News

JP Morgan Chase makes a purchase of loans from Citi

To expand lending portfolios, JP Morgan Chase made the decision to pick up a loan portfolio from Citi. The deal is worth about $ 3.5 billion, and is a part of the $ 8 billion in troubled loans Citi has been selling to others. These loans were for multi-family and apartment buildings meaning ...

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FTC may make it impossible to rent recalled vehicles

Vehicles which were recalled but never serviced won't be able to be rented if auto-safety groups get their way with the Federal Trade Commission. The FTC complaint involved the companies Enterprise, National and Alamo. A $ 15 million jury award from earlier in the year is what the petition comes from the FTC. Policies aren't set ...

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Towing four wheel vehicle facts

Towing a vehicle has to happen for numerous different circumstances. Getting two different automobiles to one place requires work. Towing can conserve you time, money, fuel and stress. Using the right tow bar after picking out the right one and installing it is much simpler than imagined. Tow bar info . Rather than loading a auto ...

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Employees with financial education make for a better company

If employees learn more about personal finance, a company tends to do better. Money troubles at home can lead to lower productivity at work, health issues and excessive turnover. Employees with financial literacy mean a company will get hundreds of thousands of dollars a year more. The weak U.S. economy has taken a ...

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Federal reserve member continues speech, even with Japanese deflation at risk

A warning of deflation was announced by the President of the Federal Reserve Bank of St. Louis, James Bullard, because the U.S. economy has gotten so bad. The whole job of the Federal Reserve during the recession has been to stop inflation. The U.S. economy may soon have a deflation, similar to Japan's, if the ...

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