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U.S. money fund assets hit highest since October 2009: iMoneyNet
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U.S. money market funds amassed their highest level of assets since October 2009 as investors shift cash into low-risk products amid worries about a global economic slowdown and trade tensions, a…

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U.S. home refinancing activity hits three-year high: MBA
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U.S. homeowners filed the most applications to refinance their current mortgages in over three years as 30-year borrowing costs slipped to their lowest levels since late 2016, the Mortgage Bankers Association said on Wednesday.

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Moneysaving 101: Four ways to cut college textbook costs
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(The writer is a Reuters contributor. The opinions expressed are his own.)

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DoubleLine's Jeffrey Gundlach says Federal Reserve has lost control
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The Federal Reserve has lost control of interest rates as evidenced by the federal funds rate trading higher than any part of the U.S. Treasury yield curve, Jeffrey Gundlach, the chief executive of…

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Hedge fund manager Kyle Bass sees 'shallow recession' potentially in 2020: CNBC
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Hedge fund manager Kyle Bass told CNBC on Tuesday that he sees a “shallow recession” potentially in 2020, also adding that he thinks U.S. interest rates will follow the global interest rates all the…

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Standard Chartered faces fine for sanctions breaches: Sky News
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Banking group Standard Chartered is facing a fine for failing to prevent sanctions breaches, Sky News reported on Saturday.

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Wall Street ends sharply higher on German stimulus optimism
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U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week.

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Yields rise on German fiscal stimulus hopes
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Benchmark U.S. Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt.

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