People Over 50 Carrying More Debt Than in the Past

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Americans in their 50s, 60s and 70s are carrying unprecedented amounts of debt, a shift that reflects both the aging of the baby boomer generation and their greater likelihood of retaining debt than previous generations.

BAE Poised to Name Woodburn Operating Chief

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BAE Systems is poised to name oil industry executive Charles Woodburn as chief operating officer, putting him in line to eventually replace Chief Executive Ian King.

Some U.S. Banks Face Potential Fines as Libor Probe Ends

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American banks have so far escaped the billions of dollars in fines that have been levied by U.S. and British regulators leading a global seven-year probe into interest-rate rigging. That is likely to change.

Consumers Power Past Headwinds

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U.S. consumers showed signs of strength in January, taking advantage of low oil prices to increase their spending and offering a welcome counterpoint to the gloom that has gripped investors and roiled markets since the start of the year.

Consumers Power Past Headwinds

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U.S. consumers showed signs of strength in January, taking advantage of low oil prices to increase their spending and offering a welcome counterpoint to the gloom that has gripped investors and roiled markets since the start of the year.

Why Kuroda's 'Bazooka' May Be Out of Ammunition

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The introduction of negative interest rates by the Bank of Japan’s Haruhiko Kuroda has done little to jolt the Japanese economy. Now, he may be running out of options.

Investors and the Death of Mining Dividends

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The case for putting money in mining has changed. Once pricey stocks promising juicy dividends, mining companies now offer little or no dividend. But they do have one advantage: they’re cheap.

BOE Eyes Ways to Open Cash Facilities to Islamic Banks

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The Bank of England said it is looking at ways to open its cash facilities to Islamic banks, a move that would make it the first of the world’s major central banks to offer such a service.

U.S. Stocks Stage Strong Rally, But End Week in the Red

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Major stock indexes posted weekly losses, putting a damper on a rally Friday in recently battered commodities and banking shares. The Dow Jones Industrials gained 313 points yet finished the week down 1.4%.

U.S. Air Carriers to Begin Competing for Cuba Flights

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U.S. air carriers will begin competing for routes and airport slots for travel to Cuba on Tuesday when an agreement takes effect to restore normal commercial air service between the two countries.

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