NEW YORK (AP) — For investors, 2010 was a 12-month tug of war between optimism and doubt. Stocks initially strengthened, the job market didn’t, and fears of economic collapse in Europe and a chilling “flash crash” left many investors almost too stunned to act….
Bonds’ dramatic year sets stage for higher rates
NEW YORK (AP) — It was a dramatic ride for bonds and the mortgage market in 2010 as an economic crisis in Europe and wonky concepts like “quantitative easing” helped push down yields to levels not seen since the 1950s….
Baltic state of Estonia adopts the euro
TALLINN, Estonia (AP) — The Baltic state of Estonia early Saturday became the 17th European Union member to adopt the joint European currency, the euro….