Erin Andrews awarded $55 million in civil case over video

After an emotional trial centered on videos secretly taken of Erin Andrews, a Nashville jury on Monday awarded the television broadcaster $55 million, to be paid by her stalker, a

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Service sector growth slows in September as orders plunge

Growth in the U.S. services sector slowed in September as sales fell and new orders plunged, evidence that stock market volatility may have hit consumer confidence and limited spending. The

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What higher interest rates mean for consumers

As the U.S. Federal Reserve convenes Wednesday and Thursday  for a crucial policy meeting, everyone has been wondering whether the central bank will finally begin the process of raising key

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Fed rate hike likely to modestly temper growth

A Federal Reserve interest rate hike Thursday could shake markets but is likely to cause just a ripple in the solidly growing economy, analysts say. And some economists say rates

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Shell to cut 6,500 jobs as cheap oil hurts profits

Royal Dutch Shell (RDS.A) said Thursday that it will cut about 6,500 jobs and capital investment this year as it restructures and dumps some businesses to prepare for a “prolonged

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Stocks cut early losses, turn mixed

Stocks cut early losses and were trading mixed at midday Thursday as investors digested a batch of mixed corporate earnings and a report of slightly lower than expected but decent

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Economy bounces back: GDP grows 2.3% in second quarter

The U.S. economy bounced back in the second quarter on stronger consumer spending, exports and home construction, and its performance in the first quarter wasn’t as feeble as initially believed.

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Economy Shrank in the First Quarter

Last fall when the dollar was soaring on global currency markets, it seemed only a matter of time before it started to increase the United States trade deficit and dampen

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Regions Bank fined $7.5M for overdraft fees

Regions Bank will pay a $7.5 million fine for improperly charging overdraft fees to hundreds of thousands of customers, a federal regulator said Tuesday. The Alabama-based bank with branches and

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IBM earnings: $2.91 per share adjusted vs expected EPS of $2.80

IBM reported first-quarter adjusted earnings per share that topped Wall Street expectations, but revenue fell just short of estimates on Monday. The technology company posted earnings of $2.91 per share,

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