State OK's big auto rate cut
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The Romney administration yesterday approved a steep cut in auto insurance rates for next year, dropping the statewide average premium to $899, its lowest level since 2001.
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Norwich Union, the UK's second biggest car insurer, is to put its rates up by an average of 16%.
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The first half of what is billed as the biggest tax cut in Florida's history became law Thursday with Gov. Charlie Crist's signature, but many residents may be disappointed. Their actual savings will be relatively small.
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Federal Reserve chops another half point off interest rates - to 3% - in bid to head off economic recession
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High gas prices are a tough obstacle for most businesses, and the auto parts retail business is no exception. AutoZone (NYSE: AZO), the largest of the auto parts retailers, said this morning
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Economic data released Wednesday supports decision to cut interest rates.
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Gov. Jon S. Corzine will argue that almost quadrupling highway tolls over the next 15 years could help generate as much as $38 billion to help the state pay off its debt.
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Massachusetts Electric Co. , the state's biggest utility, reached a $71 million agreement with Attorney General Thomas F. Reilly to freeze most rates through March 1 and offer all customers a monthly credit averaging 43 cents for the year after that. With the seven-year-old system of state-controlled &quot;standard offer&quot; power rates set to expire in March, the settlement pact is ...
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Election year politics result in the passing of a multi-billion dollar tax cut package. The Senate overwhelmingly approved the measure 92-3 last night.
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For the past 30 years, state insurance commissioners in Massachusetts have held a hearing each spring on whether automobile insurers should be allowed to set their own rates. Like actors following a script, the answer has always been the same: no.
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WASHINGTON Oct. 7, 2004 - Consumers cut back on their borrowing in August by the largest amount since the end of 1990 as confidence in the economy fell and energy prices surged.
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The Federal Reserve cut a key interest rate by half a percentage point today, the second rate cut in nine days, in an aggressive move to try to prevent a recession.
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Chrysler Chief Executive Bob Nardelli  said the Federal Reserve's emergency 75 basis point rate cut  would help ease consumer confidence and boost auto sales in  2008.
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The US Federal Reserve is widely expected to cut interest rates this week, maybe by 50 basis points.
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Bank of England policymakers were united in their decision to cut interest rates by a quarter-point to 5.50 percent earlier this month, according to minutes of the BoE meeting published Wednesday.
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General Motors Corp., the world&#39;s biggest carmaker, will save 500 million euros ($664 million) annually after cutting 11,500 jobs and reorganizing its European division.
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The Federal Reserve cuts US interest rates to 3.5%, a shock three-quarters of a percentage point reduction.