After years in the doldrums, European banks have cleaned up their balance sheets. The result: Stock prices have surged.
After Russian troops stormed into the country two years ago, Ukraine’s lenders said Kyiv could wait to pay them back. Now, their patience is starting to run out.
The political conflict over socially conscious finance has Wall Street heavyweights pulling back in Texas, the nation’s top issuer of state and local debt, with $42 billion last year.
The legendary investor praised the iPhone maker at his annual meeting in Omaha, Neb., even after revealing that Berkshire had slashed its stake in the first quarter.
The services sector has cooled as consumers have pulled back, putting rate cuts back on the table.
The $500,000 exemption for home sales hasn’t changed since 1997.
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