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KKR raises $6.5 billion for asset-backed financing

(Reuters) -Investment giant KKR said on Wednesday it had raised $6.5 billion to provide asset-backed financing, as companies and investors seek o...

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Housing contract activity slumped again in June as buyers remain priced out

Home contract signings slumped more than expected in June, the latest sign that the housing market is still essentially frozen. The Pending Home S...

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