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Investors snap up $17 billion in Apple bonds
First came the frenzy for iPhones and iPads. Now there's a scramble for iBonds. Apple Inc. sold $17 billion in bonds Tuesday, a gargantuan deal that ranked as the largest in global corporate history. And even though the securities are paying...
Tags: Bonds, Credit Ratings, Global Expansion, Apple iPhone, Tim Cook
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Federal Reserve officials stay course on stimulus, interest rates
WASHINGTON -- Federal Reserve policymakers said Wednesday they would continue their stimulus efforts and hold steady on rock-bottom interest rates, but announced no new actions as the economy appeared headed for another spring slowdown. After a two-...
Tags: Economy, Business and Finance, Employment, Federal Reserve, Central Bank, Employment Opportunities
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Stocks power through April
NEW YORK — The market wasn't supposed to go this far, this fast. Just a few months ago, Wall Street analysts predicted this year's stock rally would level off given the strong run-up seen in the first three months of the year. They held out hope...Tags: Bonds, Employment, Credit Ratings, Federal Reserve, Finance
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MarksJarvis: Clashing slogans cloud investor strategies
The calendar beckons investors to tread lightly through the stock market, according to an old saying. "Sell in May and go away" is a popular slogan among pundits because, over the years, stocks have sometimes suffered losses from May through October,...Tags: Bonds, Federal Reserve, European Central Bank, Credit Ratings, Globalization
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Eurozone's unemployment climbs to 12.1%, a fresh record high
WASHINGTON -- The Eurozone's unemployment rate hit a record high of 12.1% in March as the region continued to struggle with recession, government officials said Tuesday. The seasonally adjusted jobless rate for the 17-nation group topped the previous...
Tags: European Central Bank, Federal Reserve, Employment, Finance, Virgin Group, Ltd.
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Why is the Pentagon exempted from scrutiny?
The most common complaint from people who email me about my columns is that the federal government is horrible: Too big and growing too fast, too corrupt and wasteful, and providing too many benefits to too many Americans. If we just shrink the...Tags: Political Corruption, Ronald Reagan, Supplemental Nutrition Assistance Program, Politics, Unrest, Conflicts and War
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Some college students could pay higher interest rate on federal loans
College students taking out subsidized federal student loans will see their interest rate double in July unless Congress comes to the rescue. The rate on subsidized Stafford loans is a fixed 3.4 percent, but that's set to expire and revert to 6.8 percent...
Tags: U.S. Senate, Education, Politics, Finance, Barack Obama
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Scholarship Awards Breakfast: Newport Harbor
Rachel Anne Barney GPA: 4.4384 School Activities/Clubs: IB drama production of "Dear Brutus," Field Studies Club, IB History HL, IB English HL, IB Theatre HL, IB French SL, IB Environmental Science SL, IB Theory of Knowledge, IB diploma candidate, AP US...Tags: Conservation, Psychology, Marketing, Awards and Prizes, Biology
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Lenders venturing back into subprime market
Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking — a subprime loan. The...
Tags: U.S. Consumer Financial Protection Bureau, Housing and Urban Planning, Federal Reserve, Homes, Financial and Business Services
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Federal refi program for underwater homeowners hits its stride
The Obama administration's Home Affordable Refinance Program is at last helping legions of American homeowners with upside-down mortgages. Nearly 1.1 million homeowners with little or no equity were able to refinance last year under HARP, which...
Tags: Economy, Business and Finance, Housing and Urban Planning, Financial and Business Services, Fannie Mae, Politics
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Entering homeownership with eyes wide open
Sitting down in front of a pile of mortgage loan documents to sign at the closing, with a lending officer and maybe a real estate agent at your side, what do you look at first? The eye typically latches on to the simplest things to read, namely the...Tags: U.S. Consumer Financial Protection Bureau, DePaul University, Psychology, Education, Real Estate Buyers
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Fed says moderate growth has returned, will stay course on stimulus
WASHINGTON -- Federal Reserve officials Wednesday acknowledged the recent pick-up in economic growth, noting in particular “labor market conditions have shown signs of improvement,” but the central bank made no change in its ongoing aggressive...
Tags: Federal Reserve, Employment, Finance, Petroleum Industry, Economy, Business and Finance
May 1, 2013
|Story| Los Angeles Times
May 1, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Los Angeles Times
May 1, 2013
|Column| Chicago Tribune
Apr 30, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Column| Baltimore Sun
Apr 29, 2013
|Story| Baltimore Sun
Apr 27, 2013
|Story| Daily Pilot
Apr 27, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Column| Chicago Tribune
Mar 20, 2013
|Story| Los Angeles Times
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