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Most Americans Back 'Buffet Tax': REUTERS/IPSOS

Nearly two-thirds of Americans support imposing a minimum tax rate of 30 percent on those who earn $1 million or more a year, according to Reuters/Ipsos poll results released on Tuesday. The poll showed that 64 percent of those surveyed favored a "Buffett tax" as proposed by the Obama administration and named for multibillionaire investor Warren Buffett, who backs it.

Fed Stress Test Results: Citi, SunTrust Fail, JP Morgan Passes

Citigroup Inc., the third-largest U.S. bank, and SunTrust Banks Inc. failed the Federal Reserve's latest stress test because they lack enough capital to endure a hypothetical shock to the U.S. economy, the central bank said Tuesday.

China PBOC Urges Lending to First-home Buyers

The People's Bank of China (PBOC), the central bank, said Monday thatcommercial banks should put in place a differentiated credit policy to guarantee housing loansto qualified first-home buyers.