Personal Economics
  • U.S. home prices rise but at slower pace, consumers optimistic

    U.S. home prices rise but at slower pace, consumers optimistic

    By Steven C. Johnson, Reuters

    NEW YORK (Reuters) - U.S. home prices rose in June but the pace of gains cooled, suggesting higher mortgage rates may end up slowing momentum in the housing sector as the year winds down. Separate...

  • Fore! Golf Course Homes Are on the Downswing

    By David Koeppel, The Fiscal Times

    From Palm Springs to Palm Beach, many homes within golf communities are selling far below the peak prices of the 2000s: They haven’t experienced the same rebound as other segments of the housing...

  • Ackman turns back on J.C. Penney, sells entire stake in retailer

    Ackman turns back on J.C. Penney, sells entire stake in retailer

    By Svea Herbst-Bayliss, Reuters

    (Reuters) - Hedge fund manager William Ackman, the biggest shareholder in J.C. Penney Co Inc, said on Monday he had sold his entire stake after his campaign to overhaul the retailer failed. Ackman's...

  • Why Obamacare Will Keep ‘Junk’ Health Insurance

    By Jay Hancock and Julie Appleby, Kaiser Health News

    Consumer Reports calls it “junk health insurance.” A California regulator described them as “skeleton policies.” To an expert from the American Cancer Society, they “are a perfect example of why...

  • The Coming Caregiver Shortage for Aging Boomers

    By Tara Bahrampour, The Washington Post

    Americans should expect an enormous shortage in caregivers for older people in the coming decades, with a dearth of friends and family members available to care for the baby-boom generation as it...