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  • Forty percent of U.S. professionals are thinking about quitting their jobs after the summer vacation, according to a new survey by workplace supplier Regus. They’re tired of not being promoted, bosses that don’t share company goals and being overworked, the survey found.

  • 14 months after filing for bankruptcy and taking $50 billion in government loans, General Motors reported its strongest quarter in six years.

    The person brought in to manage a turnaround - CEO Ed Whitacre - told a media conference call his work here is done.

    "We've restored profitability," said Whitacre. "We've positioned the company for success and things look good."

    On Sept. 1, Whitacre turns the reins over to GM board member Dan Akerson, a Wall Street veteran with no auto industry experience.

  • Mortgage rates sank to the lowest level in decades this week, pushed down by the weak economy and the Federal Reserve's move to help lift the recovery by purchasing government debt.

    Mortgage buyer Freddie Mac says the average rate for 30-year fixed loans this week was 4.44 percent, down from 4.49 percent last week. That's the lowest since Freddie Mac began tracking rates in 1971.

    The average rate on the 15-year fixed loan dropped to 3.92 percent, down from 3.95 percent last week and the lowest on record.

  • Stocks and interest rates tumbled Wednesday as investors around the world took a bleaker view of the U.S. economy.
    The Dow Jones industrial average fell 265 points, its biggest drop in six weeks, and all the major indexes fell more than 2%. The yield on the Treasury's 10-year note fell to its lowest level since March 2009 as investors worried about the economy and avoiding stocks sought the safety of government securities.

  • Wells Fargo was ordered Tuesday to pay $203 million to compensate customers who faced higher overdraft fees due to the bank’s practice of posting larger checks first.

    Wells Fargo said it puts through customers’ checks for larger amounts first because it’s often their more important payments covering a mortgage or auto loan. But if that payment overdraws the account, smaller checks posted afterward would bounce, with each bounced check assessed up to $35 in overdraft fees.

  • With Washington cracking down on Wall Street, banks are finding more ways to charge customers for services.

    And one type of fee that is here to stay is the ATM fee. In fact, in 2007, consumers paid more than $4 billion dollars in ATM fees, according to Bankrate.com.

    Some such fees now run as high as five-to-ten dollars.

    But there are ways to skirt them altogether, and CBS News Business and Economics correspondent Rebecca Jarvis filled viewers in about them on "The Early Show" Wednesday.

  • Consumers and businesses in Great Britain lost more than $1 million dollars so far this summer from a Trojan that is infecting their computers, prompting them to log into their bank accounts and then surreptitiously transferring money to scammers in other countries, security researchers said on Tuesday.

    About 3,000 bank accounts were found to be compromised at one financial institution, which was not identified, according to a white paper released by M86 Security.

  • See you in September -- that's the message Congress sent to small businesses looking for help in getting loans.

    Before leaving Washington for its August recess, Congress failed to complete action on legislation that would make Small Business Administration loans more available and provide community banks with up to $30 billion in cheap capital for use in making small business loans.

    Chances of the Small Business Jobs Act being enacted before September ended when the Senate failed to resolve a procedural dispute on the legislation before the House recessed July 30.

  • Legislation long sought by Democrats to save the jobs of 300,000 teachers, police and other public workers passed the Senate on Thursday.

    The 61-39 vote -- to be followed by a rush vote next week in the House -- should come in time for many school districts to revisit decisions to lay off teachers before the new school year because of severe budget troubles.

    The Senate vote was a hard-earned but partial victory for President Barack Obama and his Democratic allies.

  • Consumer borrowing fell in June for a fifth straight month as households keep cutting back on credit card use.

    The Federal Reserve says borrowing dropped at an annual rate of $1.3 billion in June. That marked the 16th drop in overall credit in the past 17 months.

    Americans backed away from swiping their credit cards for the 21st straight month. That offset a rise in the number of auto loans.

    The reduction in borrowing and efforts to by households to boost their savings have acted as a major drag on the overall economy by lowering consumer spending.