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At Issue: U.S. Housing Sector

U.S. Home Prices Rose in May, Aided By Seasonal Factor

Home prices in 20 major U.S. cities rose 1.0 percent in May, Case-Shiller announced Tuesday, as the sector benefited from the arrival of the warmer months -- historically a period when home sales rise. Still, the housing sector remains sluggish, and several more monthly rises will be necessary to conclude that a recovery is underway.
Luz Heurtelou and Nastassia Heurtelou

Gay Weddings in New York: 10 Most Loving Pictures

New York City issued 659 marriage licenses yesterday and volunteer judges married 484 couples, gay and straight, according to a news release from Mayor Michael Bloomberg's office. "Today, surrounded by family and friends, you are making history," Bloomberg said as he presided over the wedding of two aides at Gracie Mansion, his official residence. The marriage-rights victory, which Governor Andrew Cuomo orchestrated and which and made headlines worldwide, more than doubled the number of...
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Asia shares up, investors calm on US debt deadlock

Asian shares edged higher on Tuesday, bouncing back from a slide the previous day, after U.S. stocks posted only modest losses in reaction to the worsening deadlock in Washington over raising the debt limit and avoiding a technical bond default.
NAACP President and CEO Benjamin Todd

NAACP head likens voter ID measures to Jim Crow

The head of the nation's oldest and largest civil rights group on Monday condemned state laws requiring photo identification of voters as an attempt to disenfranchise minorities through some "of the last existing legal pillars of Jim Crow."
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TI forecasts modest third quarter

Texas Instruments Inc gave a lukewarm outlook for the current quarter, suggesting that back-to-school sales of computers and other consumer electronics would be weaker than normal.
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U.S. airlines raise fares to scoop up tax lapse

Many U.S. airlines raised fares in recent days to take advantage of a drop-off in U.S. ticket tax collection after Congress failed last week to fully fund the Federal Aviation Administration budget, but passengers will likely not notice any price difference.
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Considering Airbnb: 5 Things to Look Out for

Room rental service Airbnb has steadily gained in popularity, but still hasn't worked out all the kinks in its service. IBTimes takes a look at five of the biggest reasons to be weary using Airbnb.

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