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The latest in financial news and the latest breaking stories in business, personal finance news. The latest in-depth stories including market coverage from the US and around the World.
Updated: 1 hour 26 min ago
Investors favor non-agency mortgages, bank loans amid rate rise
Money managers touted the advantages of non-agency mortgage securities and bank loans on Thursday on expectations that housing prices will accelerate and interest rates will rise. Yields on non-agency ...
Behind the Big Profits: A Research Tax Break
Strong first-quarter corporate profits may not be quite as good as they look. Strong first-quarter corporate profits may not be quite as good as they look. An analysis by The Wall Street Journal reveals ...
U.S. Agencies Said to Swap Data With Thousands of Firms
Thousands of technology, finance and manufacturing companies are working closely with U.S. national security agencies, providing sensitive information and in return receiving benefits that include access ...
Why the Government Needs to Budget Over the Infinite Horizon
By Laurence Kotlikoff How far into the future should governments budget? Economic theory has a clear and rigid answer. But it’s not one economists like to give – for two reasons. First, it’s not one people easily comprehend. Second, it’s … Continue reading →
EU tries to persuade France to back U.S. free trade talks
The European Union will try to overcome French resistance to free-trade talks with the United States on Friday and keep alive plans for a deal that could boost their struggling economies by dramatically ...
Exclusive: TPG, J.C. Flowers, Resolution bid for Allstate unit - sources
British financial services firm Resolution Group and private equity firms TPG Capital and J.C. Flowers are bidding for Allstate Corp's Lincoln Benefit Life subsidiary, according to two people familiar ...
'Happy Birthday to You' Belongs to Us All, Lawsuit Says
By Bernard Vaughan NEW YORK (Reuters) - "Happy Birthday to You," the ditty sung around the world in tribute to everyone from toddlers to centenarians, belongs to the public, according to a lawsuit filed on Thursday. The proposed class action asks a federal court to declare the song to be in the public domain and that Warner/Chappel Music Inc, the music publishing arm of Warner Music Group, return "millions of dollars of unlawful licensing fees" it has collected for reproductions and public performances of the song. ...
Microsoft to Open Windows Stores Within Best Buy
By Bill Rigby SEATTLE (Reuters) - Microsoft Corp said it would open 500 special stores within existing Best Buy Co Inc stores in the United States selling exclusively Windows-based tablets and computers ...
Why the U.S. Equity Markets Could Still Make Further Gains
By James Short As the stock market continues its seemingly-endless rally, many investors may be asking “how can the equity markets possibly go any higher in the near term?” The answer may surprise them. Since the U.S. equity market’s low … Continue reading →
