International Desk

Household debts surge as American households purchase homes and cars

Federal Reserve Bank of New York reports that American households rushed to buy homes and cars last year, culminating in a surge in total household debt by $1 trillion. This is the biggest such inc...

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Credit Suisse faces charges in Money-Laundering Case

Zurich - Swiss prosecutors are pursuing around 42.4 million Swiss francs ($45.5 million) in compensation from Credit Suisse in a money-laundering trial due to begin on Feb. 7, the Swiss Federal Cri...

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