Real Estate
  • Bernanke says Fed stimulus benefits clear, downplays risks

    Bernanke says Fed stimulus benefits clear, downplays risks

    By Pedro da Costa and Alister Bull, Reuters

    WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's monetary stimulus before Congress on Tuesday, easing financial market worries over a possible...

  • Exclusive: Bankrupt San Bernardino picks twice bankrupt manager

    Exclusive: Bankrupt San Bernardino picks twice bankrupt manager

    By Tim Reid, Reuters

    LOS ANGELES (Reuters) - The bankrupt city of San Bernardino has hired a new city manager who, according to court filings, has twice declared personal bankruptcy and was recently ousted from the board...

  • Fed officials point to fiscal benefits of bond buying

    Fed officials point to fiscal benefits of bond buying

    By Jonathan Spicer and Pedro da Costa, Reuters

    NEW YORK (Reuters) - Two top Federal Reserve officials offered a fresh defense of the U.S. central bank's asset-buying program on Friday, arguing that it helps the nation's fiscal health by boosting...

  • Existing home sales edge higher, inventory at 13-year low

    Existing home sales edge higher, inventory at 13-year low

    By Reuters

    WASHINGTON (Reuters) - U.S. home resales edged higher in January and left the supply of homes at its lowest level in 13 years, a sign that steam is gathering in the U.S. housing market. The National...

  • Jobs, factory, inflation data favor easy Fed policy

    Jobs, factory, inflation data favor easy Fed policy

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - A raft of U.S. economic data on Thursday from claims for jobless aid to factory activity and consumer prices pointed to a still tepid recovery and supported the argument for...