Verizon Wireless announces $2 fee on some monthly bill payments
Linda Young – AHN News Writer New York, NY, United States (AHN) – Verizon Wireless has announced plans to charge many customers a $2 convenience fee every time they pay their monthly bill. The charge applies to any customer who pays their bill for that month by phone or online using a one-time payment on [...]
Regulators pressuring banks after Citi data breach
NEW YORK (Reuters) – Banking regulators are pressuring banks to improve their data security standards following large data breaches at banks including Citigroup Inc, a top U.S. regulator said on Thursday. View full post on All Stories
Pelosi Files Ethics Inquiry Request as Rep. Weiner Faces GOP Calls to Resign
As more women emerge describing their online dalliances with Rep. Anthony Weiner, Democratic Leader Nancy Pelosi on Tuesday formally requested the ethics committee investigate whether the New York congressman violated House rules by using “official resources” to maintain illicit online relationships. View full post on All Stories
Economic concerns sink stocks – again
NEW YORK – Stocks were lower for a fourth straight day with banks and energy companies leading the decline. Worries about a slowing economy also continued to weigh on the broader market Monday. View full post on All Stories
Dodd-Frank Act Continues to Cast Its Shadow Over Banking Recovery The Bedford Report Provides Investment Research on Bank of America & Wells Fargo
NEW YORK, NY — (Marketwire) — 06/03/11 — Nearly a year after being passed, the Dodd-Frank financial reform laws continue to cast a shadow over the Major Banking Sector. Major Banks have already begun to restructure various programs involved with and View full post on All Stories
Treasurys erase loss, dollar down after data
NEW YORK (MarketWatch) — Treasury prices erased a small loss and the dollar stayed under mild pressure on Tuesday after an index on consumer confidence unexpectedly weakened in May. The dollar index , which measures the U.S. unit against a basket of six major currencies, traded at 74.561, up from 74.525 before the data but [...]
Needed but discouraged, Mideast entrepreneurs struggle
The Media Line Staff Cairo, Egypt David Rosenberg – When Hind Wassef, a thirty-something Cairo resident, got the idea to open a boutique bookstore with three friends in 2002, the idea seemed promising. Greater Cairo counted 16 million residents, including large numbers of university-educated people. The city’s existing bookstores were dour and drab affairs that [...]
Upsets cheer Democrats, but wins might not carry into 2012
The GOP recorded losses in Jacksonville and upstate New York, but there is time to adjust before the next big election cycle. View full post on All Stories
U.S. sees most demand for 7-year notes in 3 years
NEW YORK (MarketWatch) — The Treasury Department sold $29 billion in 7-year notes on Thursday at a yield of 2.429%, the lowest since November and lower than traders expected. Bidders offered to buy 3.24 times the amount of debt sold, the highest so-called bid-to-cover ratio in at least three years and above the average of [...]
House Republicans cope with fallout
Stunned by a special election loss in upstate New York, Republicans don’t back down. View full post on All Stories
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