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Financial Headlines From The Associated Press

  • APNewsBreak: BofA reaches $17B settlement with US
    WASHINGTON (AP) -- Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday....
  • Why Bank of America deal might not cost it $17B
    WASHINGTON (AP) -- How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much....
  • Stocks advance for third day, despite Fed minutes
    NEW YORK (AP) -- The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later....
  • Some Fed officials want to slow economic help soon
    WASHINGTON (AP) -- Some Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previously thought to slow the extraordinary support it's been providing through ultra-low interest rates....
  • Social media pushes back at militant propaganda
    BEIRUT (AP) -- The extremists of the Islamic State group have turned their social media into a theater of horror, broadcasting a stomach-turning stream of battles, bombings and beheadings to a global audience....

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