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Canada to work with banks to provide credit (Reuters via Yahoo! News)
The Canadian government has agreed to form a working group with the country's banks on providing credit, Finance Minister Jim Flaherty said on Tuesday.
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Credit crunch shows little sign of easing (The Christian Science Monitor via Yahoo! News)
In the aftermath of a historic lending boom, a key challenge for America in 2009 is to find the right footing on debt – allowing the credit bubble to deflate while not depriving the economy of needed fuel.
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Canada’s Flaherty Pledges to ‘Address’ Credit Access in Budget (Bloomberg)
Jan. 6 (Bloomberg) -- Canadian Finance Minister Jim Flaherty said he’s agreed to form a working group with the country’s lenders in a bid to ensure “adequate availability” of credit, pledging to “address” the issue in his Jan. 27 fiscal plan.
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Man Group Advances After Credit Suisse Raises Earnings Outlook (Bloomberg)
Jan. 6 (Bloomberg) -- Man Group Plc , the largest publicly traded hedge-fund manager, rose the most in more than three months in London trading after Credit Suisse Group raised its earnings estimate, citing gains at its largest fund.
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'Soft inquiry' won't hurt credit score (Bankrate.com via Yahoo! Finance)
Creditors who look at your credit report do not see soft inquiries, which do not damage your FICO score.
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When to claim credit for the kids (Bankrate.com via Yahoo! Finance)
The child care credit is not meant to subsidize education, but to allow parents to work, says CPA George Saenz.
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Credit Suisse Invests $164 Million to Lend in India (Update1) (Bloomberg)
Jan. 6 (Bloomberg) -- Credit Suisse Group AG, Switzerland’s second-largest bank, has put more money into its Indian finance unit to help it lend to companies and fund purchases of shares in initial public offerings.
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Ford China Finance Arm Halts Dealers Credit for Non-Ford Models (Bloomberg)
Jan. 6 (Bloomberg) -- Ford Motor Co. ’s Chinese finance arm stopped providing dealers with credit for Volvo, Mazda Motors Corp. and Jingling Motors Corp. vehicles as the automaker focuses on its main Ford brand.
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Corporate Bond Risk Falls in Europe, Credit-Default Swaps Show (Bloomberg)
Jan. 6 (Bloomberg) -- The cost of protecting European corporate bonds from default fell, according to traders of credit-default swaps.
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Police Say Credit Cards Tie Suspect to Beating (Washington Post)
Prince George's County police investigating the savage beating of an elderly man outside a College Park church on Christmas Eve found credit cards linking the suspect to the crime, according to charging documents made public yesterday.
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