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May 7, 2015 Dow turns negative for the year as Yellen warns of valuation risks

Source: MarketWatch

U.S. stocks sold off on Wednesday, building on steep losses from the previous session as Federal Reserve Chairwoman Janet Yellen spooked investors by warning of potential pitfalls for investors, referring to stock values as...

May 6, 2015 In a down year, hedge fund CEOs did just fine

Source: CBS Money Watch

The top 25 hedge fund managers earned an eye-popping $11.6 billion in compensation in 2014. However, that was only about half as much as they earned the prior year and roughly in line with their pay at the height of the financial...

May 6, 2015 Bond rout rattles all assets

Source: Reuters

A worldwide selloff in government bonds deepened on Wednesday, with the rise in yields to their highest level this year spreading unease across all asset classes and putting stock markets around the world under pressure

May 6, 2015 U.S. trade deficit soars to highest level since 2008

Source: MarketWatch

WASHINGTON — The nation’s trade deficit soared 43% in March to the highest level since 2008, reflecting the end of a labor standoff at West Coast ports that allowed piles of imported goods sitting at docks such as cell phones,...

May 6, 2015 ECB set to decide on increasing Greek bank lifeline

Source: Reuters

The European Central Bank's Governing Council on Wednesday may nudge up the amount of Emergency Liquidity Assistance teetering Greek banks can borrow, as Athens struggles to avert a potentially catastrophic funding crunch.

May 6, 2015 Oil hits 2015 highs as Saudis raise prices, Libya output slows

Source: Reuters

Oil prices hit their highest for the year on Tuesday, aided by a disruption in Libyan crude exports, higher selling prices for Saudi oil and a weaker dollar that tends to inflate commodity prices.

May 5, 2015 Wall Street ends on upbeat earnings from Berkshire, Cognizant(Monday)

Source: Reuters

Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more.

May 5, 2015 Fed loan officer survey cites expected credit trouble in energy sector

Source: Reuters

Bank lending officers said they expect more bad loans among companies in the energy sector, and have begun taking steps to protect against the downturn among oil and gas companies, according to a Fed survey released on Monday.

May 5, 2015 UBS expects forex-rigging settlement with US as profits surge

Source: The Guardian

UBS has said it is in advanced talks with the US Department of Justice to settle allegations of foreign exchange market rigging, as Switzerland’s biggest bank by assets posted forecast-beating first-quarter earnings.

May 5, 2015 Greece vows to pay debts as it awaits handout from international creditors

Source: The Guardian

Greece has vowed to honour heavy debt repayments over the coming weeks but says it is counting on international creditors to release billions of euros in rescue funds before the end of the month as crisis talks between the two...

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