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Market Wrap For January 16: Markets End Two Day Winning Streak
Thursday, January 16, 2014 - 5:46pm | 2518Read More...The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....
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Food Stamp Cuts Affect Retailers and Consumers
Friday, November 1, 2013 - 10:52am | 573Read More...With the expiration Friday of $16 billion in Supplemental Nutrition Assistance Program, or SNAP, benefits first enacted in 2009, approximately 48 million Americans will see cuts in their food stamp benefits. The cuts, which average $36 a month for a family of four, will not just affect those...
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U.S. Postal Service Posts $740 Million Loss And May Default On Pension Payment
Friday, August 9, 2013 - 3:32pm | 493Read More...According to a statement released by the U.S. Postal Service on Friday, it lost $740 million over the last three months, increasing its year-to-date net loss to $3.9 billion. Despite claiming to have taken aggressive action to contain costs and increase efficiency, including a decrease in...
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Time Warner's Blackout Of CBS Could Last Weeks (CBS, TWC)
Monday, August 5, 2013 - 6:50am | 575Read More...Do you live in New York, Los Angeles or Dallas? Do you subscribe to Time Warner Cable (NYSE: TWC) and enjoy watching programming on CBS (NYSE: CBS)? Don’t look now - well actually, you can’t. And, maybe not for several weeks. Reuters reported Sunday that thanks to the fact that the two...
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Senate Finally Reaches Deal on Student Loans
Friday, July 19, 2013 - 7:54am | 614Read More...With the August recess looming, along with the return of students to college, a bipartisan group of Senators, under the leadership of Majority Whip, Dick Durbin, reached a compromise on student loan rates, according to Politico. Senator Lamar Alexander said, “It would save students in 11...
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Are Facebook Advertisers Wasting Millions of Dollars?
Wednesday, August 10, 2011 - 2:50pm | 684Read More...At $1.74 per click and $0.75 CPM, is the social networking giant screwing advertisers? Facebook loves to brag about its success, even at the risk of putting us to sleep. There's no denying that the site is popular; at 750 million users, the social networking entity has become an enormous...
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Republicans Release Proposed Budget
Wednesday, April 6, 2011 - 12:20pm | 203Read More...House Republicans released their plans Tuesday morning to reduce the federal deficit by $5 trillion over the next decade. Republican Paul Ryan, House Budget Committee Representative, unveiled the plan not as a proposal for legislation, but rather as a guideline for future action in Congress and as...






