Jul 29, 2014

Study: 35 percent in US facing debt collectors

More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute. These consumers fall behind on credit cards or hospital bills. Their mortgages, auto loans or student ...

Jobless families occupy Spain's tourist homes

Jul 28, 2014

Jobless families occupy Spain's tourist homes

Unable to pay her mortgage, Manoli Herrera turned over her apartment to the bank and moved into one of six abandoned buildings occupied by other jobless families in Sanlucar de Barrameda, a seaside town on Spain’s southern coast. “I did not want my two ...

Jul 1, 2014

Whole town up for sale in South Dakota

Prospective buyers who want to be masters of their own domains could turn to southwestern South Dakota, where an entire town can be purchased for $399,000. The owner of Swett (pronounced “sweat”) is selling the roughly 6-acre (2.5-hectare) town, which includes a tavern, a ...

Fukushima evacuees seek end to limbo

Jun 19, 2014

Fukushima evacuees seek end to limbo

by Mami Maruko

Japan’s economy may be picking up, but the outlook remains bleak for an often forgotten group of people: the roughly 150,000 evacuees from Fukushima Prefecture. Living in temporary accommodations, these individuals and families were either residents in the 30-km mandatory evacuation zone or those ...

U.S. pioneer living high life on retired jetliner

Jun 11, 2014

U.S. pioneer living high life on retired jetliner

Deep in the woods and rolling hills outside Portland, Oregon, where orchards dot the landscape, a Boeing 727 sits at the top of a steep dirt driveway encircled by towering pines. For Bruce Campbell, it is home. Complete with wings and landing gear, which ...

Obama sizing up new housing, budget chiefs

May 18, 2014

Obama sizing up new housing, budget chiefs

President Barack Obama plans to nominate Housing Secretary Shaun Donovan to be budget director and is considering a rising Democratic star, San Antonio Mayor Julian Castro, to succeed Donovan, according to people familiar with the selection process. The second-term Cabinet reshuffle would raise the ...

Chinese gobble up U.S. real estate

Apr 26, 2014

Chinese gobble up U.S. real estate

For the first time, the Chinese have become the biggest foreign buyers of apartments in Manhattan, real estate brokers estimate, taking the mantle from the Russians — whose activity has dropped off since the unrest in Ukraine and the imposition of sanctions against Russia ...