Tag Archives: billion

Federal Budget Deficit Totals $192.3 Billion in February

Filed under: Economic Indicators, GDP, Government Spending, Treasury, This Built America Ted S. Warren/APTreasury Secretary Jacob Lew By MARTIN CRUTSINGER WASHINGTON — The federal government ran a slightly smaller deficit in February than a year ago but the imbalance through the first five months of the budget year is still running ahead of last year. The Treasury Department reported Thursday ...

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Apple sets U.S. record with market value above $700 billion

Business February 11, 2015 7:25 AMBy THE ASSOCIATED PRESS Apple has set a record on Wall Street: It’s the first U.S. company to be worth more than $ 700 billion based on the value of its stock at the close of trading Tuesday. Photo Credit: Getty Images advertisement | advertise on newsday advertisement | advertise on newsday Apple has set ...

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Ebola epidemic could cost Africa $33 billion, says World Bank

Matt BradwellWASHINGTON, Oct. 8 (UPI) — The World Bank warned the economic impact of Ebola could cost up to $ 33 billion and leave worse lasting damages if world leaders fail to respond to the crisis. Top News – UPI.com

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Consumer Borrowing Rose $13.5 Billion in August

Filed under: Credit, Credit Cards, Economic Indicators, Federal Reserve Gene J. Puskar/AP By MARTIN CRUTSINGER WASHINGTON — U.S. consumers increased their borrowing in August in the category that covers auto loans and student loans but cut back on their credit card borrowing. Overall borrowing rose $ 13.5 billion in August following a revised $ 21.6 billion increase in July, the ...

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JPMorgan Chase Agrees to Pay $4.5 Billion Over Bad Mortgage-Backed Securities

Filed under: Mortgages, Real Estate, Banks, Investment Fraud, Securities Alamy By Karen Freifeld NEW YORK — JPMorgan Chase & Co (JPM) said on Friday it agreed to pay $ 4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the U.S. housing market. The bank reached the agreement with 21 institutional investors in ...

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Twitter Raises IPO Value to $13.6 billion

Twitter Inc. will begin trading on the New York Stock Exchange on Thursday morning after setting a price for its IPO sometime Wednesday evening. Twitter responded to excitement about its initial public offering of stock by raising its range of stock prices and its valuation to upwards of $ 13.6 billion on Monday from its prior value of $ 11 ...

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