Edition:
United States

Edward Krudy

Low investment returns taking a toll on U.S. pension funds

Aug 04 2016

SAN FRANCISCO/NEW YORK, Aug 4 For the second straight year, U.S. public pension funds have fallen well short of their investment targets, swelling their vast unfunded liabilities and placing a greater burden on municipalities to offset the underperformance through increased contributions, estimates show.

Detroit prices first GO bonds since bankruptcy

Jul 28 2016

NEW YORK Detroit on Thursday sold its first general obligation bonds since exiting bankruptcy in 2014, lured back into the market to refund debt by near-record low interest rates and high demand from investors.

Justice Department opens criminal probe into black Louisiana man's death

Jul 08 2016

BATON ROUGE, La. The U.S. Justice Department has opened a criminal investigation into the fatal police shooting of a black man in Louisiana's capital, the state's governor said on Thursday, as two deadly encounters between law enforcement and black men triggered protests in the United States. | Video

Justice Department opens criminal probe into black Louisiana man's death

Jul 07 2016

BATON ROUGE, La. The U.S. Justice Department has opened a criminal investigation into the fatal police shooting of a black man in Louisiana's capital, the state's governor said on Thursday, as two deadly encounters between law enforcement and black men triggered protests in the United States.

Baton Rouge protest remains peaceful as demonstrators call for justice

Jul 07 2016

BATON ROUGE, La. Hundreds of protesters stood vigil early on Thursday outside a convenience store in Baton Rouge, Louisiana, demanding the prosecution of police who fatally shot a black man there two days earlier.

Baton Rouge protest remains peaceful as demonstrators call for justice

Jul 07 2016

BATON ROUGE, La., July 7 Hundreds of protesters stood vigil early on Thursday outside a convenience store in Baton Rouge, Louisiana, demanding the prosecution of police who fatally shot a black man there two days earlier.

Global government bond yields sink as world markets eye central bank action

Jul 01 2016

NEW YORK Global stock markets climbed for a fourth day and government bond yields around the world hit their lowest levels in years on Friday, driven by the prospect of further cuts in interest rates and more central bank bond buying to support weak economies.

Bond yields sink as markets eye central bank action

Jul 01 2016

NEW YORK Global stock markets climbed for a fourth day and government bond yields around the world hit their lowest levels in years on Friday, driven by the prospect of further cuts in interest rates and more central bank bond buying to support weak economies. | Video

Global stocks rise, bond yields subdued as more stimulus eyed

Jun 30 2016

NEW YORK World stocks rose for a third straight day and bond yields hovered near record lows as investors expected additional stimulus measures from central banks in the wake of Britain's vote to leave the European Union and as the Bank of England raised the prospect of bond buying this summer. | Video

Equities rise, bond yields subdued as more stimulus seen

Jun 30 2016

NEW YORK World stock markets rose for a third day and bond yields hovered around record lows as investors expected more stimulus from central banks in the wake of Britain's vote to leave the EU and as the Bank of England raised the prospect of bond buying this summer.

World News