae, Freddie Mac

* Fannie Mae, Freddie Mac to give U.S. Treasury $5.6 billion * Firms’ increase reduction contingent on one-off factors (Adds CEOs’ comments, background) By Jason Lange WASHINGTON, Aug 7 (Reuters) – Government-controlled mortgage finance firms Fannie Mae and Freddie Mac done adequate income in the second entertain to give taxpayers $5.6 billion in dividends, a […]

UPDATE 3-US taxpayers to get another large check from Fannie Mae, Freddie Mac

UPDATE 3-US taxpayers to get another large check from Fannie Mae, Freddie Mac

* Fannie Mae, Freddie Mac to give U.S. Treasury $5.6 billion * Firms’ increase reduction contingent on one-off factors (Adds CEOs’ comments, background) By Jason Lange WASHINGTON, Aug 7 (Reuters) – Government-controlled mortgage finance firms Fannie Mae and Freddie Mac done adequate income in the second entertain to give taxpayers $5.6 billion in dividends, a […]

New information uncover Massachusetts ranks high in consumer spending, including …

New information uncover Massachusetts ranks high in consumer spending, including …

BOSTON –  New sovereign information uncover that per-person consumer spending in Massachusetts was a top of any state in 2012 as a economy continued to miscarry from a Great Recession that finished 5 years ago. Massachusetts’ consumer spending rose 12 percent to about $47,300 a chairman from 2009 to 2012. Only Washington, D.C., had a […]

New information uncover Massachusetts ranks high in consumer spending, including …

New information uncover Massachusetts ranks high in consumer spending, including …

BOSTON –  New sovereign information uncover that per-person consumer spending in Massachusetts was a top of any state in 2012 as a economy continued to miscarry from a Great Recession that finished 5 years ago. Massachusetts’ consumer spending rose 12 percent to about $47,300 a chairman from 2009 to 2012. Only Washington, D.C., had a […]

Russian shoppers face life but alien delicacies

Russian shoppers face life but alien delicacies

* Russia bans Western food imports to retort against sanctions * Shoppers batch adult on unfamiliar products before anathema bites * Older epoch recalls Soviet-era queues for food * Putin assured Russian suppliers can fill gap * Brazil penetrating to squeeze share of outrageous Russian market By Alexander Winning and Dmitry Zhdannikov MOSCOW, Aug 7 […]

Russian shoppers face life but alien delicacies

Russian shoppers face life but alien delicacies

* Russia bans Western food imports to retort against sanctions * Shoppers batch adult on unfamiliar products before anathema bites * Older epoch recalls Soviet-era queues for food * Putin assured Russian suppliers can fill gap * Brazil penetrating to squeeze share of outrageous Russian market By Alexander Winning and Dmitry Zhdannikov MOSCOW, Aug 7 […]

Travel website Priceline to deposit $500 mln in China’s Ctrip.com

Travel website Priceline to deposit $500 mln in China’s Ctrip.com

Aug 6 (Reuters) – Travel website owners Priceline Group Inc will deposit $500 million in Chinese online travel company Ctrip.com International Ltd to enlarge options for both companies in China. Shares of Ctrip rose about 8.6 percent in after-market trading to $65.65 while that of Priceline’s were small changed. The investment will be done by […]

BofA reportedly in $17-billion allotment over poisonous loan securities

BofA reportedly in $17-billion allotment over poisonous loan securities

Bank of America Corp. has concluded to flare over scarcely $17 billion to settle supervision claims over poisonous debt holds that helped trigger a Great Recession, according to people tighten to a negotiations with a Justice Department. The agreement — $9 billion in money penalties and a rest in debt modifications and other consumer service […]

As pro-Russia rebel founders in Ukraine, advance fears rise

As pro-Russia rebel founders in Ukraine, advance fears rise

As Ukrainian supervision army tighten in on pro-Russia separatists’ final strongholds, Western confidence strategists have sounded a alarm that Russian President Vladimir Putin competence be scheming to invade eastern Ukraine to rescue a embattled insurgents. U.S. Defense Secretary Chuck Hagel on Wednesday combined his voice to a carol of warnings that a large Russian couple […]

UPDATE 3-BofA raises division for initial time in 7 years

UPDATE 3-BofA raises division for initial time in 7 years

(New throughout, adds sum of devise and background) Aug 6 (Reuters) – Bank of America Corp pronounced on Wednesday a Federal Reserve has authorized a devise to lift its quarterly division for a initial time given a financial crisis. The bank’s shares rose as most as 2.4 percent after Bank of America pronounced it would […]

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