Bloomberg News

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Inside The Swanky Mall Opening At The World Trade Center

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In the shadow of One World Trade Center, the colossal skyscraper in Lower Manhattan, lies a newly renovated luxury mall that hopes to be a mecca for swanky shopping.

BlackRock Urges Stress Tests Of Mutual Funds In Query

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BlackRock endorsed stress tests of mutual funds and reiterated its view that individual asset managers don’t pose a risk to the financial system.

Christie Rails Against Estate Taxes New Jersey Can’t Do Without

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Though Gov. Chris Christie says he wants inheritance and estate taxes gone, he’s fallen too short of a promised fiscal resurgence to do so.

It's Not Just You: It's Really Taking Longer To Do Your Taxes

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The more complicated your investments, the more likely it is that you won't have everything you need to file your taxes by April 15.

Northwestern Mutual Acquires LearnVest, Reportedly For More Than $250 Million

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Northwestern Mutual has announced that it will acquire LearnVest, a financial planning platform.

Home Prices Are Surging 13 Times Faster Than Americans' Wages

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Wages climbed by 1.3 percent from the second quarter of 2012 to the second quarter of 2014, compared to a 17 percent increase in home prices, says RealtyTrac.

Oaktree’s Marks Warns Liquid-Alternative Funds Won’t Deliver

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Firms including New York Life and Goldman Sachs Group have sought to expand their liquid-alternative offerings, but Oaktree's co-founder says they sound like something for nothing.

No. 1 Ranked Fund Manager Beats S&P 500 For 40 Years

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This fund, run by the same manager since 1969, has beaten the S&P 500 by an average of 2 percentage points a year since 1975.

Millennials Shifting To Homeownership As Rents Soar

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Americans in their 20s and early 30s are getting a nudge toward homeownership a decade after sales peaked during the housing bubble. It’s not their nagging parents. It’s rents...

Soros Says Greece Is Going Down The Drain

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The chances of Greece leaving the euro area are now 50-50 and the country could go “down the drain,” billionaire investor George Soros said.

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