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Banking, Economy

Not Good! “Former TARP watchdog: ‘No question’ that banks will need another bailout”

“A key figure in the financial crisis is not convinced that the U.S. government has fixed its “too big to fail” problem… Barofsky told Yahoo Finance that the largest banks have only gotten larger and more interconnected than they were… Continue Reading…

Economy

“US: Housing market appears poised for a modest rebound – Wells Fargo”

“Following December’s plunge, housing starts rebounded 18.6% in January, mostly the result of a surge in single-family starts, explained analysts at Wells Fargo. They point out “residential building should continue to improve as permits run ahead of starts”… “Despite recent… Continue Reading…

Economy

Economy: 20,000 jobs in February, wages up, Low unemployment

“The economy gained a meager 20,000 jobs in February, falling far short of analyst expectations of 185,000 and indicating that the nation’s 10-year economic expansion has potentially hit a speed bump. Despite the stalled job growth, the rest of the… Continue Reading…

Business, Investing, Stocks

“U.S. SEC to review stock trading rules in big potential shakeup”

“The U.S. Securities and Exchange Commission is launching a review of the main set of rules governing stock trading, opening the door to the biggest potential changes in a decade-and-a-half, the head of the agency said on Friday. The possible… Continue Reading…