Real Estate
  • California governor signs budget, closing deficit

    California governor signs budget, closing deficit

    By Reuters

    SAN FRANCISCO (Reuters) - California Governor Jerry Brown on Wednesday signed a state budget passed hours earlier by lawmakers for the fiscal year beginning on July 1 that closes a $15.7 billion...

  • Stockton, California, to file for bankruptcy

    Stockton, California, to file for bankruptcy

    By Jim Christie, Reuters

    STOCKTON, California (Reuters) - Stockton, California, is expected to file for bankruptcy before the end of the week, becoming the largest U.S. city to seek protection from its creditors. No one in...

  • The Poor: Not As Bad Off As They Once Were?

    A new paper released this week – in which the authors admit they set out to refute much-publicized claims about inequality rocketing higher in recent decades — argues that income is not the best...

  • Pending home sales match two-year high

    Pending home sales match two-year high

    By Reuters

    WASHINGTON (Reuters) - Contracts to purchase previously owned U.S. homes matched a two-year high in May, fueling optimism the housing market is poised for a recovery. The National Association of...

  • Durable goods orders rise, weakness persists

    Durable goods orders rise, weakness persists

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - Demand for long-lasting U.S. manufactured goods rebounded more than expected in May and a gauge of planned business spending increased, but a slowing of growth in the global...