Personal Finance News

U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years.

The number housing starts rose 7 percent to an annual pace of 914,000 homes, according to a government report out Tuesday.

Hayes, 33, was arrested by police and the Serious Fraud Office last December as part of an inquiry stretching from the U.S. to Japan.

The Oregon Senate has voted down a $6.55 billion budget for primary and secondary schools after one Democrat and all 14 Republicans said it didn't provide enough money.

The Toronto stock market closed higher Monday as traders bought into stocks beaten down in a string of recent declines while hoping for more clarity from the U.S. Federal Reserve on whether it might start to ease up on stimulus measures.

The economy is showing enough improvement to justify dialing back some of the Fed's life support, yet financial markets are terrified of what might happen and are taking it out on the housing sector.

The number of Canadian homes sold so far this year is slightly higher than projected and it looks as if 2014 will show a rebound, according to a new forecast by the Canadian real estate industry's main association.

While most people dream of the day they can retire, many college professors plan to put it off or work until their final years.

As a child, Jorge Tume used to sit and do homework as his parents cleaned the desks and floors of a concrete company in Miami.

Nine owners and managers of 7-Eleven stores on Long Island and in Virginia were charged on Monday in a scheme to exploit immigrants from Pakistan, including some business-owners who used Social Security numbers of children and dead people on the workers' paystubs.

For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months.

Is the housing recovery for real? It looks that way, as a key measure of home builder confidence crossed a major threshold Monday.

The Supreme Court agreed Monday to take another dispute involving race, deciding whether people must prove they were victims of intentional housing discrimination to win lawsuits under federal law.

Disappointing reports about the U.S. economy weighed on Wall Street stocks Friday, as did concerns that the Federal Reserve could announce plans to cut back its stimulus program later in the week.

That's the question - and the fear - Chairman Ben Bernanke will face this week when he takes questions after a Federal Reserve policy meeting.

House sellers' average asking prices have broken through the quarter of a million pounds milestone for the first time amid signs of a "widespread" upturn in the housing market.

Illinois university employees would pay more toward their pensions and receive annual retirement-pay increases tied to inflation in a reform plan the Senate president supports.

That's essentially the dilemma facing the U.S. Federal Reserve's 19 policy makers when they meet in Washington this week.

Trading will likely be muted for the first half of the week as investors hope to get a better impression of whether the U.S. Federal Reserve will cut back on one of its key stimulus measures soon and, if so, by how much.

Nina Vaca is interviewing job applicants at her staffing company again after putting hiring on hold at the end of last year.