IMF: No Cash Now for Greece in Absence of Debt Relief

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A senior International Monetary Fund official said it can’t help Europe with fresh emergency financing for Greece because Athens’s creditors haven’t yet committed to detailed debt relief.

Fed Survey Finds Improvement in Household Finances

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Most Americans reported their household finances mildly improved last year, but nearly half said they would struggle to cover a $400 expense in an emergency.

Greece and Europe: Why the Deal Is Good Enough for Now

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The Eurogroup deal with Greece at least puts relations on a more normal footing, although it doesn’t provide a long-term solution.

Marks and Spencer's New Strategy: Don't Expect Early Delivery

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Britain’s largest clothing retailer may need more than a return to retail basics to reverse its multi-year decline.

UniCredit Needs to Solve its Crisis of Confidence

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Italian bank ousts Chief Executive Federico Ghizzoni but faces a struggle to plug its capital shortage.

Auto, Mortgage Delinquencies Rise in Energy Regions

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The New York Fed’s quarterly report on household debt and credit found rising auto and mortgage delinquencies in the U.S. counties that had the highest employment in the oil and gas industry, even as the national picture continues its gradual improvement.

The Libor Mess: How It Will Hit Bank Profits

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The threat of big settlements in Libor litigation may weigh on the earnings of J.P. Morgan, Citigroup and Bank of America.

Is a Higher-Yielding Bond Worth the Risk?

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Financial advisers and other investors need to be careful in evaluating seemingly sweet offerings, columnist Allan Roth says.

Say What? Kudos for Sitting 'Within Punching Distance' in a Tough Market

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This financial adviser took heart from what a client told him during the 2007-09 bear market.

Credit-Card Debt Nears $1 Trillion as Banks Push Plastic

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Consumers are starting to rack up credit-card debt again, with balances nearing levels last seen before the financial crisis, as banks promote the cards and borrowers grow more comfortable carrying debt.

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