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By Steve Matthews and Caroline Salas Gage, Bloomberg |
January 30, 2013
Since Federal Reserve Chairman Ben S. Bernanke in September began a third round of asset purchases aimed at lowering interest rates and spurring growth, bond yields have climbed. The trend may signal that his program is working.
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By Heather Perlberg and Dakin Campbell, Bloomberg |
January 22, 2013
Mortgage revenue at the four largest U.S. lenders is surpassing the costs of faulty home loans and foreclosures from the housing boom as Federal Reserve and government policies help fuel the recovery.
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By Maria Kolesnikova, Bloomberg |
January 17, 2013
JPMorgan Chase & Co. led lending to commodities companies for a third consecutive year even as global financing to the industry fell to the lowest since 2010.
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By Donal Griffin, Bloomberg |
January 17, 2013
Citigroup Inc., the third-biggest U.S. bank by assets, reported a profit increase that was less than analysts estimated as litigation costs rose and benefits from releasing loan-loss reserves declined.
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By Michelle Jamrisko, Bloomberg |
January 17, 2013
Builders broke ground on more houses than forecast in December, capping the best year for the industry since 2008, another sign residential real estate is boosting the U.S. economic expansion.
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By Michelle Jamrisko, Bloomberg |
January 16, 2013
Confidence among U.S. homebuilders held in January at the highest level in more than six years, offering the latest evidence that residential real estate will help spur economic growth.
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By Jesse Hamilton, Bloomberg |
January 7, 2013
Ten of the largest U.S. mortgage servicers will pay a combined $8.5 billion under an agreement that will end case-by-case reviews of foreclosure-abuse claims stemming from a 2011 deal with regulators.
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By John Detrixhe, Bloomberg |
December 27, 2012
The dollar strengthened from almost an eight-month low against the euro after Senate Majority Leader Harry Reid said the U.S. may fall off the so-called fiscal cliff that threatens the nation with recession.
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By Aaron Kirchfeld, Bloomberg |
December 27, 2012
SeaWorld Entertainment Inc., the operator of aquatic amusement parks owned by buyout firm Blackstone Group LP, filed for an initial public offering today.
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By Dakin Campbell, Bloomberg |
December 18, 2012
Wells Fargo & Co. bought a stake in Rock Creek Group LP to provide more hedge-fund offerings to clients amid a push to double the asset-management unit within seven years.
