Bond Traders Question the Bear Market

Bond Traders Question the Bear Market

“The bear market that I'm talking about is a mild one,” Gross said in a Bloomberg Radio interview. “I don't think we're headed for investment Armageddon.” The 10-year yield traded at 2.557 percent at 4:40 p.m. in New York, down from as high as 2.595 percent earlier. Traders were watching whether it
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MetaBank adds national lending platform with Crestmark Bank acquisition

The acquisition gives Meta a national commercial and industrial lending platform. Crestmark is a commercial lender, offering loans, equipment finance leases and government-guaranteed loans to small- and mid-sized businesses in a broad range of industries including manufacturing, transportation and
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JP Morgan's quick guide to the top banking jobs of 2018

J.P. Morgan's London-based banking analysts. led by top-ranked analyst Kian Abouhossein just issued their predictions for banks' revenues in 2018. If they're right, this isn't going to be a blowout year – but nor is it going to be that bad either. Needless to say, some banks and some divisions within those
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The Fed Delivered $80.2 Billion in Profits to the Treasury in 2017

Since 2010, the average contribution has been $86 billion. The Fed's bond holdings comprise federal debt and securities issued by the government-owned mortgage finance companies Fannie Mae and Freddie Mac. By diving into the marketplace, the Fed created more competition, forcing investors to
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Lending a helping hand: Dontavius Russell's true motivation for staying at Auburn

Lending a helping hand: Dontavius Russell's true motivation for staying at Auburn. Dontavius Russell's decision to stay at Auburn for his senior season became more important when Jeff Holland opted to make the jump to NFL. Todd Van Emst/ Auburn Athletics. Lauren Shute. Posted 12 mins ago.
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KKR closes second Americas real estate fund at $2 billion

KKR & Co. closed KKR Real Estate Partners Americas II at $2 billion, exceeding its $1.5 billion fundraising target, the alternative money manager announced in a news release on Wednesday. The opportunistic value-added real estate fund is KKR's second dedicated real estate fund after the first fund's
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Wake County principal wins $50K on 'Wheel of Fortune'

Stough Elementary School principal Chris Cox and his wife spun and won on Tuesday's “Wheel of Fortune.” Cox and his wife, Amanda, appeared on the game show Tuesday during Sweethearts Week. They won a spot in the final round, where they ultimately lost. But the couple still came away with a
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Real Estate Corner: Granite State gushing

While New Hampshire is a fairly small state, it has a surprising amount of great features that make living here just amazing. Today, I'd like to look at a few of my favorite things about New Hampshire. There are all kinds of recreation, beautiful landscapes, charming small towns, and bustling big cities.
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Miss Fortune is getting updated skin splash art and they're saucy

Miss Fortune is the latest champion to receive a splash art update, though it's just her skin splash art for now. She's getting updated versions of the art for her older skins, including Cowgirl, Waterloo, Secret Agent, Candy Cane, Road Warrior and Mafia. (Wow, that's a lot of skins.) Her Arcade, Captain
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Home equity hits record high, and here's how homeowners are spending it

Homeowners are racking up record amounts of home equity, thanks to fast-rising values in today's competitive housing market. No surprise, more people are now starting to tap that cash. What are they spending it on? Mostly making their homes even more valuable. Renovation spending is soaring, and
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Fox close to buying 10 Sinclair TV stations

The “New Fox,” as the leaner entity will be called, is in final negotiations to buy about 10 local television stations from Sinclair Broadcast Group, … National Geographic Partners, Fox Sports Regional Networks, Fox Networks Group International, Star India and Fox's interests in Hulu, Sky plc, Tata Sky and
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Ford Sued by Truck Owners, Adding It to Diesel Defendants

Bloomberg's Craig Trudell reports on the lawsuit against Ford for alleged rigging of diesel truck engines. Ford Motor Co. rigged at least 500,000 heavy-duty trucks to beat emissions tests, drivers claimed in a lawsuit, adding to the tally of carmakers linked to diesel-cheating allegations worldwide that
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10 cities where housing is still a buyer's market

On average, the price of homes in these 10 areas is $297,794, which is $35,330 below the national average and $16,375 lower than what the houses originally listed for. And in all of these markets, the average monthly payment needed to rent a home is rising, making homeownership look more
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Award-Winning Industry Mortgage Experts Join Key Mortgage Services, Inc.

CHICAGO–(BUSINESS WIRE)–Award-winning mortgage experts Fritz Julien and Kevin Napoleon joined Key Mortgage Services, Inc. in November. These industry experts bring almost 30 years of combined experience in loan and mortgage origination. “What we're most proud of looking back at 2017 is
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Exclusive: US Justice Department blindsided banking agency on pot policy flip – sources

The announcement by U.S. Attorney General Jeff Sessions, a longtime critic of legalizing marijuana, caused confusion among banks about how to do business with marijuana growers, processors and distributors without running afoul of federal money laundering laws. The uncertainty unleashed a flood
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Should You Buy Wilmar International Limited (SGX:F34)?

Today we're going to take a look at the well-established Wilmar International Limited (SGX:F34). The company's stock saw significant share price volatility over the past couple of months on the SGX, rising to the highs of SGD3.41 and falling to the lows of SGD3.08. This high level of volatility gives
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Jeans made by kids? People "forget" facts when buying unethical products

An estimated 24.9 million people are victims of forced labour globally, and nearly one in 10 children around the world are victims of child labour, according to the International Labour Organization (ILO) and rights group Walk Free Foundation. However, the blame does not lie solely with consumers, said
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About-Face Tweet on Florida Drilling May Backfire on US Agency

Interior Secretary Ryan Zinke just handed offshore drilling foes ammunition for lawsuits by declaring the Florida coast off limits. Zinke declared he would dial back a proposal to auction drilling rights in as much as 90 percent of U.S. coastal waters less than a week after the plan was unveiled.
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Greta Gerwig Breaks Her Silence About Working With Woody Allen

Lady Bird writer and director Greta Gerwig said she will not work for Woody Allen again, after appearing in his 2012 film To Rome With Love. “If I had known then what I know now, I would not have acted in the film,” she told New York Times columnist Frank Bruni and Molly's Game writer and director
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Diet Coke Gets a Redesign for the LaCroix Generation

Diet Coke is getting a radically new look and some new flavors as Coca-Cola (ko, -0.39%) tries to stop long sales declines stemming from customers' move away from artificially sweetened sodas. In the biggest change to Diet Coke since its launch in 1982, Coca-Cola said on Wednesday that the new
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