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By Martin Z. Braun |
May 13, 2013
Almost five years after Lehman Brothers Holding Inc. filed for bankruptcy, managers of the bank’s estate are demanding millions from retirement homes, colleges and hospitals.
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By Daniel Kruger and Liz Capo McCormick |
May 12, 2013
Wall Street’s biggest bond dealers are forecasting that the U.S. Treasury will reduce the size of its debt auctions in coming months.
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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.
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By Paul Cox, Bloomberg |
May 10, 2013
Pacific Investment Management Co.’s Bill Gross wrote in a message on Twitter that the 30-year bull market for bonds “likely ended” on April 29.
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By Prashant Gopal, Bloomberg |
May 9, 2013
Prices for single-family homes increased in 89 percent of U.S. cities in the first quarter as the housing market extends a recovery from a five-year slump.
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By Lisa Abramowicz, Miles Weiss and Christine Harper |
May 8, 2013
Hedge funds using debt-trading strategies are expanding at a record pace as they profit from risks big banks are no longer taking.
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By Christopher Palmeri, Bloomberg |
May 8, 2013
Walt Disney Co., the world’s largest entertainment company, said fiscal second-quarter profit rose 32%, beating analysts’ estimates as guests splurged at theme parks in California and Florida.
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By Jeff Kearns, Bloomberg |
May 7, 2013
U.S. banks urged the Federal Reserve to take the lead in defending the financial services industry from cyber attacks by working with federal counterterrorism, intelligence and law enforcement agencies, documents show.
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By Inyoung Hwang, Bloomberg |
May 6, 2013
Most U.S. stocks rose, as the Standard & Poor’s 500 Index extended its record level, following data last week that showed American employers added more workers than forecast in April.
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By John Gittelsohn, Bloomberg |
May 6, 2013
Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages like the housing crash never happened.
