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'Comps' hit as home prices sink

By Kenneth R. Harney / The Nation’s Housing Sunday, November 8, 2009 - “Appraisals have become a real hassle,” said Steve Stamets, a loan officer with 20 years’ experience at Nationwide Home Mortgage Inc. in Rockville, Md....

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Encouraging economic reports drive gains

U.S. stocks rose last week, breaking a two-week losing streak, as worker productivity, manufacturing and home-sales figures beat economists' projections and Warren E. Buffett's Berkshire Hathaway made its biggest purchase ever.

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China's new Nasdaq-style board sees wild start

BEIJING (AFP) - China's new Nasdaq-style market saw a week of wild yo-yo swings as frenzied investors sent the start-up shares to & quot;ridiculously & quot; high levels, analysts say, warning a correction is on the cards.

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Dow industrials snap losing streak to close week above 10,000

Stocks snapped a two-week losing streak Friday as a surge in General Electric nudged the Dow Jones industrial average back above 10,000, marking its first weekly close above that level since the early days of the credit crisis.

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Rajaratnam: a 'living buddha' under suspicion (AFP)

AFP – This photo taken on October 29 shows Sri Lankan W. Ariyapal (left) inside his house built by Raj Rajaratnam. … by Mel Gunasekera Mel Gunasekera – 7 mins ago RATHGAMA, Sri Lanka (AFP) – Raj Rajaratnam, a billionaire...

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Equity Markets Soar on Friday

Daily Review 5/11/2009 USD Dollar (USD) – With continues rally in stocks the Dollar weakened as investors wait for today's payrolls data. Weekly Jobless Claims showed the labor market has enhanced slightly, to 512K vs. 520K...

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Personal Finance: Losses, not taxes, should be concern in futures trading

Question: I've started trading futures and currencies. But if the person was concerned about the stocks plunging while waiting for a smaller long-term capital gains tax, Sheridan said, the investor might use futures to hedge...

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Charles Schwab opens door to free trading

Charles Schwab this past week launched the first lob in what could be a lucrative race for investors. The brokerage launched several exchange-traded funds that its clients can buy and sell online with zero commission. "This...

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Charles A. Jaffe: New rule will change the way funds are sold

Congress didn't actually vote to end the confusion over mutual fund share classes last week, but it took a step that ultimately could go a long way to simplifying how investors buy and sell fund shares.

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Doors closed for many seeking home equity lines

Traditional 30-year mortgages are unusually affordable by historical standards, but if you're looking for a home equity line of credit, don't expect any deals. The market for such credit lines, which practically shut down as...

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