Bloomberg News

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Obama To Name White As SEC Chief

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Mary Jo White, who gained prominence prosecuting terrorists as U.S. attorney for Manhattan, will be named by President Barack Obama to be chairman of the Securities and Exchange Commission.

Hamptons Average Home Price Reaches Record As Luxury Sales Surge

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Home prices in these Long Island resort towns spike ahead of expected tax increases for sellers.

U.S. Colleges Seek More Foreign Students To Help Bottom Line

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As the U.S. high school graduate pool declines amid tuition increases, some universities are looking for applicants abroad.

TIPS Lag Before Sale While Fidelity Seeks Inflation Protection

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Treasury Inflation Protected Securities are lagging behind conventional U.S. government debt for a third month before the U.S. sells $15 billion of TIPS today.

Citigroup Sells Trust Accounts For Wealthy Customers To Reliance

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Citigroup Inc., the U.S. lender disposing of unwanted assets, sold a private banking subsidiary with about 3,000 accounts to Reliance Financial Corp. Terms weren’t disclosed.

U.S. Bank Deposits Drop Most Since 9/11

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Clients of the largest U.S. banks withdrew funds this month at the fastest weekly pace since the Sept...

Steven Cohen Travels To Davos For Lesson In ‘Resilient Dynamism’

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Steven A. Cohen didn’t let a mounting insider-trading investigation of his hedge fund SAC Capital Advisors stop him from attending the World Economic Forum in Davos.

United States Of Crisis Seen As Costing Jobs While Wasting Money

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President Barack Obama and congressional Republicans have settled into what economists, government officials and lawmakers from both political parties agree is a damaging pattern of governing by...

Home Prices Jumped 5.6% In 12 Months Through November, FHFA Says

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U.S. home prices climbed 5.6 percent in the 12 months through November as buyers competed for a dwindling inventory of properties, according to the Federal Housing Finance Agency.

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