Real Estate
  • Stockton, California to file for bankruptcy

    Stockton, California to file for bankruptcy

    By Jim Christie, Reuters

    STOCKTON, California (Reuters) - Stockton, California will become the largest U.S. city to seek protection from its creditors after its leaders approved a budget on Tuesday night based on the city...

  • Insight: Evidence suggests anti-foreclosure laws may backfire

    Insight: Evidence suggests anti-foreclosure laws may backfire

    By Tim Reid, Reuters

    (Reuters) - State and federal laws enacted to protect homeowners from eviction in the wake of the 2008 housing crash may be extending the slump, according to a growing number of economists and...

  • Court upholds EPA's greenhouse gas rules

    By Ayesha Rascoe, Reuters

    WASHINGTON (Reuters) - A U.S. appeals court on Tuesday upheld the first-ever U.S. proposed rules governing heat-trapping greenhouse gases, clearing a path for sweeping regulations affecting vehicles...

  • Italy offers state aid to world's oldest bank

    By Silvia Aloisi, Reuters

    SIENA, Italy (Reuters) - Italy offered up to 2 billion euros on Tuesday to plug a capital gap in the bank Monte dei Paschi di Siena, the second time in three years the cash-strapped state has had to...

  • Italy sets aside funding for Monte Paschi bank

    By Giuseppe Fonte and Stephen Jewkes, Reuters

    ROME/MILAN (Reuters) - Italy agreed on Tuesday to help Banca Monte dei Paschi di Siena plug a capital gap of between 1.3 to 1.7 billion euros, the first state aid offered to an Italian bank since the...