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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg News NO7QKB6JIJUR (Bloomberg) — Last year’s superstar of the Treasury market is punishing investors in 2015, and Goldman Sachs Group Inc. is calling it a “poor investment.” Thirty-year bonds have slumped 8 percent in the past two weeks, leaving investors with a loss of 4.8 percent since Dec. 31,

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Business Headlines

©2015 Bloomberg News NO7OMW6K50XW (Bloomberg) — The dollar stayed stronger against major peers as investors bet the Federal Reserve remains on track to raise interest rates this year while global peers retain unprecedented easing. The U.S. currency rose Monday as San Francisco Fed President John Williams reiterated policy makers could lift

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Business Headlines

©2015 Bloomberg News NO7MEV6JIJUP (Bloomberg) — The euro held losses amid concern Greece won’t be able to strike a bailout deal, while New Zealand’s dollar traded near an almost two-month low. Asian stock-index futures were mixed after U.S. shares retreated with Treasuries. The 19-nation currency was at $1.1142 by 8:52

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©2015 Bloomberg News NO5K4M6TTDS1 (Bloomberg) — In today’s U.S. stock market, trading is fast approaching the speed of light. Yet for one crucial piece of information, many investors still have to wait as long as two weeks for updates. “Short interest,” Wall Street speak for how heavily a company’s stock is

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©2015 Bloomberg News NO5V4T6JIJUO (Bloomberg) — The euro fell to a one-week low before European finance ministers resume talks on Greek aid on Monday. The common currency slipped 0.3 percent percent to $1.1162 as of 10:04 a.m. in Tokyo, the lowest since May 5. To contact the reporter on this

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Business Headlines

©2015 Bloomberg News NO5PVF6TTDS3 (Bloomberg) — Oil held gains after rising for an eighth week as U.S. drillers reduced the number of active rigs to the fewest in more than four years. Futures were little changed in New York after capping a 0.4 percent gain on Friday, the longest run of

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Business Headlines

©2015 Bloomberg News NO0ARK6KLVRG (Bloomberg) — The pound jumped as an exit poll indicated the U.K. Conservative Party will retain power after elections, quelling concern over the prospect of protracted coalition negotiations. Asian bonds tracked a recovery in Treasuries, while most stocks rose ahead of U.S. labor market data. Sterling

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Business Headlines

©2015 Bloomberg News NO05XU6JTSEH (Bloomberg Business) — Three of the biggest banks in Moldova reached the brink of collapse in November after suffering losses totaling $1 billion—a shocking sum in an impoverished Eastern European country with a gross domestic product of less than $8 billion. Now shock is turning to anger. In a

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©2015 Bloomberg News NO085L6KLVRG (Bloomberg Politics) — Wanted: Elephants suspected of bilking American taxpayers. Arizona Senator John McCain released a report Thursday “highlighting, naming and shaming outrageous pork projects funded with your taxpayer dollars,” and it singled out those profligate pachyderms for the $50,000 grant they—or, presumably, those who research

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Business Headlines

©2015 Bloomberg News NNY4SJ6K50YC (For Energy column alerts: SALT NRGI ) (Bloomberg) — As the oil industry tightens its belt after the worst price slump in a generation, the state-owned giants of the Middle East are taking the opposite tack. Saudi Arabian Oil Co., Abu Dhabi National Oil Co. and

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