Real Estate
  • Amazon's overseas weakness overshadows strength at home

    Amazon's overseas weakness overshadows strength at home

    By Alistair Barr, Reuters

    SAN FRANCISCO (Reuters) - Amazon.com Inc forecast disappointing income and revenue as it grapples with a weaker international market, overshadowing improving profitability and economic conditions in...

  • Housing Market Gains Even More Muscle

    By Lucia Mutikani, Reuters

    New U.S. home sales vaulted to a five-year high in June, showing no signs of slowing in the face of higher mortgage rates. Other data on Wednesday showed an acceleration in U.S. factory activity this...

  • Detroit bankruptcy case judge proposes mediator for toughest disputes

    Detroit bankruptcy case judge proposes mediator for toughest disputes

    By Reuters

    (Reuters) - The bankruptcy judge overseeing Detroit's historic bankruptcy filing has proposed appointing a federal judge as mediator to hash out the most difficult disputes as the city struggles to...

  • Government may crack down harder on reverse mortgages

    By Mark Miller, Reuters

    CHICAGO (Reuters) - The federal government is getting ready for round two of the Great Reverse Mortgage Crackdown. Earlier this year, the Department of Housing and Urban Development eliminated one of...

  • Detroit manager scores first win over unions in bankruptcy bid

    Detroit manager scores first win over unions in bankruptcy bid

    By Bernie Woodall and Joseph Lichterman, Reuters

    DETROIT (Reuters) - A U.S. bankruptcy court judge on Wednesday dealt a blow to Detroit's public employee unions and pension funds opposed to the city's historic bankruptcy filing by suspending legal...