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Australian House Prices: What Does AUD $500,000 Buy Down Under?

Have a look at this a snapshot of some of the best houses, apartments or townhouses up for sale and auction across Australia. You might be very surprised to see what $500,000 buys! read more »
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After a Season of Cutting, Stores Sweeten Discounts

For weeks, reluctant consumers have forced retailers to lower their prices — and lower them again and again — before they even considered opening tig[...] read more »
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After Layoffs, Workers Stay at a Factory in Protest

Scores of workers laid off from a factory here that makes windows and doors have refused to leave, deciding to stage a “peaceful occupation” of the p[...] read more »
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6 Essential iPhone Apps For Managing Your Finances

Ever since the App Store was opened to the public, developers from around the world have been working feverishly to write new applications for the iP[...] read more »
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A Cash-Poor And 'Sensitive' GM to Give Up Two Planes

Struggling General Motors, which was blasted and mocked for using one of its corporate jets to fly chief executive G. Richard Wagoner Jr. to Washingt[...] read more »
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FDIC Seizes Three Banks, Expanding Loan-Relief Effort

Federal regulators seized three banks last night, including Downey Savings and Loan Association, a large California mortgage lender, expanding what i[...] read more »
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Obama Picks New York Fed Chief to Lead Treasury

President-elect Barack Obama has selected New York Federal Reserve Bank President Timothy F. Geithner as Treasury secretary, handing the post to a pr[...] read more »
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Fed questions counterparties about Citadel: report

Examiners with the Federal Reserve have questioned Wall Street counterparties about their exposure to debt and other holdings of Citadel Investment G[...] read more »
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OPEC Says It Will Cut Oil Output

Stung by what it called “a dramatic collapse” in crude prices, the OPEC cartel said on Friday that it would reduce output by a steeper-than-expected [...] read more »
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The Netherlands to Provide $13 Billion to the ING Group

The Dutch government said Sunday that it would inject 10 billion euros into the bank ING Group after it became the latest victim of the global financ[...] read more »
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Treasury to Invest in `Healthy' Banks, Kashkari Says

Neel Kashkari, the U.S. Treasury official overseeing the $700 billion rescue of the financial system, said government equity injections will be aimed[...] read more »
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U.S. Investing $250 Billion in Banks

The Treasury Department, in its boldest move yet, is expected to announce a plan on Tuesday to invest up to $250 billion in banks, according to offic[...] read more »
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Fed Opens Cash Spigot to Overseas Credit Markets

The Federal Reserve threw open its coffers to strained overseas credit markets, taking further steps to stem the global financial crisis.
The U.S[...] read more »
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European leaders hatch aid plan for banks in crisis

European leaders hurried out plans to help banks through the worst financial crisis since the 1930s, pledging before panicky world markets reopened t[...] read more »
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Wells Fargo May Cut Wachovia Investment Bank Unit, Analysts Say

Wells Fargo & Co. is likely to sell off or pare the investment banking business it's acquiring in the purchase of Wachovia Corp., analysts say. read more »
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