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Tuesday Headlines: CBO and Wall Street differ on direction of interest rates
By Matt Stichnoth,
CNBC.com: The CBO thinks the Fed is going to raise interest rates this year, disagreeing with Wall Street
Bloomberg: PG&E Files for Bankruptcy With More Than $50 Billion in Debt
Wall Street Journal: Plain-Spoken Fed Chairman Sometimes Leaves Markets Confused
Financial Times: Federal Reserve seeks to be steadier guide after market squalls
Wall Street Journal: Cooling Housing Market Prompts Closer Scrutiny of Some Lenders
L.A. Times: Insured losses from California wildfires top $11 billion as claims keep rolling in
New York Post: Sears creditors call Eddie Lampert plan ‘fantasy’
Financial Times: Goldman and BlackRock among winners as Venezuelan bonds surge
Minneapolis Star-Tribune: TCF combines with Chemical Financial; will take TCF name, Detroit HQ
Financial Times: Andrea Orcel plans legal battle with Santander
New York Times: Can Technology Help Fix the Housing Market?