Evangelos Venizelos says bailout agreement has prevented a "nightmare" scenario unfolding in Greece, as Chancellor George Osborne describes deal as "good for Britain".![]()
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Credit-card issuers have been raising interest rates ever since they
realized they would lose more than $50 billion in revenue under a new
federal law aimed at protecting consumers from hidden or high fees,
expert say. The result: The average interest rate on credit cards reached 14.37
percent in...
McDonald’s Corp. said Wednesday that CEO Jim Skinner will retire later this year and be succeeded by the company’s president, a 22-year veteran at the world’s biggest hamburger chain. Skinner, 67, will step down on June 30 after 41 years with McDonald’s. He was named...
The job market suddenly looks brighter. Retailers reported better results. And the price of oil dropped — at least for one day. And the stock market rejoiced, having its best day in three months. The Dow Jones Industrial Average rose more than 190...
People who drank diet soda every day had a 61 percent higher risk of vascular events, including stroke and heart attack, found a new study that followed 2,500 New Yorkers for nine years.
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Germany and France, Europe's cornerstone economies, were dragged into the eye of the debt storm on Monday, triggering a collapse of stock prices around the world.
Continuing its aggressive push into Chicago, Wal-Mart Stores Inc. is expected to announce today two new locations on the South Side. Sources said Wal-Mart plans to build a Neighborhood Market at 76th and Ashland. The store will be announced today at...
Portugal insisted it could cope with looming debt repayments, after analysts warned it does not have enough money to meet its obligations.
A customer who say Zions Bank makes it difficult — if not impossible — to avoid overdraft fees has filed a lawsuit in federal court, making the Utah bank one of dozens whose extra charges have triggered lawsuits from angry consumers.
The trustee examining the books for MF Global said Monday that the failed brokerage had shortages in its customer accounts beginning five days before it filed for bankruptcy, finding evidence of fraud that auditors for Chicago’s futures exchanges missed. James...
