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Sotheby's Boosts Art-Loan Financing With $1 Billion Line

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Sotheby’s, the auction house under pressure from activist investors to boost profit, doubled the amount it can borrow to make art loans in a bid to win clients and top consignments.

Do You Know What Your Spouse Makes? 43 Percent Of Americans Don't

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Couples’ ignorance about their incomes seems to be growing, from 27 percent in 2013 to 43 percent this year, and there could be a lot of reasons why.

Interest-Only Mortgages Are Coming Back, But With Safety In Mind

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The second-largest provider of U.S. mortgages through brokers is bringing back a debt type that that’s almost disappeared since the financial crisis: Interest-only loans.

Amazon Pressured To Pull Confederate Flag As EBay Ends Sales

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Amazon is coming under pressure to remove Confederate flags and themed products from its online store after Wal-Mart, EBay and Sears said they’d stop selling the merchandise.

Wall Street Diverges As Gorman And Blankfein Take Opposite Paths

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One grew up in Brooklyn public housing and shared a bedroom with his grandmother. The other was born half a world away, the son of an engineer in a comfortable Melbourne household.

Big Days Dying Off In U.S. Stocks With No 2% Move Since December

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Days of frantic buying or selling have been absent from the U.S. stock market this year.

For-Profit Colleges Lose Bid To Block Student Loan Rules

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For-profit colleges lost their bid to block an Education Department rule denying funds to schools that saddle students with excess debt.

Moody's May Reduce Ratings On $34 Billion Of Student-Loan Bonds

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Moody’s Investors Service said that it may lower ratings on about $34 billion of securities backed by U.S. government-insured student loans.

Beware Bond-Liquidity Traps When Hunting Yield, Pimco Says

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Investors risk falling into liquidity traps as they seek to boost yields, according to Pimco.

Madoff Trustee’s High Court Rebuff May Cut Victim Recoveries

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Bernard Madoff’s victims shouldn’t expect to recover all $17 billion they lost now that the U.S...

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