INVESTMENT

Oil Populism Vs. Oil Pragmatism As Mexico's Presidential Race Tightens

Cantarell oil rigs
Enrique Peña Nieto has enjoyed a comfortable lead against his rivals for much of the Mexican presidential campaign season. But recent polling suggests his victory isn't as certain as it has appeared, leaving analysts pondering the future of Petroleos Mexicanos, the country's creaky state-owned oil company, should the candidate's main leftist rival win on July 1.
U.S. Treasuries have been hitting historically low yields on a daily basis. Now, Lawrence Dyer, a New York-based rates strategist for British giant bank HSBC says should soon fall to 1.32 percent or lower.

How Low Can They Go? Forecaster Sees T-note Yield Falling To 1.32%

Following a high-volatility period over that past few days that has seen the political situation in Greece worsen, highly disappointing economic data prints in the U.S. and China and -- most prominently -- a surprise banking crisis in Spain, U.S. Treasuries have been hitting historically low yields on a daily basis. Lawrence Dyer, a New York-based rates strategist for British giant bank HSBC says should soon fall to 1.32 percent or lower.
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Asian Shares Dip On China, US Economy Doubts

Asian shares eased Friday, with China's factory activity data and a U.S. jobs report due later in the day making investors cautious as the escalating euro zone debt crisis threatened to further undermine growth worldwide.
US Stocks

3 Dividend-Plus-Growth US Stocks For Jittery Investors

No, you haven?t imagined it: trying to find a decent investment in these volatile financial times is like trying to find a diamond amid ashes. With the aforementioned in mind, here are three dividend plays that may not be diamonds, but they're worthy of consideration.
Rupee

Indian growth weakest in nine years, rupee slides

India's economic growth slumped to its lowest level in nine years in the first three months of 2012, marking a dramatic slide in the fortunes of a country whose economy was boasting nearly double-digit growth before the global recession.
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J.P. Morgan Reported Overhauling Unit With $2B Loss

J.P. Morgan Chase & Co is spinning off the special investments group from its scandal-plagued chief investment office in a bid to overhaul the division that cost the bank more than $2 billion in trading losses this month, the Financial Times reported.
High-Speed Rail

China's Railway Dreams Dashed As Top Official Removed

Graft and debt are crippling China's railway industry and eroding trust in the government's management of a crucial sector of transportation -- and may kill the dream of becoming the world's leader in high-speed trains
Vieques Island, Puerto Rico

Puerto Rico Bets On American Tourists To Repay Debt

Americans have long been in love with Puerto Rico's high-yielding municipal bonds. Now the Caribbean island hopes they will flock to its sand, surf and spanking new resorts to help pay off massive debts.
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Sarah Hughes Won't Get Ice Rink Renamed For Her

Sarah Hughes, who an Olympic gold medal for the U.S. at the 2002 Winter Olympics, won't have the public skating rink in Great Neck, N.Y., renamed in her honor, the Great Neck Park Commission has ruled.

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