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Bank of America sells shares in Chinese bank
BEIJING - Bank of America Corp. raised more money Wednesday to cope with U.S. economic turmoil by selling part of its stake in China Construction Bank Ltd., China's second-biggest commercial lender, for $2.8 billion.
Nations:U.S. Activities:Global Financial Crisis Source:(AP)
2009-01-07
New filings for jobless benefits drop below 500K
WASHINGTON - The number of newly laid off workers signing up for unemployment benefits fell sharply last week but those continuing to draw aid climbed to the highest level since 1982.
People:Barack Obama Activities:2008 Global Recession Source:(AP)
2008-12-31
As hunger rises in US, so do creative ways to help
New York - With a big spike in the number of Americans heading to food banks, people who want to help are getting creative - from corporations to state governments to individuals.
Nations:U.S. People:Michael Bloomberg Activities:2008 Global Recession Source:(Christian Science Monitor)
2008-12-22
Where'd the bailout money go? Shhhh, it's a secret
WASHINGTON - It's something any bank would demand to know before handing out a loan: Where's the money going?
Nations:U.S. Netherlands People:Henry Paulson Activities:2008 U.S. Financial Rescue Source:(AP)
2008-12-22
Regulators adopt new credit card rules
WASHINGTON - Federal regulators on Thursday adopted sweeping new rules for the credit card industry that will shield consumers from increases in interest rates on existing account balances among other changes.
Activities:Global Financial Crisis
2008-12-18
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