Sept. 4 (Bloomberg) — MetLife was tentatively categorized as a systemically important financial institution by a panel of regulators, which would subject it to stricter Federal Reserve supervision. Trish Regan and Julie Hyman report on “Street Smart.” (Source: Bloomberg)
What’s News: Mortgage rates fell for third week in a row to lowest levels of the year. Federal judge rules BP was grossly negligent in 2010 Deepwater Horizon disaster. Archeologists unearthed a new species of dinosaur, Dreadnoughtus, a 65-ton creature. Joanne Po reports. Photo: Getty Images
GMO’s Ben Inker explains that your 401(k) return is based on market performance, not risk tolerance. Plus: He makes the case for market timing, based on the cyclically adjusted valuation of the stock market.
Amateur video footage shows a Libyan military plane allegedly crashing in the town of Tobruk.
Sept. 3 (Bloomberg) — While U.S. economy expanded in July and Aug., no region experienced a distinct shift in the pace of growth and employment/wage/price trends were relatively unchanged, according to the Feds Beige Book report. Peter Cook reports on “Bottom Line.” (Source: Bloomberg)
European markets are broadly higher following the confirmation that Russia and Ukraine have agreed to discuss a cease-fire between Ukrainian forces and pro-Russian rebels fighting in eastern Ukraine. WSJ’s Polya Lesova joins Simon Constable on the News Hub to discuss. Photo: Getty
Protesters and police continue to clash in Pakistan
Thailand’s second-largest budget carrier, Nok Airlines, said on Monday it expected its net loss in the third quarter will be lower than the second and aims to make profit in the fourth quarter due to rising passenger numbers. Chief executive Patee Sarasin told reporters, Nok Airlines’s average cabin factor, the...
A recent storm in Massachusetts has residents wondering
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