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Don't call it a comeback. Interest-only mortgages got a bad reputation in the aftermath of the housing bust, but they've managed to stick around as an option for homebuyers who can meet stricter lending guidelines enacted by the government in … more
BEIJING (AP) - With the Chinese stock market turmoil that incited global panic abated - at least for now - here are some questions and answers about it, as well as lessons to learn: WHY DID THE CHINESE STOCK MARKET PLUNGE SO MUCH? China's main … more
U.S. stocks moved higher in early trading Wednesday after slumping for six straight days amid concern about a slowing Chinese economy. Investors were also following the latest corporate deal and … more
As of Monday, Aug. 24, there will be a new bank in the Sumter market, but it is one that many South Carolinians are probably already familiar with. Sumterites will find that in the morning, the Bank of America branches at 1141 Broad St. and 670 … more
THE ASSOCIATED PRESS A line of children's nightlights that can pose an electrical shock hazard are among this week's recalled consumer products. Others include faulty table saws and women's sandals. Here's a more detailed … more
SAN FRANCISCO (AP) — Netflix is getting jeered for excluding the employees in its DVD-by-mail service from a recently introduced benefit that gives up to a year of paid leave to most of its workers … more
NEW YORK (AP) — Target raised its annual profit outlook as the discounter's efforts to spruce up fashions and other merchandise are resonating with shoppers. The rosier forecast, delivered … more
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NEW YORK - These Wheaties may not be so good with milk. Wheaties says it is partnering with a craft brewery to create a limited-edition beer. The 16-ounce cans will only be available in the Minneapolis-St. Paul market starting Aug. 26, according … more
WASHINGTON (AP) - The slide continues. China's currency fell further last week, keeping global investors on edge. The currency's nosedive is giving investors plenty to worry about: - The risk the Chinese economy, the world's second-biggest, is … more
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