Bloomberg News

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SEC To Probably Bring More Mortgage-Bond Cases

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The SEC is likely to continue filing cases tied to residential-mortgage-backed securities, said the deputy head of its structured and new products unit.

Buffett NYSE Bid Boosts Confidence As S&P 500 Nears Record

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Warren Buffett’s proposal to take over NYSE Euronext, while rejected in favor of a higher offer last year, is boosting optimism that the world-famous stock picker sees a rebound in trading from a...

Overdue Student Loans Reach ‘Unsustainable’ 15%, Study Says

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Delinquency rates on student loans made in the past two years stand at 15 percent in the U.S. as recent graduates struggle to find jobs, Fair Isaac Corp. said.

Scientology Donor Becomes Billionaire With Cancer Drug

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Robert W. Duggan, the Church of Scientology’s biggest donor and the chief executive officer of Pharmacyclics Inc., has become a billionaire after the company’s shares tripled in a year.

Consumer Confidence Falls To Lowest Level Since 2011

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Confidence among U.S. consumers declined more than forecast in January, reaching the lowest level in more than a year as higher payroll taxes took a bigger bite out of Americans’ paychecks.

Home Prices Climb By Most In Six Years

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Home prices in 20 U.S. cities rose in November from a year earlier by the most in more than six years, indicating the U.S. housing rebound is gaining ground.

Bernanke Seen Buying $1.14 Trillion in Assets By Early 2014

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Federal Reserve Chairman Ben S. Bernanke’s latest round of bond buying will reach $1...

Falling Global Stock Correlations Are A Good Sign For Investors

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The lockstep moves in global stocks that dominated equity markets for six years are breaking down at the fastest rate on record, a sign investor confidence is finally returning.

Nazi Goebbels’ Step-Grandchildren Become Hidden Billionaires

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The step-grandchildren of the former Nazi propaganda minister have never been listed on international wealth rankings, but they share a fortune worth $6 billion.

Gross Says New Active Currency ETF To Seek Emerging Market Gains

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Pimco's proposed fund would be its seventh actively managed ETF, though it won't say when it will be available to investors.

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