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2 hours ago

Former AIG CEO Robert Benmosche dies of cancer at 70

NEW YORK (AP) — Former AIG President and CEO Robert Benmosche, who led the insurer’s turnaround after its $182 billion government bailout, has died of lung cancer at age 70, the company announced Friday….

KDWN

2 hours ago

Yellen meets with conservative groups unhappy with Fed

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen met Friday with a group of conservative activists who are unhappy with the way the central bank is conducting its interest-rate policies….

KDWN

2 hours ago

5 reasons US economy is stronger than Q4 GDP suggests

WASHINGTON (AP) — The U.S. economy grew at a modest annual rate of 2.2 percent in the fourth quarter, less than half the third quarter’s torrid 5 percent rate and weaker than the government first reported….

KDWN

2 hours ago

How the Dow Jones industrial average fared on Friday

U.S. stocks closed lower on Friday following news that U.S. economic growth slowed more sharply than previously estimated in the final three months of 2014. The major stock indexes still notched gains for the month, recovering after a sluggish start to the year….

KDWN

2 hours ago

J.C. Penney and Gap are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:…

KDWN

1 hour ago

Former AIG CEO Robert Benmosche dies of cancer at 70

NEW YORK (AP) — Former AIG President and CEO Robert Benmosche, who led the insurer’s turnaround after its $182 billion government bailout, has died of lung cancer at age 70, the company announced Friday….

KDWN

1 hour ago

How the Dow Jones industrial average fared on Friday

U.S. stocks closed lower on Friday following news that U.S. economic growth slowed more sharply than previously estimated in the final three months of 2014. The major stock indexes still notched gains for the month, recovering after a sluggish start to the year….

KDWN

1 hour ago

J.C. Penney and Gap are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:…

KDWN

1 hour ago

Yellen meets with conservative groups unhappy with Fed

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen met Friday with a group of conservative activists who are unhappy with the way the central bank is conducting its interest-rate policies….

KDWN

1 hour ago

5 reasons US economy is stronger than Q4 GDP suggests

WASHINGTON (AP) — The U.S. economy grew at a modest annual rate of 2.2 percent in the fourth quarter, less than half the third quarter’s torrid 5 percent rate and weaker than the government first reported….