Real Estate
  • Yellen clears first Senate hurdle to become next Fed chair

    Yellen clears first Senate hurdle to become next Fed chair

    By Alister Bull and Margaret Chadbourn, Reuters

    WASHINGTON (Reuters) - The Senate Banking Committee on Thursday approved Janet Yellen's nomination to become the first woman to lead the Federal Reserve, sending it to the full Senate for a final...

  • Yellen takes big step toward becoming next Fed chair

    Yellen takes big step toward becoming next Fed chair

    By Alister Bull and Margaret Chadbourn, Reuters

    WASHINGTON (Reuters) - Federal Reserve Vice Chair Janet Yellen moved closer on Thursday to becoming the first woman to lead the U.S. central bank after a Senate committee backed her nomination and...

  • U.S. retail sales signal rise in demand; inflation tame

    U.S. retail sales signal rise in demand; inflation tame

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - A gauge of U.S. consumer spending rose more than expected in October as households bought a range of goods, suggesting upside momentum in the economy early in the fourth...

  • Home sales fall as prices rise

    Home sales fall as prices rise

    By Reuters

    WASHINGTON (Reuters) - U.S. home resales fell in October to their lowest since June due to an inventory shortage and high property prices that have dampened buying power. The National Association of...

  • JPMorgan agrees $13 billion settlement with U.S. over bad mortgages

    JPMorgan agrees $13 billion settlement with U.S. over bad mortgages

    By Karen Freifeld and Aruna Viswanatha and David Henry, Reuters

    NEW YORK/WASHINGTON (Reuters) - In late September, JPMorgan Chief Executive Jamie Dimon walked into the office of U.S. Attorney General Eric Holder. "We're willing to take our lumps," he said,...