Bloomberg News

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U.S. Budget Discord Is Top Threat To Global Economy In Poll

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Global investors say the state of the U.S...

Golfer Mickelson Apologizes For Comments On Income Taxes

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Phil Mickelson apologized for saying he would have to make “drastic changes” due to new U.S. and California tax laws. The 42-year-old golf champion said the comments should have remained private.

Yale May Buy More Hedge Fund Investments After Favoring Cash

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The nation’s second-wealthiest college may increase its holdings of hedge funds after cutting them last year and shifting into cash.

Sales Of U.S. Existing Homes Decrease On Lack Of Supply

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Sales of U.S. existing homes unexpectedly dropped in December, restrained by the lowest supply of properties in more than a decade.

High School Graduation Rate Jumps To Highest Since 1970s

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U.S. students graduated from public high schools at the highest rate since the 1970s, with the largest leap for Hispanic students, government data show.

Calpers Buy-Hold Commitment Recoups $95 Billion Recession Loss

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The California Public Employees’ Retirement System is poised to top a record $260 billion in assets by sticking with a strategy of buy-and-hold.

Obama Channels Eisenhower With Anemic Government Spending Growth

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Senate Republican leader Mitch McConnell says it’s time for the president to “get serious about spending.” The budget numbers suggest Barack Obama already has.

Investors Most Optimistic On Stocks In 3 1/2 Years, Poll Says

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International investors are the most bullish on stocks in at least 3 1/2 years, with close to two- thirds planning to raise their holdings of equities during the next six months, according to a...

European Dividends Sink To Four-Year Low As CEOs Hoard Cash

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Companies in the euro area are poised to cut dividends to the lowest level in four years as chief executive officers stockpile cash to weather the region’s sovereign-debt crisis.

Obama Picks Ultimatums Over Optimism To Start Second Term

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President Obama has shed the aura of a hopeful consensus builder determined to break partisan gridlock and has adopted a more confrontational stance in his dealings with Republicans.

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