Treasury Five-Year Yield Falls to Record Low on Federal Reserve Strategy - Bloomberg

Treasury five-year note yields fell to the lowest level ever after Federal Reserve officials unexpectedly said their benchmark interest rate will stay low until at […]

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U.S. Economy Brightens as Data Belie Gloomy Investors - Bloomberg

The U.S. economy is beginning 2012 on a brighter note in a sign investors may be too pessimistic.
Payrolls rose 200,000 in December, double the […]

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Rail-Freight Surge Before Christmas Shows U.S. Economy Skirting Recession - Bloomberg

North American railroads

Fired CEO of Olympus speaks with investigators

The former chief executive of Olympus Corp. met with Tokyo prosecutors Thursday as they probe the Japanese camera and medical equipment maker’s coverup of investment […]

Stock futures falling ahead of economic data

U.S. stock futures are falling on worries about global economic growth.
Stock markets in Asia fell after a survey showed manufacturing falling in China, the world’s […]

Greece: coalition heads to pick new premier

The heads of Greece’s emerging interim government are due to resume talks to name the country’s new prime minister, after reaching a historic power-sharing deal […]

New law will let Cubans buy and sell real estate

For the first time in a half-century, Cubans will be allowed to buy and sell real estate openly, bequeath property to relatives without restriction and […]

EU official: banks to take 50pct cut on Greek debt

A European Union official says the currency union’s leaders have reached a deal with banks to take losses of 50 percent of their Greek bonds […]

Reporter inquiry: A payday loan from a bank?

Big banks are starting to make the equivalent of payday loans through customers’ checking accounts.
They are often called “advance loans” and last until the customer’s […]

Automakers bet consumers still want compact cars

Automakers are gearing up to make more compact cars this year. It’s another bet on a part of the car market that has thrived this […]