Real Estate
  • Dumping the Mortgage Tax Break Can Cost, Not Give

    By Knowledge Wharton, Knowledge@Wharton

    The mortgage interest deduction, considered by many to be the sacred cow of tax breaks, has joined the list of possible items on the chopping block in the growing debate between President Obama and...

  • Cliff Stalemate Takes a Huge Toll on Manufacturing

    By Edward Krudy, Reuters

    Manufacturing unexpectedly contracted in November to its lowest level in more than three years, as companies worried about whether lawmakers in Washington could reach a budget deal in time avert a...

  • Fed officials laud stimulus, quibble over future plans

    Fed officials laud stimulus, quibble over future plans

    By Jonathan Spicer and Alister Bull, Reuters

    NEW YORK/LITTLE ROCK, Arkansas (Reuters) - Central bankers appear satisfied with the impact of their latest monetary stimulus, though there is some disagreement over how forcefully to continue...

  • Fed's Bullard urges smaller bond buys to replace Twist

    Fed's Bullard urges smaller bond buys to replace Twist

    By Alister Bull, Reuters

    LITTLE ROCK, Arkansas (Reuters) - The Federal Reserve could replace its expiring Operation Twist with a smaller program of outright Treasury purchases and still give the same boost to the economy, a...

  • Manufacturing contracts to weakest in three years

    Manufacturing contracts to weakest in three years

    By Edward Krudy, Reuters

    NEW YORK (Reuters) - Manufacturing unexpectedly contracted in November to its lowest level in more than three years, as companies worried about whether lawmakers in Washington could reach a budget...