Wall Street betting billions on homes in distressed markets

MIAMI • Big investors are pouring unprecedented amounts of money into real estate hit hard by the housing crash, bringing those moribund markets back to life but […]

Asia stocks mixed after US durable goods falls

Asia’s major stock markets logged slight gains Thursday but smaller indexes slipped after U.S. corporations reported mixed earnings and orders for U.S. durable goods fell.
The […]

Lew says budget deal with Congress can be reached

Treasury Secretary Jacob Lew is telling Congress that the Obama administration is optimistic about a budget deal, but he urged lawmakers to consider concessions already […]

Cyprus Aims to Meet Bailout Terms Today, Deposit Tax Debated - Bloomberg

Cyprus aims to complete a plan today to meet the terms of a European bailout that may include tapping bank deposits, its finance minister said, […]

Stocks creep up; Dow rises for seventh day running

The stock market crept higher Monday, pushing the Dow Jones industrial average to its seventh straight day of gains.
Boeing was the Dow’s top stock, surging […]

Blankfein, CEOs hit Capitol Hill to urge fiscal cliff deal

Goldman Sachs CEO Lloyd Blankfein said Wednesday that a compromise in Washington was essential to avoid the fiscal cliff.
“The country can’t afford […]

Nonprofits defend tax break

Charities and nonprofits are digging in their heels on Capitol Hill as they prepare to defend tax breaks for charitable donations that are under […]

Interest Rates From Sweden to South Korea Under Scrutiny - Bloomberg

Regulators from Stockholm to Seoul are re-examining how benchmark borrowing costs are set amid concern they are just as vulnerable to manipulation as the London […]

Iraq Crude Production Overtakes Iran as OPEC Trims Output - Bloomberg

Iraq

Afghanistan Future Requires Economic Stability, Clinton Says - Bloomberg

U.S. Secretary of State Hillary Clinton said Afghanistan