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Tuesday, August 28, 2012

Reuters Money: Home prices gain for fifth month in June: S&P

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08/28/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Home prices gain for fifth month in June: S&P
NEW YORK (Reuters) - Home prices rose more than expected in June, the fifth month in a row of gains in a fresh sign of improvement in the housing market, a closely watched survey showed on Tuesday.
Newly married gay couples face tax landmines
NEW YORK (Reuters) - While most tax news in this election cycle is focusing on expiring tax cuts, what may be most revolutionary about 2012 is how many newly married same-sex couples are going to face a tax quagmire.
More brokers let clients borrow against their Bruegels
NEW YORK (Reuters) - Who says that Picasso on the wall can't help earn its keep?
Analysis: Big cuts still ahead on Britain's road to clear deficit
LONDON (Reuters) - Two years into an unpopular austerity program, recession and bleak public borrowing figures have heaped pressure on Britain's government to change course.
Trickle-down quantitative easing: James Saft
(James Saft is a Reuters columnist. The opinions expressed are his own)
Small business borrowing woes hurt jobs: NYSE CEO
NEW YORK (Reuters) - A majority of U.S. small businesses are having a tough time accessing funding, holding back job growth and stunting economic growth, Duncan Niederauer, chief executive of NYSE Euronext, said in an interview.
Exclusive: Blackstone grooms six executives for Schwarzman's job
NEW YORK/LONDON (Reuters) - When Blackstone Group LP named a new global head of private equity last month, Chief Executive Stephen Schwarzman was looking for more than just a business unit chief.
Analysis: Friend and foe; Samsung, Apple won't want to damage parts deal
SEOUL (Reuters) - While Samsung Electronics is reeling from a patent pounding by its smartphone rival Apple Inc, this is unlikely to damage the other part of their relationship - where Samsung is the sole supplier of Apple-designed chips that power the iPhone and iPad.
Tiffany expects pressure on profit to ease; shares up
(Reuters) - Tiffany & Co cut its sales and earnings forecasts on Monday for the second straight quarter, citing a tough global economy and muted expectations for the holiday season, but the prospect of improving profit margins later in the year comforted investors.
China iron, coal defaults not all they seem: Clyde Russell
--Clyde Russell is a Reuters market analyst. The views expressed are his own.--
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Home prices gain for fifth month in June: S&P
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