Pending Home Sales Highest in Decade

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The number of homes that went under contract in April to be sold climbed to the highest level in over 10 years, a sign the housing market is gaining traction and supported by steady job creation and historically low interest rates.

U.S. Jobless Claims Fall for Second Straight Week

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The number of Americans applying for unemployment checks fell last week, suggesting employers continue to expand modestly and the labor market in the world’s largest economy remains strong.

Takata Explores Investment Possibilities With KKR, Others

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A steering committee for Takata, the troubled Japanese air-bag maker, has interviewed several private-equity funds and companies, including U.S. investment fund KKR & Co., about a possible investment.

Telstra's Autohome Revolt Could Delay Goodies for Shareholders

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Telstra’s plans to boost shareholder returns have been complicated by a lawsuit to stymie its stake sale in Autohome, a Chinese car-buying website.

Don't Jump on This Chinese Peer-to-Peer Bandwagon

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Shares in Chinese peer-to-peer lender Yirendai have more than tripled in a few months. But that just raises questions about the risks the company takes on.

Alibaba SEC Probe: The Red Flags Fly Higher

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Alibaba’s revelation that it is being investigated for accounting practices hammers home for investors risks about the company.

Hewlett Packard and Microsoft: Why Focus Is In, Scale Is Out

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Downsizing at big tech companies is a cautionary tale that size doesn’t always win.

Fed Survey Finds Improvement in Household Finances

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Most Americans reported their household finances mildly improved last year, but nearly half said they would struggle to cover a $400 expense in an emergency.

Greece and Europe: Why the Deal Is Good Enough for Now

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The Eurogroup deal with Greece at least puts relations on a more normal footing, although it doesn’t provide a long-term solution.

Auto, Mortgage Delinquencies Rise in Energy Regions

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The New York Fed’s quarterly report on household debt and credit found rising auto and mortgage delinquencies in the U.S. counties that had the highest employment in the oil and gas industry, even as the national picture continues its gradual improvement.

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