World Busines and Finance news

A U.K. house-price index fell to a six-month low in April as demand weakened after a stamp-duty exemption for first-time buyers ended, the Royal Institution […]

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The recovery is still chugging along at a sluggish pace, and unfortunately, it looks like it may stay that way for a while.
Economists surveyed […]

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The International Monetary Fund said Wednesday that European banks are under pressure to preserve capital and could cut back sharply on lending over the next […]

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The good news: Taxpayers have extra time this year to file their federal income tax returns. The bad news: That time is running out.
Taxpayers have […]

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Treasury notes fell for a third consecutive week amid speculation Greece will secure an aid package from European leaders, discouraging demand for the safest […]

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Greece will likely not achieve sustainable debt levels with a 70 percent reduction in the value of bonds held by its private creditors, Standard […]

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Poland’s prime minister says he is suspending the ratification process for an international copyright treaty after widespread protests and attacks on government websites.
Donald Tusk said […]

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ConocoPhillips said Wednesday that it and China National Offshore Oil Corp. reached a $160 million agreement to settle compensation claims from oil spills off northeastern […]

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Regions Financial Corp. says it has agreed to sell Morgan Keegan & Co. Inc. to Raymond James Financial Inc. for $930 million.
Morgan Keegan, one of […]

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U.S. stocks are edging higher in early trading even after Standard & Poor’s warned that it might downgrade Europe’s strongest economies.
Overseas markets sank early Tuesday […]

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