Dan Burns

Sterling purchase of the Clippers among top investments in memory

August 25, 2021 at 4:44 a.m.

NEW YORK (Reuters) - In 1981, Donald Sterling laid out about $12.5 million for a National Basketball Association franchise - a perennial basement dweller then called the San Diego Clippers....

New York Fed threatens new rules to stop repo-market fire sales

August 25, 2021 at 1:21 a.m.

NEW YORK (Reuters) - The banks and big funds in a key short-term funding market have not even begun to address the risk of destabilizing "fire sales," and the lack...

Foreign central banks dump U.S. debt in latest week: Fed

August 25, 2021 at 12:54 a.m.

NEW YORK (Reuters) - Foreign central banks slashed their holdings of U.S. debt stored at the Federal Reserve by the most in seven months during the past week, leaving these...

Insight: JCPenney’s 100-year bonds swoon amid retailer’s turmoil

August 24, 2021 at 7:14 p.m.

(Reuters) - It was a "century" deal, but in hindsight it was hardly the deal of the century. More than 17 years and a dozen credit downgrades ago, JCPenney Co...

Pimco’s Gross: ‘Gut feeling’ that bond bull run is done

August 24, 2021 at 2:50 p.m.

NEW YORK (Reuters) - Circle the date, market mavens: April 29, 2013. AKA, the day the bond bull died. Age 31 years, 7 months. That, at least, is the call...

Local group takes on gun violence in wake of Newtown massacre

August 24, 2021 at 2:09 a.m.

NEWTOWN, Connecticut (Reuters) - Relatives and neighbors of children killed in the elementary school massacre in Newtown, Connecticut, one month ago launched an initiative on Monday to help curb gun...

Aurora shooting victim’s mother grieves with Newtown families

August 24, 2021 at 2:15 a.m.

NEWTOWN, Connecticut (Reuters) - Sandy Phillips began her journey of grief nearly six months ago, and on Monday it brought her to the New England community of Newtown, still shattered...

Aurora shooting victim’s mother grieves with Newtown families

August 22, 2019 at 1:09 p.m.

NEWTOWN, Connecticut (Reuters) - Sandy Phillips began her journey of grief nearly six months ago, and on Monday it brought her to the New England community of Newtown, still shattered...

Local group takes on gun violence in wake of Newtown massacre

August 22, 2019 at 1:07 p.m.

Woman charged with buying guns for NY firemen killer

August 24, 2021 at 1:21 a.m.

(Reuters) - A 24-year-old Rochester, New York-area woman illegally supplied two of the firearms used in the Christmas Eve sniper deaths of two volunteer firefighters who were responding to a...

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