Blog Dough Money

Putting money into an FDIC-insured certificate of deposit called a brokered CD could seem like a no-brainer. It’s insured after all, right? But some savers found unsettling hurdles with brokered CDs issued through one distressed Arkansas bank that brought in money from savers nationwide.
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While most attention has been focused recently on faltering credit and housing markets, the federal student-loan market received a fairly quiet bailout. College loans will still be widely available, although with greater scrutiny paid to credit records. Much of the turmoil has occurred because the student-debt market was chilled by securitization issues in much the […]

So, for at least the third time now, Floyd “Money” Mayweather has decided to call it a career. The welterweight champ and pound-for-pound king has made retirement vows before, but apparently this time he’s super-duper serious about it.
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June 9 (Bloomberg) — Strains in money markets will probably stay “severe well into the future” as banks struggle to raise cash and credit-market losses deepen, according to the Bank for International Settlements.
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Convening in St. Petersburg, big Western companies sent the message that they may be worried about the political environment in Russia, but that they are there to stay.
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College students are constantly bombarded by credit card companies. From the hundreds of “You Are Approved” letters that come in the mail to free product giveaways for credit card applicants, there are many opportunities for students to indulge in a little plastic money.
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Vancouver and Clark County are hungrily eyeing the same pot of state money to boost economic development. Last year, Vancouver had a legislatively designated slot to tap as much as $12.5 million…
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Nebraska State Treasurer Shane Osborn says he’s on track to break the record for the most money returned in a single year.
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