Real Estate
  • Analysis: Gambling revenue at heart of Detroit's dilemmas, new and old

    Analysis: Gambling revenue at heart of Detroit's dilemmas, new and old

    By Karen Pierog and Joseph Lichterman, Reuters

    CHICAGO/DETROIT (Reuters) - For Detroit, the road in and out of U.S. bankruptcy court is paved with casino money. An economic lifeline, wagering tax revenue from the city's three casinos is at the...

  • Morgan Stanley profit beats estimate; raises margin target

    Morgan Stanley profit beats estimate; raises margin target

    By Lauren Tara LaCapra and Tanya Agrawal, Reuters

    (Reuters) - Morgan Stanley posted stronger-than-expected fourth-quarter results, as its retail brokerage and asset management businesses won more assets from clients and benefited from rising stock...

  • U.S. industry shows muscle in late 2013

    U.S. industry shows muscle in late 2013

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - U.S. industrial output rose at its fastest clip in 3-1/2 years in the fourth quarter as factory activity closed out the year on a strong note, a sign of the economy's...

  • Amid bridge scandal, Gov. Christie seeks road to bipartisanship

    Amid bridge scandal, Gov. Christie seeks road to bipartisanship

    By Victoria Cavaliere, Reuters

    TRENTON, New Jersey (Reuters) - New Jersey Governor Chris Christie turned to themes of small but compassionate government and bipartisan cooperation in his second inaugural address on Tuesday, making...

  • A Rosy Outlook for Home Remodeling

    The double-digit gains in home remodeling activity are expected to continue for the first half of 2014, before slowing to just under 10 percent in the third quarter, according to the latest leading...