U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening. Real estate data provider CoreLogic said Tuesday that home prices rose from a year ago in 48 states. They fell only in Delaware and Alabama. […]
Tag: US
Oil price falls below $95 a barrel
Price of oil falls below $95 a barrel ahead of release of weekly inventory data The price of oil fell below $95 a barrel on Wednesday as traders awaited the latest U.S. government report on energy supplies. Benchmark oil for August delivery was down 74 cents to $94.58 per barrel […]
US fines ‘Hezbollah’ bank $102 mn for laundering
A Lebanese bank accused of laundering money from drugs and other operations for clients tied to Hezbollah militants agreed Tuesday to pay US authorities $102 million to settle the charges. Beirut-based Lebanese Canadian Bank was singled out in February 2011 for allegedly moving hundreds of millions of dollars for criminal […]
