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• Debit card fee fight returns to Congress

  Reuters – Thu Feb 17, 12:17 am ET

  WASHINGTON/NEW YORK (Reuters) – Visa and banks will press lawmakers on Thursday for relief from a proposed slashing of debit card processing fees, an issue that has attracted bipartisan support for softening the impact of part of the Dodd-Frank financial law. Full Story »

• A strong ECB president can make a difference

  Reuters – 17 mins ago

  FRANKFURT (Reuters) – When arch-hawk Axel Weber withdrew last week from the contest to head the European Central Bank, the euro and bond yields dipped — a sign of how crucial markets think the ECB’s president may be in shaping its policy. Full Story »

• 5 Things Investors Should Know About Mutual Funds

  U.S. News & World Report – Wed Feb 16, 10:00 am ET

  Mutual funds are one of the best ways to invest in the stock market. They are diversified, easy to trade, and come in virtually every size imaginable. But, there are factors you need to understand before you invest with this vehicle. Here are five things to consider before investing: Full Story »

• Some Fed members talked about cutting bond program

  AP – Wed Feb 16, 4:44 pm ET

  WASHINGTON – Some Federal Reserve officials last month raised the possibility of scaling back the Fed’s $600 billion Treasury bond purchase program out of fear that a strengthening economy could spur high inflation. Full Story »



• Nestle makes $35.8B profit in 2010 on Alcon sale

  AP – 2 mins ago

  AP

  VEVEY, Switzerland – Swiss food and drinks giant Nestle SA boasted a full-year net profit of 34.23 billion Swiss francs ($35.8 billion) Thursday, inflated by the sale of its stake in eye car company Alcon that added 24.5 billion francs net to its balance sheet. Full Story »

• Greek minister heightens row with EU, IMF

  AFP – Wed Feb 16, 3:17 pm ET

  AFP/File

  ATHENS (AFP) – Greek Finance Minister George Papaconstantinou accused the EU and IMF Wednesday of exceeding their role in calling for massive privatisation to boost the country’s coffers, while not ruling out such a move. Full Story »

• U.S. close to punishing banks over foreclosures

  Reuters – Wed Feb 16, 11:40 pm ET

  WASHINGTON (Reuters) – U.S. bank regulators are finalizing punishments against mortgage servicers after a probe found “critical deficiencies” with the industry’s foreclosure processes. Full Story »