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Banking, other deals drive stock indexes higher
NEW YORK — Financial companies led the stock market higher Tuesday after another big banking deal raised hopes that more acquisitions could be on the way. Toronto-Dominion Bank is buying […]
Shares of Walker & Dunlop stall after IPO debuts
Investors are showing little interest in commercial real estate financier Walker & Dunlop Inc. after the company’s initial public offering debuted at a lower-than-expected price. The offer of 10 million […]
Stocks, bond yields rise as Fed continues stimulus
NEW YORK — Bond prices are falling sharply after the Federal Reserve said it would continue the pace of its stimulus plan because the economy is not growing quickly enough […]
Hopes for Senate passage of tax deal lifts stocks
NEW YORK — Expectations that a tax cut package will pass the Senate and a round of corporate deals pushed stocks higher Monday. Bond yields fell after touching their highest […]
Americans’ wealth grew 2.2 pct. last quarter
WASHINGTON — After declining in the spring, Americans’ wealth grew 2.2 percent in the July-September quarter as a rebound on Wall Street boosted stock portfolios. Household net worth rose to […]
Dollar higher after Obama, GOP make tax deal
NEW YORK — The dollar kept gaining against yen and edged higher versus the euro Wednesday in the aftermath of a tax package that, if passed, could boost the U.S. […]
Home prices falling faster in most metro areas
NEW YORK — Home prices are falling faster in the nation’s largest cities, and a record number of foreclosures are expected to push prices down further through next year. The […]
Feds raid 3 hedge funds linked to trading probe
WASHINGTON — The Federal Bureau of Investigation has raided three hedge funds linked to a broader insider-trading probe, law enforcement officials said Monday. Bureau employees searched the New York offices […]
Stocks slip on concerns euro crisis will spread
NEW YORK — Broad stock indexes fell sharply in midday trading as concerns grew that the European financial crisis will spread. Ireland formally asked for help from its neighbors over […]
Stocks finish mixed as dollar gains strength
NEW YORK — Stocks slumped to a mixed finish Monday as the dollar posted its second day of gains over concerns that Europe is on the edge of another bailout. […]
Strong retail sales, Caterpillar deal drive stocks
NEW YORK — Stocks rose Monday following a spike in corporate dealmaking and news that retail sales jumped to the highest level in seven months in October. Consumer spending rose […]
