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Lending Helps JPMorgan, but 4th Quarter Was Soft

Wall Street, more than three years after the financial crisis, has loosened its lending tap. Consumers, however, have yet to reap the benefits. Results announced on Friday by the nation’s strongest and biggest bank by assets, JPMorgan Chase, point to a

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U.S. Trade Deficit and Consumer Sentiment Rise

The United States trade deficit widened in November to its largest point in five months, prompting some economists to slightly rein in growth expectations for the fourth quarter. A separate survey released on Friday showed that consumer sentiment hit an

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Big Banks: Cure or Curse for the Global Economy?

Friday 27 January 2012, CFI with report from the World Economic Forum in Davos, Switzerland with anchor Bloomberg Television Key Points Banking reforms are still a work in progress – there is still a long way to go before the global

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