- Judge lets GM off the hook for $450M in retiree benefits
In a defeat for the United Auto Workers union, the carmaker will not have to cover medical benefits for retirees under a contract established before the company went bankrupt.
- Stocks fall as budget deal sets off taper worry
- Cramer: What's really driving the oil market?
- US finances improve as budget deficit shrinks
- House GOP signals its support for budget pact
- Poll shows strong opposition to in-flight calls
- Canadian postal service to end home delivery
- Royal Bank of Scotland to pay $100M in US probe
- US gun demand wanes with fears of restrictions
- Farm bill proposes new tax on Christmas trees
- Liquor sellers experiment with exclusive booze
- 7 tax moves investors should make before 2014
- Looking ahead: 10 best stocks under $20 for 2014
Lots of people have horror stories about the tactics used by private lending companies. Here are some ways they make an already contentious issue even more so.
- Wall St. falls as budget deal sets off Fed taper worry12:59 PM ET | Reuters
- JPMorgan's Dimon upbeat about budget deal, economy1:48 PM ET | Reuters
- Key witness against SAC's Steinberg finishes testimony2:23 PM ET | Reuters
- Peugeot board approves outline Dongfeng deal: source2:11 PM ET | Reuters
- Higher operating expenses pinch Costco profit1:45 PM ET | Reuters
- GM doesn't owe $450 million in retiree benefits, U.S. judge rules12:08 PM ET | Reuters
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- 74 %Yes. It has to end eventually.
- No. The markets are still addicted to it.
MORE MARKET NEWS
[BRIEFING.COM] The S&P 500 continues trading near its session-low as today's downtrend persists. Meanwhile, the Nasdaq (-1.1%), which traded ahead of the broader market earlier, now trails the S&P 500.
With regard to individual sectors, five of ten groups register losses of 1.0% or more. On the upside, the consumer staples sector (+0.6%) sits at its best level of the session.
Treasuries have continued their afternoon retreat that began following today's ... More
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