Financial

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Verizon set to buy AOL in a $4.4 billion deal

In a deal valued at $4.4 billion, Verizon Communications has said they will buy AOL Inc. The deal will allow Verizon to gain access to AOL’s digital advertising content and service. The offer, which is…



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New Shell, BG megamerger largest in 20 years

Royal Dutch Shell has announced their intention to purchase BG Group for $70 billion. The deal will make Royal Dutch Shell the world’s largest independent producer of liquid natural gas. If the deal is approved…


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US economy better but not booming

During 2014, the US job market had its best gains since 1999 with economic activity hitting a high 5 percent in the third quarter, a time that proved best since 2003. Now, however, the American…


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US housing market sales surge in February

US single home sales spike to their highest levels in seven years. Despite a seemingly never-ending harsh winter, the Commerce Department reports that during the month of February, the sale of new single-family homes jumped…


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Brent crude continues to fall, below $54 a barrel

Continual concerns of rising supplies from the US and OPEC have seen Brent crude oil fall for the third straight week in a row to under $54 a barrel. Intensive efforts to finalize a deal…


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Peso depreciation will affect economic growth

Financial experts are divided on whether the depreciation of the Mexican peso is a good thing or a bad thing. For the last six months, the Mexican peso has suffered a continual decline in value….


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Herablife wins one lawsuit while second still pending

Herbalife, the maker of weight-loss and nutritional products, won the dismissal of a lawsuit. Los Angeles District Judge, Dale Fisher, dismissed the lawsuit brought on by pension holders who said Herbalife fraudulently portrayed themselves as…