Economic and Finance
Interest-rate derivatives are showing that investors are preparing for another round of turmoil in credit markets amid renewed concern that the U.S. will have […]
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The good news: Mortgage giant Fannie Mae is taking steps to shore up its finances. The bad news: You’re going to pay for it […]
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A massive foreclosure rescue bill cleared a key Senate test Tuesday by an overwhelming margin, with Democrats and Republicans both eager to claim election-year […]
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Livent’s former chief financial officer Maria Messina was so deeply implicated in the theatre company’s fraud after failing to immediately report it that all […]
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Single-family home prices dropped 7.7% in the first quarter in the largest year-over-year decline since the National Association of Realtors began reporting prices in […]
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The dollar’s recent rally ran into headwinds Monday as traders weighed the widening gap between the U.S. central bank’s lending rates and other rates […]
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Ambac Financial Group Inc (ABK.N: Quote, Profile, Research), a bond insurer that struggled to raise capital earlier this year, posted a surprisingly wide first-quarter […]
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A breakthrough in the deadlock over Japan’s next central bank chief is unlikely to come until just before the incumbent retires next week, the […]
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By land and by air, transportation stocks have held their own.
Propelled by airline-consolidation talks, solid railroad fundamentals and a comeback in trucking, the […]
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WASHINGTON –The economy has weakened since the start of this year as shoppers turned even more cautious given the housing slump and credit crunch.
[…]
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