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Morgan Stanley has agreed to pay $3.2 billion to federal and state authorities to settle charges over financial instruments that contributed to the housing crisis last decade.

Hunter is a former Marine whose district includes a large swath of Southern California east of San Diego.

It has risen about 14 per cent so far this year on expectations that the Fed will slow down its interest rate increases amid global economic volatility.

The downward trend in mortgage rates continued for the sixth consecutive week amid ongoing market volatility, the latest results of Freddie Mac’s Primary Mortgage Market Survey found.

There have been 11 40-degree days since the first of the year, but it will be a while before they return.

Last Week, CDA News reported that Samsung’s ad-blocking app was removed from the Play Store for allegedly violating a section of the Store’s developer agreements.

Honda would not say where the other recalls will be.

But analysts said the prospect of a production cut remained distant, as it was weaker Opec members such as Venezuela, rather than Riyadh, that were pushing for an emergency meeting as soon as this month.

California Attorney General Kamala Harris announced Tuesday that she has filed a lawsuit against Southern California Gas Company, alleging the company failed to report the massive methane leak near Los Angeles in a timely manner. The criminal complaint charges the gas company...

Supply may exceed consumption by an average of 1.75 million barrels a day in the period, compared with an estimate of 1.5 million last month, and the excess could swell if OPEC adds more output, the IEA said.

Honda has now issued another recall to recall back models that was fitted with the problematic Takata airbag. At least two injuries are attributed to the defect. Including the recalls announced February 3, 8.51 million Honda and Acura vehicles in the USA market have been recalled...

But in a letter to customers and shareholders Wednesday, the company said it plans to be profitable in 2016 by non-GAAP measures, and to turn a profit by GAAP measures in the fourth quarter of this year.

Many are hoping oil demand could receive a boost from the low prices.

“I think we want to be careful not to jump to a premature conclusion about what is in store for the USA economy”. But Yellen’s remarks addressed investors’ concerns, said Erik Davidson, chief investment officer for Wells Fargo Private Bank.

It follows widespread criticism of HMRC’s recent £130m tax deal with tech giant Google.