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More than a year after the start of the credit crisis, financial firms seem far from fit. And that has some analysts and strategists worried that the economic recovery that most people assume is under way will be slower than expected.
Of course, some say it is normal that banks would be hurting at this part of the recovery cycle. People and companies continue to fall behind on their debt obligations long after the economy turns. While the banks' lending operations still look weak, the volume of bad loans at many...
Worse, some analysts say that even the banks' recently deflated earnings are likely stronger than they would have been without government help. Banks have been reporting that consumer credit is improving, with fewer individuals falling behind on their mortgage or credit-card bills. But programs like the government's Home...
A big printed shoe fell on Wednesday, when the New York Times partially lifted the veil on its plan to charge for access to its website. Speculation has been rife in media circles on how the nation's most influential and successful paper would go about touching what some consider...
Such carefully planned research yielded illuminating results. About 25% of family members with migraines were depressed, vs. just 12% of relatives without migraines. Correcting for the role of chance, researchers found that, overall, relatives with migraines are 1.4 times as likely to have migraine and depression together rather than migraine...