| | | NEW YORK (Reuters) - U.S. single-family home prices rose for the fourth month in a row in May on a seasonally adjusted basis, suggesting the recovery in the housing market continued to gain traction, a closely watched survey showed on Tuesday. | | | | | | WASHINGTON (Reuters) - Labor costs rose moderately in the second quarter, according to government data on Tuesday that underscored benign wage inflation against the backdrop of a weak jobs market. | | | | | | | NEW YORK/WASHINGTON (Reuters) - Single-family home prices rose for the fourth month in a row in May when adjusting for seasonal swings, suggesting the recovery in the housing market continued to gain traction. | | | | | | | LONDON (Reuters) - The type of hedge funds that bet against JP Morgan and made money from its $5.8 billion "London Whale" trading loss has risen to the top of investors' buying lists for the coming quarter, a survey showed. | | | | | (Reuters) - Beware central bankers selling euros employing false analogies. | | | | | | | WASHINGTON (Reuters) - Mail industry companies are concerned about a looming default by the Postal Service on a $5.5 billion payment for future retiree health benefits, saying it adds to uncertainty about agency and helps speed the movement away from traditional mail. | | | | | | | NEW YORK (Reuters) - Morgan Stanley has eliminated four regional manager jobs in a reorganization of its brokerage joint venture that trims the number of regions, the second time in eight months it has reduced its manager ranks. | | | | | CHICAGO (Reuters) - I have a pretty good idea of what drought looks like after recently traveling more than 1,400 miles from Chicago to Utah: Vast patches of brown where there should be green. Cornstalks that look like desiccated scarecrows. Wilted soybeans. Forested Colorado canyons devastated by wildfires and pine beetles. | | | | WASHINGTON (Reuters) - A hedge fund manager known for his bullish bets on Chinese companies and two of his firms agreed to pay $1.1 million to settle charges by U.S. securities regulators that he traded on inside information and misled investors. | | | | | | | NEW YORK (Reuters) - The Labor Department on Monday issued guidance on rules requiring companies to disclose 401(k) fees to employees that will be welcome news to most employers. | | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | » MORE NEWSLETTERS | |
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