Posted: 4:46 AM
Bank of America's purchase of Countrywide Financial has cost it tens of billions of dollars over the past six years. An expected $17 billion settlement with the Justice Department will increase that toll, but not by a full $17 billion.
More people applied for U.S. unemployment benefits last week, although jobless More people applied for U.S. unemployment benefits last week, although jobless claims continue to be close to pre-recession levels.
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