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Bank of America announced Thursday that it reached an agreement with federal and state regulators to pay nearly $17 billion to end lawsuits related to deficient home loans and mortgage-backed securities sold prior to the financial crisis. (AP Photo)
Economy

Bank of America settles for record $17 billion in mortgage inquiry

Joseph Lawler -
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Treasury looks to stop ‘corporate deserters’ on its own
Business

Treasury looks to stop ‘corporate deserters’ on its own

Joseph Lawler -
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Many Federal Reserve officials are confident enough in the economy's progress to raise interest rates and tighten the money supply earlier than previously indicated. (iStock Photo)
Economy

More Federal Reserve officials show support for ending stimulus earlier

Joseph Lawler -
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Consumer prices rose at a 2 percent annual rate for the fourth month in a row, the Bureau of Labor Statistics reported Tuesday morning, led by the increasing cost of food. (AP Photo/Nick Ut)
Economy

Rising food costs keep inflation up in July

Joseph Lawler -
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A bipartisan group of Congress' most vocal lawmakers on matters of financial regulation is challenging Federal Reserve Chairwoman Janet Yellen over the central bank's commitment to avoiding future bailouts. (AP/Susan Walsh)
Economy

Liberal and conservative lawmakers press Janet Yellen on bailouts

Joseph Lawler -
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Janet Yellen’s ideas are about to be put to the test
Economy

Janet Yellen’s ideas are about to be put to the test

Joseph Lawler -
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Only about 31,000 people left the disability rolls to return to work in 2012, according to Social Security Administration data. (iStock Photo)
Economy

Social Security’s futile attempt to help disabled people go back to work

Joseph Lawler -
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Americans are increasingly willing to take on credit card debt or to take out loans to buy cars or to go to college, but they're still shying away from the biggest category of consumer credit: home loans. (iStock Photo)
Economy

Americans are borrowing more for everything except the one thing Obama wants

Joseph Lawler -
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The trust fund for the disability program will run out in late 2016, Social Security's Board of Trustees warned in late July. Without congressional action, disabled workers would immediately face a 25 percent cut in their benefits. (iStock Image)
Economy

A showdown is coming over Social Security, but it’s not about retirement

Joseph Lawler -
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Despite the alarm bells, U.S. not getting hammered financially by companies leaving
Economy

Despite the alarm bells, U.S. not getting hammered financially by companies leaving

Joseph Lawler -
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