| Aug 1, 2013
WASHINGTON — Improving economic data is making the prospects more likely that the Federal Reserve will start tapering its massive bond buying next month, a move that suggests the recovery is on solid ground but that would be likely to roil Wall...
| Jul 31, 2013
| 5:00 AM
WASHINGTON — In an era of unprecedented efforts by the Federal Reserve to bolster the economy, add another first — a highly public campaign to influence the selection of the central bank's next chief.
Supporters of Fed Vice Chair Janet L....
| Aug 22, 2013
| 10:59 AM
Fixed mortgage rates jumped again this week, with Freddie Mac's widely watched survey saying lenders were offering 30-year home loans at an average of 4.58%.
That was up from 4.4% last week and the highest rate Freddie has reported in two years....
| Aug 21, 2013
| 8:44 AM
WASHINGTON -- The Federal Reserve could start reducing its bond-buying program next month, but won't raise its near-zero short-term interest rate until at least 2016 -- a year later than current central bank projections suggest, Pimco Chief Executive...
| Aug 15, 2013
| 5:59 PM
NEW YORK — Encouraging signs for the labor market caused alarm on Wall Street as investors sped up a broad sell-off, fueled by worries the Federal Reserve will soon scale back its stimulus.
Major U.S. indexes closed sharply lower Thursday as yet...
| Jul 30, 2013
| 6:51 AM
Home prices shot up in America’s largest cities in May, according to a closely watched home price index.
The Standard & Poor's/Case-Shiller index of 20 large U.S. cities, released Tuesday, rose 2.4% from April and 12.2% from May 2012.
| Jul 30, 2013
| 7:58 AM
JERUSALEM -- As Israeli and Palestinian peace delegates test the waters in Washington, Israeli Prime Minister Benjamin Netanyahu's government cleared a key hurdle at home Tuesday when it adopted a budget that staves off the possibility of a government...
| Sep 6, 2013
| 9:05 PM
WASHINGTON — Policy changes by two of the biggest players in the mortgage market could open doors to home purchases this fall by thousands of people who were hard hit by the housing bust and who thought they'd have to wait for years before owning...
| Aug 15, 2013
| 10:38 AM
The Bay Area housing market roared forward in July as prices rose and sales hit an eight-year high, a real estate information service said.
Buyers purchased 9,339 new and resale houses and condos last month in the nine-county region, the highest for a...
| Jul 21, 2013
| 9:18 PM
Sinking money into real estate investment trusts is considered to be one of Wall Street's most complex investments.
Owning shares of REITs gives investors an opportunity to get investment exposure to real estate, including apartments, shopping centers...
| Jul 14, 2013
| 10:19 PM
Consumer Portfolio Services Inc. operates on a simple principle: Everyone needs a car.
For more than two decades, the Irvine subprime auto lender, known as CPS, has helped finance vehicles for people who have less than perfect credit.