Mon, Feb 6, 2012, 12:14 PM EST - U.S. Markets close in 3 hrs 46 mins

A pair of housing units are shown for sale in San Francisco

Deal Is Closer for a U.S. Plan on Mortgage Relief

New York Times

Potential support from California and New York would come in exchange for tightening provisions in order to preserve the right to investigate past misdeeds by the banks, and stepping up oversight. More »Deal Is Closer for a U.S. Plan on Mortgage Relief

  • Redbox to Team With Verizon on Internet-Streaming Business
    Verizon, Redbox Plan Netflix Challenge Reuters

    Verizon and Coinstar's Redbox unit have formed a video joint venture to provide services aimed at competing directly against video rental giant Netflix Inc. More »Verizon, Redbox Plan Netflix Challenge

    Redbox to Team With Verizon on Internet-Streaming Business

    Verizon and Coinstar's Redbox unit have formed a video joint venture to provide services aimed at competing directly against video rental giant Netflix Inc.

  • President and CEO of the Federal Reserve Bank of St. Louis James Bullard gestures during an interview at the Federal Reserve Bank of St. Louis
    Fed Should Raise Rates in 2013: Bullard Reuters

    The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that even if rates stay near zero for many years, U.S. economic output will not bounce back to pre-recession levels. More »Fed Should Raise Rates in 2013: Bullard

    President and CEO of the Federal Reserve Bank of St. Louis James Bullard gestures during an interview at the Federal Reserve Bank of St. Louis

    The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that even if rates stay near zero for many years, U.S. economic output will not bounce back to pre-recession levels.

 
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