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Goldman Forecasts Gold Rally Amid Debt-Ceiling Confrontation

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Gold may climb over the next three months as U.S. lawmakers attempt to tackle the country’s debt ceiling and the world’s largest economy slows, Goldman Sachs Group Inc...

State Street To Eliminate 630 Jobs

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State Street Corp., the third-largest custody bank, rose the most in more than a year after saying it will eliminate 630 jobs in its third round of cuts in two years to bolster profit.

Morgan Stanley Shares Rise As Brokerage Profit More Than Doubles

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Morgan Stanley, owner of the world’s biggest brokerage, rose the most in seven months after earnings from that business more than doubled and the firm reached profit-margin targets six months ahead...

Housing Industry Awaits Mortgage Rule On Down Payment Size

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As bankers, real estate agents and others in the housing industry absorb thousands of pages of mortgage rules issued in the past week, they’re still waiting to see if U.S...

Retirement Savings Accounts Draw U.S. Consumer Bureau Attention

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The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings.

Ex-U.S. Attorney White Said To Be Weighed For SEC Chairmanship

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Sources say Mary Jo White, the former U.S. attorney in Manhattan, is under consideration to become the next chairman of the Securities and Exchange Commission.

Florida Defies Housing Rebound as Foreclosures Soar

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While the rest of the nation recovered from the U.S. real estate slump, Florida saw increasing home repossessions.

Fee-Only Advisors Buy Bigger Share of U.S. Structured Notes

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Registered investment advisors that charge clients fees instead of taking commissions on products bought their biggest share of U.S. structured notes last year since at least 2010.

Robert Citron, Jailed After Orange County Bankruptcy, Dies at 87

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Robert Citron, a former treasurer of California’s Orange County who spent nine months in prison for his role in what stood for years as the nation’s biggest municipal bankruptcy, has died.

Biggest Silver ETF Adds 572 Tons in Largest Gain in Five Years

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Assets in iShares Silver Trust, the biggest exchange-traded fund for the metal, climbed the most in five years as more investors are seeking an alternative to gold.

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