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As stocks hit new highs, is the market overheating?
NEW YORK -- Wall Street will be watching Ben Bernanke's testimony before Congress on Wednesday, hoping the Federal Reserve chairman will offer clues as to when the central bank may begin turning off its spigot of easy money. Investors will also be...Tags: Federal Reserve, Money and Monetary Policy, Prices, Stock Market, Central Bank
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Freddie Mac: Mortgage rates rise; average 30-year loan at 3.51%
Mortgage rates rose this week, with a widely watched survey reporting that lenders were offering 30-year fixed-rate loans at an average of 3.51%, up from a near-record low of 3.35% two weeks ago. The survey, released Thursday by mortgage financier...
Tags: Freddie Mac, Loans, Mortgages, Financial and Business Services
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Bay Area median home price tops half-million-dollar mark — again
The median home price in the San Francisco Bay Area moved above the half-million-dollar threshold last month — a sign of just how hot that market is getting. The median price for a home in the nine-county area was $510,000 in April, up 17% from...
Tags: Homes, House Building, Prices
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California's housing market surges in April
California’s housing market surged last month as prices jumped from Southern California to the San Francisco Bay Area. The state’s median home price in April ticked up 3.5% from the previous month and soared 22.7% from the same month a...
Tags: Real Estate, Foreclosures, Homes, Real Estate Buyers, Services and Shopping
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Morale hits a new low on Egypt stock market
CAIRO — His phone doesn't ring and his charts are gloomy. But every day Mostafa Ismail, a financial broker with a hangman's demeanor, steps into the Egyptian stock exchange hoping for positive blips. They are rare in a nation where revolution...
Tags: Orascom Group, Inc., Political Dissent, Revolutions, International Monetary Fund, Finance
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J.C. Penney woes may persist as Best Buy rebounds
For a while, J.C. Penney and Best Buy seemed to be doppelgangers. The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at...
Tags: Earnings, Macy's, Corporate Officers, Best Buy Co., Inc., Richard Schulze
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Are your mortgage modification terms worth continuing payments?
Financially strapped homeowners who are close to foreclosure may want to face the music now rather than continuing to struggle with their monthly payments. There's a high probability of losing the house anyway, even with the government's help. According...
Tags: Economy, Business and Finance, Federal Reserve, Mortgages, Financial and Business Services, Finance
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Dow continues to sizzle, topping 15,000 for the first time
NEW YORK — Another day, another milestone on Wall Street. The red-hot Dow Jones industrial average barreled past 15,000 to close Tuesday at its highest point in history. It marked the 16th record close for the blue-chip index this year and...
Tags: Earnings, Mutual Funds, ING Group, Apple Inc., Walter Hamilton
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Dow closes above 15,000 for first time [video chat]
NEW YORK -- The Dow Jones industrial average on Tuesday closed above 15,000 points for the first time, clearing a psychological hurdle as stocks continue a strong rally this year. It was only three months ago when the Dow, the iconic blue-chip index for...
Tags: ING Group, Federal Reserve, Money and Monetary Policy, Stock Market, Central Bank
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Jobs numbers send stocks to record highs
NEW YORK —The economy may still be dallying on its way to a recovery, but investors are paying that no mind, sending the stock market to all-time highs after a better-than-expected April jobs report. The Dow Jones industrial average and the...
Tags: Economy, Business and Finance, Federal Reserve, Money and Monetary Policy, Finance, Prudential Financial Incorporated
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Jobs report spurs Dow beyond 15,000 for the first time
NEW YORK -- It’s only a few days into May, but already investors have seen one surprise after another, as the Dow Jones industrial average passed 15,000 for the first time Friday on the strength of a better-than-expected jobs report. The S&P 500,...
Tags: Kraft Foods Group, Inc., Federal Reserve, Economy, Business and Finance, Economic Indicator, Money and Monetary Policy
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LinkedIn shares plunge after first-quarter earnings release
SAN FRANCISCO — LinkedIn Corp. has consistently beat Wall Street expectations since its initial public stock offering two years ago. The professional networking service did it again Thursday, reporting first-quarter revenue and net income that...
Tags: Social Media, Quarterly or Semiannual Financial Statements
May 20, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Los Angeles Times
May 15, 2013
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May 15, 2013
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May 15, 2013
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May 10, 2013
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May 10, 2013
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May 7, 2013
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May 7, 2013
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May 3, 2013
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May 3, 2013
|Story| Los Angeles Times
May 3, 2013
|Story| Los Angeles Times
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