10-26-2016  8:03 pm      •     
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Country is still in the midst of trying to negotiate better terms for its bailout

NEW YORK (CNNMoney) -- Cypriot finance minister Michael Sarris resigned Tuesday, just days after the country accepted a 10 billion euro bailout to stave off a disorderly banking collapse.



Business seeks to promote authentic African clothing, natural beauty products and cooperative economics

She says the key to the success of her family business, Fashion & Natural Beauty, has been the outpouring of support from those in the NE Portland community and the gratitude her family has shown in return.



Deposits above 100,000 euros have been frozen at both of the country's biggest banks

LONDON (CNNMoney) -- Banks in Cyprus opened their doors Thursday for the first time in nearly two weeks with strict controls on the amount of cash people can withdraw as authorities tried to prevent money draining out of the economy following a bailout by the European Union.



Investment in non-residential buildings grew at a 16.7 percent annual rate

NEW YORK (CNNMoney) -- U.S. economic growth was weak at the end of last year but better than previously thought, according to the government's third and final report on the fourth quarter.



Upcoming furloughs mean a 20 percent pay cut for thousands of federal workers

WASHINGTON (CNNMoney) -- Upcoming furloughs mean a 20% pay cut for thousands of federal workers -- and some tough budgeting choices. For many, student loan payments will be the first to go.



Small businesses are asking why hire American if others can do it for less?

NEW YORK (CNNMoney) -- Why hire American if others can do it for less? Corporate giants have been asking that question for years, but now many small businesses are too.



Last year, new federal rules were put in place that require plan providers to be more transparent

NEW YORK (CNNMoney) -- Some U.S. workers are losing out on more than $100,000 in retirement savings thanks to 401(k) fees.



Tiny island had allowed banking industry to grow to about seven times the size of the economy

LONDON (CNNMoney) -- Cyprus' banks will remain shut until Thursday to give regulators time to guard against a run on deposits, the Ministry of Finance announced Monday.



The typical price of a new home sold in the month was $246,800

NEW YORK (CNNMoney) -- Home prices continued their recovery, rising 8.1% in January, although a separate report showed a slight slowdown in new-home sales.



Event highlights legacy and continuing mission of Black publishers

Publishers and journalists from around the country headed to Washington, D.C. March 13, as the National Newspaper Publishers Association Foundation celebrated its annual Black Press Week.


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