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| April 24, 2018

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How 3% Treasury yields could reshape the investing landscape

April 24, 2018 |

Ten-year Treasury yields sit closer to 3% than at any time in the last four years, prompting investors to dust off their playbooks for how to trade in an era of relatively higher rates.

Rising rates isn’t exactly a new problem for markets — the 10-year yield jumped 30 basis points in January alone…


L.A. Times – Business

Southwest Airlines is inspecting virtually its entire fleet of planes after fatal accident

April 24, 2018 |

In the wake of an in-flight engine failure that killed a Southwest Airlines passenger, the carrier has started ultrasonic inspections covering virtually its entire fleet of more than 700 planes.

The Dallas-based carrier canceled 40 flights over the weekend and an additional 129 flights Monday as…


L.A. Times – Business

Sears’ CEO proposes breaking up the company; his hedge fund offers to buy some pieces

April 23, 2018 |

The hedge fund run by Sears Holdings Corp.’s chief executive has offered to buy Sears’ popular appliance brand Kenmore and other Sears divisions, moving to break up the company after it failed to find other buyers for the assets.

Sears said it received a letter from Edward Lampert’s ESL Investments…


L.A. Times – Business

Southern California home prices jump to a new record high

April 23, 2018 |

Southern California’s median home price jumped 8.4% in March from a year earlier, setting a new all-time high, as hopeful buyers engaged in bidding wars over a limited supply of homes on the market.

The six-county region’s median price for new and resale houses and condos hit $ 519,000 last month,…


L.A. Times – Business