Disappointing June home sales and new worries about banks dragged the Dow Jones industrial average down to 283.10 points, or 2.43 percent, its worst loss in a month.

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If you think the housing bailout bill will benefit only troubled homeowners, you may miss out on a windfall.

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The growth of the city economy slowed to a crawl at the start of this year, falling below the national rate, according to a comptroller’s report.

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Disappointing June home sales and new worries about banks dragged the Dow Jones industrial average down to 283.10 points, or 2.43 percent, its worst loss in a month.

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The findings of an investigative committee suggest that questionable financial dealings identified at local Shrine temples may also plague the national organization.

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In the quarter, the company earned $945 million, or $1.33 a share, compared with $917 million, or $1.25 a share, in the period a year earlier.

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The military contractor said it earned $426 million, or $1 a share, in the quarter, down from $1.33 billion, or $2.97 a share, in the year-earlier period.

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Congress has hurled vitriol at the IntercontinentalExchange, but its founder views the business as one of the country’s “most regulated commodity exhchanges.”

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Some customers like the company’s responses to online criticism; others say it’s an eerie version of “Big Brother.”

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Disappointing June home sales and new worries about banks dragged the Dow Jones industrial average down 283.10 points, or 2.43 percent, its worst loss in a month.

Read more