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>> THE NEW YORK TIMES Latest News

5 HOURS AGO - Zero Hedge

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RX For Revisionist Bunkum: A Lehman Bailout Wouldn’t Have Saved The Economy

Submitted by David Stockman via Contra Corner blog, Here come the revisionists with new malarkey about the 2008 financial crisis. No less august a forum than the New York Times today carries a front page piece by journeyman financial reporter James Stewart suggesting that Lehman Brothers was solvent; could and should have been bailed out; and that the entire trauma of the financial ...

Tags: RX For Revisionist Bunkum: A Lehman Bailout Wouldn’t Have Saved The Economy,  The New York Times Latest News

8 HOURS AGO - Business Insider

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Mercer Cuts Ratings On Pimco Funds, More Outflows Could Follow

By Luciana Lopez and Jennifer AblanNEW YORK (Reuters) - Influential pension consultant Mercer Investment Management has downgraded its ratings on five Pimco funds, possibly triggering another wave of institutional investor outflows from the Newport Beach, California, bond fund manager.It was the latest blow after Morningstar downgraded its analyst rating on the flagship Pimco Total Return Fund to "bronze" from "gold" ...

Tags: Mercer Cuts Ratings On Pimco Funds, More Outflows Could Follow,  The New York Times Latest News

10 HOURS AGO - Business Insider

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Now There Are Only Nine US Restaurants With Three Michelin Stars

Michelin released its 2015 ratings for New York City today, and only six restaurants received a highly coveted three-star rating. Daniel Boulud's Daniel, which had received three stars for each of the past five years, lost a star in the new guidebook. That means there are just nine restaurants in the U.S. with top ratings from the prestigious guide, which ...

Tags: Now There Are Only Nine US Restaurants With Three Michelin Stars,  The New York Times Latest News

12 HOURS AGO - Benzinga

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U.S. Real Estate Right on Track with New Record Gains

The U.S. housing market is back on track due to a surge in single-family home sales, several media reports said. Citing data from the Commerce Department, Tulsa World and The New York Times reported that new home sales soared 18 percent in August to a seasonally adjusted yearly rate of 504,000 units.

Tags: U.S. Real Estate Right on Track with New Record Gains,  The New York Times Latest News

12 HOURS AGO - Huffington Post

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David Perdue Tidies Up Economic Message For Georgia Voters

WASHINGTON -- Georgia GOP Senate candidate David Perdue has touted his background as a businessman in his race against Democrat Michelle Nunn, arguing that his experience in the private sector makes him better qualified to take on America's economic problems. But lines that work well before a business audience don't always play well with other voters, as Perdue apparently has ...

Tags: David Perdue Tidies Up Economic Message For Georgia Voters,  The New York Times Latest News