Real Estate
  • Housing starts point to growing economic momentum

    Housing starts point to growing economic momentum

    By Jason Lange, Reuters

    WASHINGTON (Reuters) - Groundbreaking to build homes rose in February and permits for construction climbed to their highest level since 2008, signs the housing market recovery is gathering steam. The...

  • Jury indicts former Calpers CEO for fraud scheme

    Jury indicts former Calpers CEO for fraud scheme

    By Reuters

    SAN FRANCISCO (Reuters) - A former chief executive of Calpers, the largest U.S. public pension fund, was indicted on federal conspiracy charges in connection with a scheme to commit fraud, the U.S...

  • Goldman mortgage appeal rejected by Supreme Court

    Goldman mortgage appeal rejected by Supreme Court

    By Jonathan Stempel and Lawrence Hurley, Reuters

    WASHINGTON (Reuters) - Goldman Sachs Group Inc suffered a defeat on Monday as the U.S. Supreme Court let stand a decision forcing it to defend against claims it misled investors about mortgage...

  • China's Xi appointed president, completes rise to the top

    China's Xi appointed president, completes rise to the top

    By Sui-Lee Wee, Reuters

    BEIJING (Reuters) - China's parliament formally elected heir-in-waiting Xi Jinping president on Thursday, completing the country's second orderly political succession since the Communist Party took...

  • Chrysler bankruptcy lawyer is pick for Detroit manager: source

    Chrysler bankruptcy lawyer is pick for Detroit manager: source

    By Steve Neavling, Reuters

    DETROIT (Reuters) - A bankruptcy expert who collected more than $1 million in fees helping to manage Chrysler's restructuring is the top candidate to take over Detroit's purse strings as emergency...