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Allan Powell: The feminine touch in finance
One can but admire a woman brave enough to pick a professional career in which she will be surrounded and greeted with patronizing glances from self-assured males. This was the call made by Sheila Bair, who was appointed Chairman of the FDIC (Federal...Tags: Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, George W. Bush, Economy, Business and Finance, Investments
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Stocks surge to new highs after hiring climbs
After weeks of conflicting signals about the strength of the economy, a big gain in the jobs market gave Wall Street reason to celebrate Friday. The stock market surged, traders donned party hats, and the wave of buying drove three indexes through major...
Tags: Quarterly or Semiannual Financial Statements, Financial Markets, HIV, Economy, Business and Finance, General Electric Company
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Allan Powell: Are corporations really like a person?
What kind of person do we have? This question is raised when someone is asking another person to seriously judge the conduct of an acquaintance who has stepped over the line of propriety or failed to carry out a duty. The delinquent is assumed to...Tags: Syracuse University, The Wall Street Journal, Pulitzer Prize Awards, Milton Friedman, Entertainment Events
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Dow surges to record high and keeps going
Dow surges to record ... and keeps going AP Photo NYML110, NYML105, NYML107, NYML108 Eds: Updates throughout. With AP Photos. By STEVE ROTHWELL AP Business Writer NEW YORK (AP) — The Dow closed at an all-time high Tuesday, beating the previous...
Tags: House Building, United Technologies Corporation, Financial Markets, Economy, Business and Finance, Central Bank
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Dow surges a second day, closes in on record
The Dow came within 100 points of its all-time high Wednesday after rising sharply for a second straight day. The market surged following more evidence that the Fed will keep interest rates low, housing will keep recovering and shoppers aren’t...
Tags: Ben Bernanke, Credit Ratings, Financial Markets, Dollar General Corporation, Family Dollar Stores Incorporated
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Foreclosure victims might reap windfall
arnoldp@herald-mail.comNancy Shulley received a letter about a year ago that she thought might be junk mail, but, just in case, she put it in a desk drawer and eventually sent a reply. Good thing she did. Now, the Hagerstown woman’s letter might be the ticket to her...Tags: House Building, Human Interest, Economy, Business and Finance, JPMorgan Chase & Co., Citigroup Incorporated
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U.S. consumer debt rises on more car, school loans
U.S. consumers borrowed more in November to buy cars and attend school, but stayed cautious with their credit cards. The Federal Reserve said Tuesday that consumers increased their borrowing in November by $16 billion from October to a seasonally...Tags: Services and Shopping, Consumers, Hurricane Sandy (2012), Vehicles, Credit and Debt
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Mail Call - Dec. 18
“Anybody that gets the AARP bulletin should look at page 38. The U.S. Bureau of Census in 2011 released the household median incomes in America. That’s counting D.C. and Puerto Rico. Puerto Rico is the least median income, it’s 18,660....Tags: Personal Income
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Orrstown Financial Services reduces troubled assets
kaustuv.basu@herald-mail.comOrrstown Financial Services, the Shippensburg, Pa.-based parent company of Orrstown Bank, has announced that it has completed sale of distressed loans worth $45.6 million, reducing its troubled assets by 61 percent this year. The bank, which has offices...Tags: Economy, Business and Finance, Finance, Philadelphia (Philadelphia, Pennsylvania), Loans, Financial and Business Services
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Falling food, gas costs lower U.S. wholesale prices
AP Economics WriterU.S. wholesale prices fell for the third month in a row last month, pushed down by falling food and gas costs. The drop is the latest evidence inflation is tame. The producer price index dropped 0.2 percent in December, the Labor Department said Tuesday....Tags: Inflation and Deflation, Consumers, Labor Markets, Money and Monetary Policy, AAA
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Solid job growth expected in Eastern Panhandle
trishr@herald-mail.comThe economic forecast for Berkeley, Jefferson and Morgan counties is that slow but solid job growth is ahead for the Eastern Panhandle, according to the West Virginia University College of Business and Economics. “We expect a continued recovery...Tags: Employment Opportunities, Fairfax (Fairfax, Virginia), Colleges and Universities, Employment, West Virginia University
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Mail Call - Oct. 24
“Mitt Romney says his highest priority is jobs. If so, why did he oppose the bailout of the auto industry? And why is his money invested offshore?” — Chambersburg, Pa. “I would just like to say I’m amazed at the reporter who...Tags: Joe Biden, Democratic Party, China, Republican Party, Waynesboro (Waynesboro, Virginia)
May 10, 2013
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May 3, 2013
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Apr 12, 2013
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Mar 5, 2013
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Feb 27, 2013
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Jan 12, 2013
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Jan 8, 2013
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Dec 17, 2012
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Dec 26, 2012
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Jan 15, 2013
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Nov 27, 2012
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Oct 23, 2012
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