Crosby Real Estate News

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  • Summers: Treasury undid one-third of Fed's bond-buyi...

    3 min ago | via Washington Examiner 

    While the Federal Reserve has been trying to boost the economy by buying trillions of long-term government bonds, the Treasury Department has been undercutting its efforts by issuing more long-term securities, according to a new report. The study, released Tuesday and co-authored by former Clinton Treasury secretary and Obama economic adviser Larry Summers, argues that "Treasury's actions have operated as a kind of reverse quantitative easing," acting to reverse as much as one-third of the decline in long-term interest rates engineered by the Federal Reserve in the wake of the financial crisis.

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    Related Topix: Financial Markets, Ben Bernanke, Home, Mortgage, Mortgage, Personal Finance

  • Sycamore becomes United Oct. 1

    5 min ago | via Current in Carmel 

    "We felt we had a special company and given the right tools we could grow it," said Paul Scherrer, a co-owner with his brother Chris. "We looked at acquiring those tools piecemeal or a la carte.

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    Related Topix: Real Estate, Carmel, IN

  • Arron Lewis to Beverly Carter's family: 'Sorry'

    5 min ago | via WBIR-TV Knoxville 

    Arron Lewis opened up to reporters as authorities escorted him from the Pulaski County Sheriff's Office to a patrol car for booking. Lewis is charged with capital murder in the case of Arkansas real estate agent Beverly Carter.

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    Related Topix: Real Estate

  • WRAPUP 1-U.S. consumer confidence, home prices show ...

    6 min ago | via Reuters 

    U.S. consumer confidence fell in September for the first time in five months and home prices in July rose less than expected from a year earlier, underscoring the unsteady nature of U.S. growth. "We're continuing to effectively struggle," said Mike Englund, chief economist at Action Economics in Boulder, Colorado.

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    Related Topix: Housing, Boulder, CO

  • Schoolboy with sickle cell disease died after bungli...

    8 min ago | via Mail on Sunday 

    'Marriage feels pretty damn great!' Smitten George Clooney on tying the knot with Amal Alamuddin as first pictures of their lavish Italian wedding are revealed 'She was a rich broker': Words of paroled thief arrested hours before body of missing Arkansas realtor Beverly Carter was found in a shallow grave 'You and your brother are evil!': What CNN producer told George and Robert Zimmerman after they ran up a $3,600 tab at the Ritz-Carlton where the news channel put them up pre-interview Secret Service chief apologizes for UNLOCKED door that allowed knife-wielding fence jumper to get 'half of a White House tour' while running from agents Fancy sitting next to them? Former cabin attendant's 'flight shaming' website inundated with snaps of weird passenger behavior in the skies Obama has skipped more than HALF of his daily intelligence briefings -- as spies hit back after he blamed them for ... (more)

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    Related Topix: Real Estate, Fitness, Yoga, Fitness

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