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U.S. markets news

Justice Department Investigates 2012 Leak of Fed Policy Debate
The U.S. Department of Justice has joined an investigation into a leak of confidential Federal Reserve information in 2012, escalating a probe that has drawn scrutiny from members of Congress in both parties.
US Fed's Yellen says met firm at heart of leak probes  Reuters
Justice Department Conducting Criminal Investigation of Leak at Federal Reserve  New York Times
Washington Post  
Buffett predicts reinsurance market �slump�
Warren Buffett, chairman of Berkshire Hathaway and Forbes' 3rd richest billionaire in the world, told shareholders that he foresees a �slump� in the reinsurance market over the next 10 years as new investors continue to enter the market, according to ...
Schafer: In the crowd to hear Buffett and Munger  Minneapolis Star Tribune
Cramer Remix: Where Buffett made the biggest impact  CNBC
Asian shares tread water ahead of Australia rate decision
HONG KONG (Reuters) - Asian markets edged lower on Tuesday and the Australian dollar steadied as investors stayed on the sidelines ahead of a Reserve Bank of Australia policy decision that might result in an interest rate cut.
Asia shares edge up, Australia rate decision looms  Channel News Asia
Global Markets: Asia shares edge up, Australia rate decision looms  GMA News
Comcast's Broad Appeal for Investors
At Comcast, CMCSA 0.63 % the scales of video versus broadband have finally tipped. That shouldn't unbalance profitability. Its quarterly results beat expectations Monday, and the cable giant boosted its buyback program by $2.5 billion.
Comcast reports revenue gain
Internet customers surpass video subscribers at Comcast  The Seattle Times
Inflation Expectations Tick Up
Inflation expectations are picking up again, as a rebound in oil prices helps ease an early-year deflation scare. Measures tracked by the Federal Reserve and the European Central Bank have risen to the highest levels since December.
Fed not likely to increase US rates until September  Irish Examiner
Fed's Evans: rate hikes could start sooner, if kept slow  Reuters
Big shoes to fill for Cisco's new chief
John Chambers' exit as chief executive of Cisco will leave only Amazon's Jeff Bezos as a big tech company boss who has continued in that role since the last dotcom boom and bust.
Cisco CEO John Chambers retires and becomes executive chairman  Contra Costa Times
John Chambers Steps Aside at Cisco as Generational Shift Arrives  New York Times
Pimco bond fund no longer world's biggest after Bill Gross' jump to Janus
May 4 -- Two years of client withdrawals at Pimco's flagship have cost it the title of the world's biggest bond mutual fund.
Pimco Total Return loses crown as world's largest bond fund  InvestmentNews
Pimco Total Return Fund Loses World's Biggest Bond Fund Title  Fox Business
Fees and Low Fuel Prices Keep Airline Profits Rising
The Transportation Department said Monday that airlines collected $3.5 billion in bag fees last year, a 5 percent increase over 2013, and $3 billion in reservation-change fees, up 6 percent.
Airports rap airlines on bag fees  The Hill
Airlines bring in more money from fees  The Virginian-Pilot
McDonald's restructuring plan leaves investors feeling hungry
McDonald's turnaround strategy, announced on Monday by new Chief Executive Steve Easterbrook, raised more questions than it answered about the future of the one-time infallible Golden Arches chain.
McDonald's turnaround plan: slimmer operations, and menu (+video)  Christian Science Monitor
Market expects more from McDonald's turnaround  The Detroit News
Penn State Study Details Trace of Fracking Fluid in Water Well
A new study says toxic fluids used in drilling and hydraulic fracturing likely escaped an unlined borehole and migrated thousands of feet into a residential drinking-water well in Pennsylvania.
Traces of Fracking Chemicals Found in Pennsylvania Drinking Water  Slate Magazine (blog)
Marcellus Shale Extraction Fluids Discovered in 3 Water Samples  Bloomberg