U.S. foreclosure activity in April jumped 32 percent from a year ago to a record high, and should mount because temporary freezes on foreclosures ended in March, RealtyTrac said on Wednesday.
Miami is one of the nation’s most well-rounded metropolitan destinations due to its arts scene, shopping, family attractions, and hotspot Miami Beach.
At least 10 people have died after a boat carrying nearly 30 migrants, mostly Haitian, sank off the Florida coast early Wednesday morning.
U.S. foreclosure activity in April jumped 32 percent from a year ago to a record high, and should mount because temporary freezes on foreclosures ended in March, RealtyTrac said on Wednesday.
The U.S. space shuttle Atlantis was hit by a piece of debris that nicked part of its heat shield that caused a 21-inch stretch of nicks, although Nasa said that the damage did not appear to be serious.
Former Federal Reserve Chairman Alan Greenspan said on Tuesday that
Former Federal Reserve Chairman Alan Greenspan said on Tuesday that the seeds of a bottoming in plunging U.S. home markets were becoming visible.
The U.S. space shuttle Atlantis blasted off from its Florida launch pad on Monday just after 2p.m. ET on a mission to repair the Hubble Space Telescope, an important tool for scientists probing the origins of the universe.
Natural gas spot prices rose this week at almost every market location, with increases generally ranging between 10 and 30 cents per million Btu (MMBtu).
Home values in the United States extended their fall in the first quarter, with more than one in five homeowners now owing more on their mortgages than their homes are worth, real estate website Zillow.com said on Wednesday.
Wall Street was poised for a higher open on Wednesday as encouraging signs about the job market offset renewed concern about the health of banks after a source told Reuters stress tests show Bank of America has a $34 billion capital shortfall.
Home values in the United States extended their fall in the first quarter, with almost three in ten homeowners now owing more on their mortgages than their homes are worth, real estate website Zillow.com said on Wednesday.
Zillow issued a correction to its report, and following that this corrects headline and 1st paragraph to say more than one in five homeowners, not almost 3 in 10 homeowners. Corrects paragraph 4 to declining home values left 21.9 percent, not 28.9 percent
Chrysler's car dealership network is on the verge of collapse, a U.S. bankruptcy court heard on Monday, as hundreds of dealerships have closed their doors this year and uncertainty about the company's future is driving consumers away.
Last month in a Boston foreclosure sale, John Hancock Tower Lenders Took, a 65% Haircut In 3 Years . Boston is back in the news today with another foreclosure auction. This time it's condo related, with Chorus Bank in the thick of things.
Vanessa Baug knows as well as anyone how the recession has ushered in a new era of frugality for Americans. Sales at her once-thriving jewelry store have plummeted. Some days she sells nothing.
In recent months the availability of jumbo loans has decreased while the interest rate spread between jumbo rates and ten-year treasuries has widened. These developments are having a negative effect on the housing market.
UBS AG asked a U.S. court on Thursday not to proceed with a high-profile tax evasion case brought against it by the U.S. Internal Revenue Service, saying the case would violate Switzerland's strict bank secrecy laws.
Office Depot Inc posted better-than-expected first-quarter results on Tuesday as cost cuts offset a sharp decline in sales, and the No. 2 U.S. office supplies retailer's shares jumped more than 23 percent.
Office Depot Inc reported a quarterly loss on Tuesday as consumers and small business customers reduced their spending on large ticket items like furniture and computers.
The U.S. Internal Revenue Service is preparing to pursue other foreign banks for allegedly facilitating tax evasion by wealthy Americans following its high-profile case against Switzerland's UBS AG , an IRS official said on Monday.
A college diploma has long been the ticket to a good job, but the deepest economic slump in decades has dampened the dreams of many U.S. college seniors.