Fortress Comes to the Aid of a Friend in Need

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Mount Kellett Capital Management LP, a $5 billion investment firm co-founded by former Goldman Sachs star Mark McGoldrick, is calling on a friend for help.

Yellen: Fed on Track to Raise Rates This Year

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Federal Reserve Chairwoman Janet Yellen said the central bank is on track to raise interest rates this year but will likely proceed cautiously.

Yellen: Fed on Track to Raise Rates This Year

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Federal Reserve Chairwoman Janet Yellen said the central bank is on track to raise interest rates this year but will likely proceed cautiously.

Greece and Creditors Struggle for Elusive Deal

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The looming prospect that Athens won’t be able to meet IMF debts due in mid-June is spurring dire scenarios—but little progress at the table.

Behind the Rise and Fall of BlackBerry

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“Losing the Signal” tells the inside story of Research In Motion’s efforts to take on the iPhone. Read an excerpt.

Senate Approves Fast-Track Trade Legislation

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The Senate passed major trade legislation, 62-37, that would pave the way for President Barack Obama’s signature Pacific trade deal, sending the bill toward an uncertain fate in the House.

Senate Approves Fast-Track Trade Legislation

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The Senate passed major trade legislation, 62-37, that would pave the way for President Barack Obama’s signature Pacific trade deal, sending the bill toward an uncertain fate in the House.

This Week: News Digest

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Items of interest to investors.

Clean-Coal Power Plant Loses Steam

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The future of the most expensive fossil-fuel power plant built in the U.S. is facing new pressures after a Mississippi utility backed out of its commitment to help pay for the clean-coal project.

A Home Buyer's Guide to a Seller's Market

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House prices are rising and bidding wars are breaking out in many markets. Here’s how to get what you want without overpaying.

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