Low risk appetite in Europe bucks global trend

Investor confidence rose around the globe rose this month apart from in Europe, where concerns over a sovereign debt crisis continued to depress risk appetite, according to the latest State Street Investor Confidence Index.

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Fed’s Brainard for Treasury Secretary?

Fed Governor Lael Brainard, who started her public career in the 1990s as an economic advisor to President Bill Clinton and served in the Obama administration, is the leading candidate for Treasury Secretary, Bloomberg says.

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3d rendering of a row of luxury townhouses along a street

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