U.S. charges reverse mortgage lender Live Well’s ex-CEO in $140 million fraud

NEW YORK (Reuters) – The U.S. government on Thursday charged the founder of reverse mortgage provider Live Well Financial Inc with engineering a $140 million fraud by inflating the... Read more »

U.S. charges reverse mortgage lender Live Well’s ex-CEO with fraud

NEW YORK (Reuters) – The U.S. government on Thursday charged the founder of reverse mortgage provider Live Well Financial Inc with engineering a $140 million fraud by inflating the... Read more »

Fed sees case building for interest rate cuts this year

WASHINGTON (Reuters) – The U.S. Federal Reserve on Wednesday said it was ready to battle growing global and domestic economic risks with interest rate cuts beginning as early as... Read more »

Goldman skeptical of ‘insurance’ U.S. rate cuts from Fed

(Reuters) – Goldman Sachs economists said on Sunday they are skeptical of “insurance” U.S. interest rate decreases from the Federal Reserve to forestall possible slowing in U.S. economic growth... Read more »

Goldman skeptical of ‘insurance’ U.S. rate cuts from Fed

(Reuters) – Goldman Sachs economists said on Sunday they are skeptical of “insurance” U.S. interest rate decreases from the Federal Reserve to forestall possible slowing in U.S. economic growth... Read more »

Australian regulator slaps stricter conditions on AMP’s pension funds, shares fall

SYDNEY (Reuters) – Australia’s banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd’s pension fund units following concerns regarding its compliance with superannuation laws,... Read more »

PRESS DIGEST-New York Times business news – April 26

April 26 (Reuters) – The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their... Read more »

U.S. home sales tumble as supply constraints linger

WASHINGTON (Reuters) – U.S. home sales fell more than expected in March as rising demand stoked by declining mortgage rates and slowing house price inflation continued to be frustrated... Read more »

U.S. homebuilding near two-year low; permits extend decline

WASHINGTON (Reuters) – U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to... Read more »

Qatar’s sovereign fund, Crown Acquisitions named as investors in $5.6 billion New York deal

NEW YORK/DUBAI (Reuters) – Qatar Investment Authority (QIA) and private realty firm Crown Acquisitions said on Friday they were the unnamed investors in a deal with Vornado Realty Trust... Read more »