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Bailout Will Help Greece Meet Bond Obligations

With every announcement that Europe has finally dealt with its debt crisis there is a sigh of relief — and then reality sets in. There is a lot of skepticism this time because the Greek economy needs to start growing in order for it to make debt payments. And so far all the signs point toward a continuing contraction.

New Consumer Agency Eyes Bank Overdraft Fees

The Consumer Financial Protection Bureau says it's looking to overhaul rules on overdraft fees. New limits on those fees could cause banks to raise other fees, but such moves have met resistance from consumers.
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Northern Virginia Property Values Show Second Year Of Growth

While real estate in much of the country continues to remain stagnant, property values in Northern Virginia are back in the black for the second year running.


Buoyed By Greek Bailout, DOW Hits Milestone

The Dow Jones Industrial Average crossed the 13,000 mark for the first time in nearly four years on Tuesday. The market has been rallying on a spate of good news about the economy and the absence of anything really bad.

Some Greeks Wary Of Bailout Deal, Dread Austerity

European leaders saved Greece from a messy default — and a possible exit from the Eurozone — by finalizing a second bailout, with loans amounting to around $170 million. Greek politicians are celebrating for now, but most Greeks are filled with dread. They fear the new austerity measures will drag out the recession — which is in its fifth year — and continue to push up unemployment, which is already more than 21 percent overall.