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2016-05-31

Bond Report: Short-term Treasury yields rise to 1½-month high

Short-term Treasury prices tumbled Tuesday, pushing yields to their highest level since mid March, as investors sold U.S. government debt on mounting fears that the Federal Reserve might raise interest rates sooner than initially expected.

posted 2016/05/31 by MarketWatch.com - Top Stories

Stephen Hawking finds Donald Trump more confounding than black holes

The famous physicist weighed in on Tuesday.

posted 2016/05/31 by MarketWatch.com - Top Stories

Project Syndicate: The next 100 years in the Middle East are likely to be worse than the last 100 years

The unpleasant reality is that today’s Middle East is what it is because its people and leaders have done such a bad job in shaping it, not because of the Sykes-Picot agreement that carved up the region 100 years ago.

posted 2016/05/31 by MarketWatch.com - Top Stories

Here’s how investors are duped each earnings season

Earnings season is a misery, as more companies are using tactics that irk reporters, analysts and investors alike.

posted 2016/05/31 by MarketWatch.com - Top Stories

The Wall Street Journal: Viacom board is ready to fight off Redstone family

Anticipating being pushed out by controlling shareholder and former chairman Sumner Redstone, lead independent director Frederic Salerno said in a letter to Viacom constituencies that the independent board members are preparing for a legal battle to keep their seats.

posted 2016/05/31 by MarketWatch.com - Top Stories

Economic Report: Chicago PMI falls back into contraction territory

A measure of Chicago-area economic activity fell in May back into contraction territory, according to data released Tuesday.

posted 2016/05/31 by MarketWatch.com - Top Stories

The Wall Street Journal: Global banks backing away from all-things-to-all-people ambitions

After nearly two decades of breakneck expansion into ever more countries and ever more businesses, global banks are in retreat. For most of them, it is no longer a viable strategy to try to be all things to all customers…

posted 2016/05/31 by MarketWatch.com - Top Stories

Metals Stocks: Gold on track for 6% May drop as rate fears rise

Gold futures traded at a 3 1/2-month low near $1,200 per ounce Tuesday and are now down about $100 from a 15-month high struck in early May as anticipated higher interest rates continue to dent the precious metal.

posted 2016/05/31 by MarketWatch.com - Top Stories

The Wall Street Journal: U.S. Chamber of Commerce launches ‘Save the Senate’ bid

The country’s biggest business lobby will launch an initiative Tuesday to deploy influential Republicans to raise funds for tight Senate races, hoping to keep the GOP from losing control of the chamber in November.

posted 2016/05/31 by MarketWatch.com - Top Stories

NewsWatch: Three reasons why the S&P 500 is primed and ready for big gains

It’s summertime, get ready to be nimble and quick. Our call of the day says some big gains could be on the way for this market, and as soon as this week.

posted 2016/05/31 by MarketWatch.com - Top Stories

Economic Report: City by city look at U.S. house prices shows every metro gaining ground

The biggest home price gains are still in the Northwest and West, but there’s sturdy growth everywhere, according to the S&P/Case-Shiller index.

posted 2016/05/31 by MarketWatch.com - Top Stories

The New York Post: Swedish ex-intern seeks to collect agreed fees for Wall Street CEO’s inappropriate tweets and alleged harassment

Disgraced financier Benjamin Wey signed a contract agreeing to pay a former intern $10,000 for every tweet he writes bad mouthing her and another $50,000 for each time he tries to communicate with her, court papers show.

posted 2016/05/31 by MarketWatch.com - Top Stories

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