Two Rhode Island communities will be allowed to use about $70 million forfeited by Google Inc. to fix their police pension shortfalls, funding them almost fully.
Shares of Tenet Healthcare Corp. rose to their highest point in nearly seven years Friday on hopes that the hospital operator will benefit from coverage expansions under the health care overhaul.
The flow of cash into stock mutual funds during the first week of 2013 was the largest in more than 11 years, stirred in part by the 'fiscal cliff' deal.
Bill Gross's advice: "You should avoid (long-term bonds), and confine your maturities and bond durations to short/intermediate targets supported by Fed policies."