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By Lorraine Woellert, Bloomberg |
May 22, 2013
Sales of previously owned U.S. homes rose in April to the highest level in more than three years as housing continued to gain momentum.
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By Dawn Kopecki and Hugh Son |
May 21, 2013
JPMorgan Chase & Co. CEO Jamie Dimon survives a push to divide the roles after the biggest U.S. bank suffered a record trading loss.
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By Lu Wang and Inyoung Hwang, Bloomberg |
May 21, 2013
U.S. stocks rose, erasing earlier losses, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth that is slower than expected.
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By Dawn Kopecki, Bloomberg |
May 21, 2013
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today’s shareholder meeting, according to two people with knowledge of the tallies.
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By Chris Burritt, Bloomberg |
May 21, 2013
Home Depot Inc., the largest U.S. home-improvement retailer, posted first-quarter profit that topped analysts’ estimates and raised its forecast for earnings this year as the housing rebound boosts renovation spending.
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By Dawn Kopecki, Bloomberg |
May 7, 2013
JPMorgan Chase & Co., the biggest U.S. bank, should oust most of its board and split Jamie Dimon’s dual roles as chairman and chief executive officer, shareholder advisory firm Glass Lewis & Co. said.
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By Lorraine Woellert, Bloomberg |
March 27, 2013
Fewer Americans signed contracts to purchase previously owned homes in February as limited inventory and access to credit held back a more robust recovery in housing.
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By Alex Kowalski, Bloomberg |
March 8, 2013
Payrolls increased more than forecast in February and the jobless rate unexpectedly fell to a five-year low of 7.7%, a sign U.S. employers were undaunted by the budget impasse in Washington.
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By Jeff Kearns and Steve Matthews, Bloomberg |
March 6, 2013
The U.S. economy expanded at a modest to moderate pace across most of the country amid rising consumer demand for homes and autos, the Federal Reserve said.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
March 5, 2013
Stocks jumped, sending the Dow Jones Industrial Average to a record, and metals rose as China vowed to maintain its growth target, U.S. service-industry growth improved and investors bet central banks will continue stimulus measures.