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U.S. markets news

In Europe, a Fed President Urges Quantitative Easing
FRANKFURT - A top official of the Federal Reserve on Tuesday urged the European Central Bank to take more aggressive action to restart growth, warning that the euro area risked becoming mired in the same kind of economic stagnation that has plagued ...
Dollar Lower After Two-Day Drop Versus Euro Before Bernanke  Bloomberg
Bernanke Expected to Deliver Dovish Message - CNBC.com  CNBC.com
Reuters   Related articles »  
Apple CEO Tim Cook, Lawmakers Square Off Over Taxes
WASHINGTON�Apple Inc.'s tax strategies came under harsh scrutiny Tuesday in the Senate, where lawmakers are finding it far easier to call for a simpler tax code than to produce one.
CEO Rejects Claims That Apple Is Avoiding Taxes  New York Times
Apple chief's gamble pays off as criticism remains muted  Financial Times
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Dimon clings to JPMorgan chairman title, after fight
By David Henry. TAMPA, Florida | Tue May 21, 2013 8:02pm EDT. TAMPA, Florida (Reuters) - Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co took an unusual step to fight off investors seeking more oversight of his activities - he hinted ...
Jamie Dimon's Pyrrhic Victory  New York Times
Dimon performance well choreographed  Financial Times
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Buffett, With His Magic Touch, May Be Irreplaceable
Acquisitions usually come with a nice premium for the seller. But when Warren E. Buffett is the buyer, there is typically something of a discount.
Buffett Jets Chief Says US Leads Private-Flight Rebound  Bloomberg
Wells Fargo overtakes Coke as Buffett's favorite  MarketWatch
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Markets Gain on Remarks by a Fed Official
Stocks moved higher on Tuesday, with Home Depot at a record high and buoying the blue chips, while investors awaited Congressional testimony from the Federal Reserve chairman, Ben S. Bernanke, on Wednesday.
US STOCKS-Dow, S&P end at records on Fed officials' reassurance  Reuters
Home Depot Profit Tops Estimates as Housing Market Gains  Bloomberg
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Fannie Mae Said to Plan $2 Billion CMBS Offering to Cut Holdings
Fannie Mae plans to sell $2 billion of commercial-mortgage bonds issued before the credit market seizure as it seeks to reduce holdings of illiquid assets, according to three people familiar with the offering.
Fannie Mae, Freddie Mac 2013 bill sale calendar  Reuters
Fannie Mae Sees Economic Growth Accelerating in Second-Half of Year  Wall Street Journal
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NY official: Airbnb stay illegal; host fined $2,...
An administrative law judge decides that a man leasing a condo broke New York's laws after he rented out part of his home on Airbnb.
New York City issues $2400 fine for renting on Airbnb, but the law is still ...  The Verge
Airbnb rentals ruled illegal in New York City  Los Angeles Times
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Mortgage settlement brings relief to 25K in Illinois
More than 25,000 Illinois residents have received approximately $1.8 billion from the landmark national mortgage settlement, but servicer compliance with the pact remains an issue for several companies, according to a report from the settlement's ...
Massachusetts homeowners have received more than $610m in help from ...  Boston Globe
Floridians get nearly $9 billion in mortgage relief  Palm Beach Post
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Ex-Goldman exec seeks retrial in NY
NEW YORK - A lawyer for a former board member at Goldman Sachs and Procter & Gamble Co. has told an appeals court that his client deserves a new trial.
Court Hears Appeal of Ex-Director of Goldman  New York Times
Rajat Gupta to appeal insider trading ruling  Times of India
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Sprint Bid Down to the Clearwire
On Tuesday, Sprint Nextel raised its offer for the 49% of the wireless Internet provider it doesn't already own to $3.40 a share.
Sprint Raises Offer for Clearwire  New York Times (blog)
Clearwire investors aim to force Sprint to sweeten bid  Reuters
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