A decline in the number of available properties, especially in California, prompted a new innovation at the real estate marketplace website Zillow.com. Late Wednesday night the six-year-old Zillow launched a free feature that allows potential home buyers to view homes that are owned by banks or are in the foreclosure process but are not officially listed for sale.
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Greek Banks to Be Recapitalized Via Shares
Greek banks will have to issue shares to meet more than half of a 9 percent capital adequacy requirement to be set as part of their recapitalization, sources said, in a move that could help them avoid nationalization.
Hurricane Set to Slash Fuel Demand in Northeast U.S.
As the Northeast United States locks down in the path of Hurricane Sandy, the freakishly large tropical storm careening in from the Atlantic, the main impact is likely to be on fuel demand rather than supply.
Global Shares Fall as Growth Fears Mount, Wall Street Closes
World shares and commodities fell on Monday as a recent run of downbeat corporate reports cast a shadow over the economic growth outlook and markets awaited the impact of a huge U.S. hurricane.
Training for U.S. 'Green Jobs' Falls Short of Goals
A $500-million "green jobs" program to train U.S. workers for new jobs and help spark recovery from the great recession has fallen far short of its goals, according to a report from the Labor Department's internal watchdog released on Friday.
Latest News
Apple released solid financial results for its fourth quarter Friday, ending Sept. 29. Profits rose 24 percent on the sale of its iPhone 5, which was released on Sept. 21. Its quarterly revenue was up about $8 billion from last year's fourth quarter.
As the job outlook continues to look murky for recent college graduates the costs of tuition and fees for both public and private universities are up, though not too substantially, according to the latest figures released by The College Board Wednesday.
One day after Rajat K. Gupta, formerly of Goldman Sachs, was sentenced to two years in prison for insider trading, a lawyer for Raj Rajaratnam who is currently serving an 11-year sentence in a Massachusetts prison for the same crime, asked that his conviction be set aside, The New York Times reported.
Prosecutors surprised a Jefferson County Courtroom in Colorado on Thursday when they announced they had a confession from 17-year-old Austin Reed Sigg and DNA evidence linking him to the murder of Jessica Ridgeway and the attempted abduction of a jogger back in May, ABC News reported.
The U.S. economy, the number one issue among voters, grew at a two percent rate in the third quarter, according to Commerce Department Data released Friday. Increased consumer and government spending and an uptick in the housing industry were the drivers.
A six-year veteran from Harlem's 26th Precinct, Gilberto Valle III, was arrested by the FBI for a plot to kill and cook his girlfriend and as many as 100 other unsuspecting women, according to a statement made by authorities today, as reported by The New York Post.
More than 80 Chief Executive Officers from the country's largest corporations have joined together in a rare show of unity to pressure Congress for a bipartisan plan to shrink the country's debt, Reuters reported Thursday.
Hurricane Sandy, a Category 2 storm that slammed through Cuba Thursday with 110 mile-per-hour winds before making landfall in the Bahamas has become "a major potential threat to the Northeast," according to the Associated Press. Meteorologists fear Hurricane Sandy, an early winter storm coming from the West and an arctic air from the North will hit the East Coast all at once, starting Sunday night in a cataclysm of gale force winds, coastal flooding, power outages and even snow.
Microsoft introduced its new Windows 8 operating system Thursday morning at an event that was live-streamed from New York, led by CEO Steve Ballmer. The software will be available starting midnight Oct. 26.
