Topic: The PNC Financial Services Group Inc.
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Typical CEO made $9.6 million last year
The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press. The typical American worker would have to labor for 244 years to make what the typical boss of a big public company makes in one.
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Stock market takes a dive, ending 2012 rally
Stock market suffered its biggest losses of the year Tuesday amid worries about the global economy and Greece. The Dow fell 203 points to close at at 12759 in its biggest drop since November.
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Strong housing report boosts stocks
The Dow and the S&P 500 had their highset closing numbers since July, propelled by a surprisingly strong report on the housing market and the possibility of more money for the International Monetary Fund. The Dow rose 96 points to close at 12578, and the S&P gained 14 points to end the day at 1308.
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Stocks fall, ending a four day rally
The Dow lost 119.96 points to close at 11,493.57. The S&P fell 14.47 points to end the day at 1,204.42, and the Nasdaq fell 33.42 points to 2, 546.04
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Eurozone debt: Grave threat to US economy or imaginary boogeyman?
Under grimmest scenario, debt-burdened Greece, Ireland, Italy, and Spain can't pay what they owe to Eurozone banks, which then stumble, causing US banks to falter, too. But US banking system is stronger now, and regulators are more vigilant, say optimists.
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Stocks close at session highs on earnings
Technology stocks rallied, and the blue-chip index reached a high of nearly three years
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GE earnings: one of five things to watch April 21
GE earnings to get plenty of scrutiny after Japan nuclear fallout, tax stories. Dozens of high-profile companies will report earnings Thursday.
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Stocks end slightly up after wavering
Dow gains 7 points after Obama's deficit speech. Stocks on the S&P up less than 1 point.
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Stocks close off lows hit after earthquake
Stocks fell initially on Japan's latest earthquake, but recovered some of their losses. The Dow average dropped 17 points; the S&P 500 index fell 2 points.
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Debit-card rewards: beginning of the end?
Debit-card rewards are being trimmed as banks contemplate loss of revenue from new federal legislation. Will debit-card rewards disappear completely?
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Japan nuclear crisis rocks Dow; uncertainty clouds stocks' future
After plunging at the opening Tuesday, the Dow Industrial Average regains some ground. But uncertainty over the Japan nuclear crisis could weigh on the economy, and markets, for some time.
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Can Warren Buffett and Bill Gates save the world?
How the Giving Pledge, Bill Gates and Warren Buffett's quest to get billionaires to donate half their wealth to charity, will impact philanthropy and the world's needy.
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Bernanke: Regulators looking into foreclosure mess
Bernanke says Fed should have preliminary report next month about whether mortgage lenders broke rules in foreclosing on homeowners.
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Bank of America will restart foreclosures despite accusations of flawed documents
Bank of America will resume home foreclosures in 23 states despite claims that documents used in the process were flawed.
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Layoffs are back in the discussion about US economy
Layoffs are once again on the rise across the country, not good news for an economy that's moving in fits and starts.
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US economy expands in first quarter, as consumers spend more
GDP grew by 3.2 percent in the first quarter, indicating improvement in the US economy. Consumer spending rose by 3.6 percent.
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Robert Reich
This recovery is a sham
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Vancouver Olympics: When sports success is family affair
Parents of athletes at the Vancouver Olympics spoke to the Monitor about treading that fine line between encouraging performance and demanding it of their exceptionally talented offspring.
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G-20 nears agreement on 'peer review' of economies
The apparent aim of such critiques is to try to prevent the economies of individual countries from becoming unstable pillars.
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G20 as world's top economic body? Doubts abound.
An expansive governing role for the G20, discussed Thursday by Britain's Gordon Brown, isn't passing the sniff test for many economists.
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Home prices keep falling, but sales revive as buyers bargain shop
More properties went on the market in April. Anxious sellers – including banks – boosted the inventory of unsold homes to 10.2 months' worth.
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Four big banks need more capital to weather recession, US finds
'Stress tests' reveal that banks need to raise more than $65 billion to be able to keep lending if the recession drags on.
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US states step up efforts to help jobless
Armed with federal funds, governors have announced new programs ranging from gas vouchers to job training.
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US unemployment highest since 1983
Some 4.4 million jobs have disappeared since the recession began in 2007.
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Axed by a big business? Start your own.
Unemployed seek fulfillment in new careers from pet care to finding jobs for moms.








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