1.78%XLF 20.53 6.48%QQQQ 45.97 2.38%
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WASHINGTON (AP) - The Federal Reserve is backing JPMorgan Chase & Co.'s revamped offer to buy Bear Stearns Cos.
The Federal Reserve Bank of New York said it will provide financing to facilitate the deal.
"This action is being taken by the Federal Reserve with the support of the Treasury Department to bolster market liquidity and promote orderly market functioning," the Federal Reserve Bank of New York said in a statement on Monday.
The week started with the oil markets focused on the bombast surrounding the Iranian nuclear situation and a fall in the dollar sending oil to a ...
On July 7th Carl Icahn issues a letter to the board of Yahoo. The following is the letter in full. <hr>
A decision by Britain's anti-corruption agency to halt an inquiry into a lucrative arms deal between Saudi Arabia and BAE Systems PLC reached Bri...
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