Real Estate
  • Washington Navy Yard

    Washington Navy Yard: What Is It?

    By Jon Terbush, TheWeek.com

    The site of a deadly mass shooting Monday is the oldest military establishment in the country.

  • Banks to get third-quarter profit boost from dipping into reserves

    Banks to get third-quarter profit boost from dipping into reserves

    By Peter Rudegeair and Carrick Mollenkamp, Reuters

    (Reuters) - Top U.S. banks will get billions of dollars of extra profit this quarter from the money they set aside in tougher times to cover bad loans. Banks including JPMorgan Chase & Co, Wells...

  • California city backs plan to seize negative equity mortgages

    By Jim Christie, Reuters

    RICHMOND, Calif (Reuters) - Richmond, California's leaders approved on Wednesday morning a plan for the city to become the first in the nation to acquire mortgages with negative equity in a bid to...

  • U.S. wants to seize assets tied to Russian tax refund scheme

    U.S. wants to seize assets tied to Russian tax refund scheme

    By Bernard Vaughan, Reuters

    NEW YORK (Reuters) - U.S. authorities are looking to seize luxury apartments and other property they say Russian companies used to launder proceeds from a $230 million tax fraud. The scheme was...

  • Investors bullish ahead of Apple iPhone launch

    Investors bullish ahead of Apple iPhone launch

    By Poornima Gupta and Doris Frankel, Reuters

    SAN FRANCISCO/CHICAGO (Reuters) - Investors are hoping that Apple Inc will unleash some of its old magic when it takes the wraps off its latest iPhone on Tuesday, with many building bullish share and...