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Oklahoma's tornado and political cheap shots
It's as predictable as it is disheartening: A red state gets hit hard by a tornado outbreak -- in this case killing at least 24 people, many of them children attending school -- and the first batch of letters from readers (most of them from Southern...
Tags: Employees, Natural Disasters, American Red Cross, Tea Party Movement, Mitch McConnell
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TREASURIES-U.S. bonds steady, pausing for clues on Fed bond buys
Reuters* Benchmark U.S. bond yields hover near two-month highs * Chicago, New York Fed presidents set to speak * U.S. Fed to buy $2.75 bln to $3.50 bln medium term bonds By Richard Leong NEW YORK, May 21 (Reuters) - U.S. government debt prices were little...Tags: Financial Markets, Employment Opportunities, Employment, Germany, Federal Reserve
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CANADA FX DEBT-C$ weaker as focus turns to Bernanke testimony
Reuters* C$ at C$1.0293 versus US$ or 97.15 U.S. cents * Fed chairman Bernanke to speak on Wednesday * Bond prices mixed By Solarina Ho TORONTO, May 21 (Reuters) - The Canadian dollar was weaker against the U.S. dollar on Tuesday following a holiday in Canada...Tags: Travel, Market and Exchange, Government Debt, International Travel, Foreign Exchange Market
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Nikkei hits new 5-1/2-year high but pace of gains slow, Bernanke cues eyed
ReutersTOKYO (Reuters) - Japan's Nikkei share average edged up to a fresh 5-1/2-year high on Tuesday, reversing earlier losses, as retail investors scooped up underperforming stocks such as Sharp Corp and Tokyo Electric Power Co Inc . Trading was choppy, with...Tags: Financial Markets, Auto Trends, Finance, Real Estate Buyers, Tokyo Electric Power Co.
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Japan panel warns of dangers if debt not addressed
ReutersTOKYO (Reuters) - A Japanese government panel warns there is "absolutely no guarantee" that domestic investors will keep financing the country's massive public debt, citing the risk of a spike in bond yields that could crimp long-term growth prospects,...Tags: Finance, Morgan Stanley Dean Witter & Company, Shinzo Abe, Credit and Debt, Tokyo (Japan)
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GLOBAL MARKETS-Dollar firms as Fed suspense builds, shares off highs
Reuters* Dollar index firmer, but down from near 3-year high * European shares lower after recent highs * Gold, silver steady By Marc Jones LONDON, May 21 (Reuters) - The dollar edged up, gold steadied and European shares held near five-year highs on Tuesday as...Tags: Central Bank, Nikkei, Foreign Exchange Market, Japan, U.S. Congress
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FUND VIEW: For BlackRock income fund manager, stocks boost yield
ReutersBy David Randall NEW YORK, May 21 (Reuters) - Rick Rieder, the head of fixed income at fund giant BlackRock, doesn't run your average bond fund. In his $5.7 billion Strategic Income Opportunities fund , Rieder takes an active trading approach that can...Tags: Finance, Central Bank, Mutual Funds, Economy, Business and Finance, Credit and Debt
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REUTERS SUMMIT-Colombia aims to "internationalize" bourse
Reuters* Stock exchange expects two foreign listings next year * Says four local companies could offer shares by year-end * Calls for better regulations in Colombia capital markets By Helen Murphy and Nelson Bocanegra BOGOTA, May 20 (Reuters) - Colombia aims...Tags: Financial Markets, Finance, Mexico, Credit and Debt, Alvaro Uribe
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Arkansas state treasurer faces federal charges, calls to resign
ReutersBy Suzi Parker LITTLE ROCK, Ark., May 20 (Reuters) - Arkansas' state treasurer was charged with extortion on Monday following a weekend arrest on accusations that she took repeated cash payments for state bond business, including money delivered in a pie...Tags: Organized Crime, Government, Mike Beebe, FBI, Executive Branch
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Japan finance minister: wants Bank of Japan to have thorough dialogue with JGB market
ReutersTOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that he wants the Bank of Japan to have a thorough dialogue with markets in the wake of volatility in the government bond market. "Governor Kuroda is communicating with the market in...Tags: Finance, Economy, Business and Finance, Japan, Money and Monetary Policy
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FACTBOX-U.S. Treasury acts to avoid hitting debt limit
ReutersMay 20 (Reuters) - U.S. Treasury Secretary Jack Lew on Monday said the Obama administration was suspending investments in the Civil Service Retirement and Disability Fund, a government employee pension fund, to help the nation keep paying its bills now...Tags: G7, Finance, Financial Markets, Employees, U.S. Department of the Treasury
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Unclear whether Fed's bond buying has helped economy: Fisher
Reuters(Reuters) - While the Federal Reserve's accommodative policies have boosted stocks and helped the rich, it is unclear whether they are doing enough for the broader U.S. economy, a top central bank official said on Monday. "We've made rich people richer.....Tags: CNBC (tv network), S&P 500, New Products, Federal Reserve, Ben Bernanke
May 21, 2013
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May 21, 2013
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