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Mother of the Financial Crisis Dumped

For years Blythe Masters, the head of JP Morgan Chase commodities division has held the distinction of being the mother of the financial crisis. However, major changes are coming as the nation’s largest bank sells off its commodities unit to Mercuria Energy Group for $3.5 billion. The highly anticipated sale rids JP Morgan of its […]

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Payday Lenders Gross $45 Billion

Payday lenders are in the cross-hairs of the Consumer Financial Protection Bureau (CFPB), the new federal agency set up to regulate the financial industry. An investigation of the industry by the agency determined payday loans marketed as unsecured cash advances, installment loans and simple loans can trap borrowers in an endless cycle of debt. The CFPB […]

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Food Prices Jump 21%

Food prices have jumped as much as 21% on meat and pork in the last year, according to a U.S. government report. The spiraling cost of steaks, and other meats are limiting consumer food selections and forcing many to opt for lower priced hamburger and chicken. The big increases in farm prices are sharply higher […]

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10 Best Dividend Stocks in 2014

The best dividend stocks make investors money in two ways, dividend payments and increasing stock prices. Some stocks are worth owning solely because they pay good dividends, including some of the world’s biggest energy, service and tech stocks in the current Bull Market. A dividend is usually calculated as a percentage of the share price […]

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Higher Movie Prices Slow Box Office

Theater box office receipts jumped last year as higher movie prices made up for a decline in movie goers, reaching almost $36 billion worldwide, according to the Motion Picture Association of America. U.S. and Canada ticket sales hit $10.9 billion alone, up 3% from five years ago. The increase is due to a hike in […]

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Recalls Trouble Auto Industry

Thanks to recalls and fallout of the U.S. government bailout of GM, the auto industry is in chaos. The biggest trouble facing automakers is a massive number of recalls. More than 4.8 million vehicles have been recalled by GM alone since the start of its latest problems. GM announced the latest in a series of massive […]

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Growing Drone Threat Delivers

Drones can be controlled manually on the ground or pre-programmed to run on their own to fly in the air like small airplanes. They’re currently used for bombing attacks in Pakistan by the U.S. military and for entertainment. The FAA has approved development and testing for viability in commercial use in six states, Alaska, Nevada, […]

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