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Twenty eight banks out of 31 have passed the Fed’s annual stress test in the US. As part of the Comprehensive Capital Analysis and Review...

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US units of Deutsche Bank AG and Banco Santander SA have failed a US "stress test" designed to assess whether lenders can withstand another...

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As women are absent on American currency, “Women On 20s” group is trying to change that through a campaign aiming to see one of 15...

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The Greek stock market fell by more than 4% at its open on Tuesday, February 17, after European finance ministers failed to reach a...

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According to a new report, up to 100 banks and financial institutions worldwide have been attacked in an "unprecedented cyber robbery". Computer security company Kaspersky...

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Swiss banking giant UBS has confirmed it is being investigated by US authorities into whether it helped Americans evade taxes through investments banned in...

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According to new reports, HSBC helped wealthy clients across the world evade hundreds of millions of dollars worth of tax. Accounts from 106,000 clients in...

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The U.S. government just gave first-time homebuyers and other budget-minded house shoppers a big boost with a sweeping rule change that provides federal backing...

European vs US Forex Trading Markets

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To understand the difference between the European vs US Forex trading markets it is essential that you first understand the difference between the currency. ...

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The euro has reached a nine-year low against the US dollar as investors predicted the European Central Bank (ECB) may act to stimulate the...

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The Russian ruble went into free-fall in December 16 trading, falling repeatedly to hit record lows, despite the central bank's dramatic decision to raise...

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The Russian ruble has fallen to a new low against the US dollar, as falling oil prices and Western sanctions continue to weigh on...

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A Bank of America’s client claims that he got full access to someone else’s account because they had the same user name. After the bank...

2013 Black Friday sales dipped for the first time in seven years

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The holiday season is a time for spending. According to the National Retail Federation's (NRF) Holiday Consumer Spending Survey, the average person will spend...

Taxation Law

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Tax can be a minefield. As a small business owner, trying to get your head around the myriad of tax laws can be something...

Tax Payments: Questions & Answers

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It doesn’t matter if you own a business or work for someone else, paying taxes is an essential part of life. You cannot avoid...

Americans who rely on federal benefits will get a 1.7 percent increase in their monthly payments in 2015

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Americans who rely on federal benefits will get a 1.7% increase in their monthly payments in 2015, the US government announced on October 22. It's...

Warren Buffett lost $1.06 billion after the plunge in IBM shares

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Warren Buffett lost $1.06 billion after the plunge in IBM shares on October 20. IBM stock fell $15.05 at the open, and Warren Buffett held...

Morgan Stanley has reported an 87 percent jump in profits to $1.65 billion in Q3 2014

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Morgan Stanley has reported an 87% jump in profits to $1.65 billion in Q3 2014. Trading of currencies, commodities and bonds was a big driver...

World’s markets have staged a partial recovery after a week of precipitous falls and volatility

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World’s markets have staged a partial recovery after a week of precipitous falls and volatility. London's FTSE 100 index was up over 1% in mid-afternoon...

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As a business owner, there may come a time in your professional career that you want to sell the business. This is extremely common,...

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Being a business owner can be extremely rewarding, and it’s something that many people would like to accomplish at some point in their life....

Goldman Sachs has reported a 50 percent jump in profit in Q3 2014 after a sudden jolt in bond market activity helped boost revenues

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Goldman Sachs has reported a 50% jump in profit in Q3 2014 after a sudden jolt in bond market activity helped boost revenues. The investment...

European markets continue to tumble on amid fears of a global economic slowdown and the impact of the Ebola crisis

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European markets continue to tumble on October 16 amid fears of a global economic slowdown and the impact of the Ebola crisis. The main stock...

Asian markets opened lower after Wall Street tumbled on US economic data

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Asian markets opened lower on October 16 after Wall Street tumbled on US economic data, fuelling growth concerns. Data from the US showed retail sales...