UNITED STATES

U.S. Housing Sector

Thinking About Buying A US Home? Think Carefully

U.S. mortgage interest rates for 30-year, fixed loans are at/near 40-year lows. Further, while there's nothing like owning a home, for several reasons 'this is not your father's housing market.' There are pitfalls and pratfalls, and prospective buyers would be wise to review these five tips before taking the plunge.

China's Navy Gathers Good Will Off Somalia

Chinese Flotilla
Chinese, Indian and Japanese navies in the Gulf of Aden show a sense of pragmatism and cooperation among their forces, but wariness of China's military is unlikely to lift anytime soon in East Asia.

'Jack Reacher' Trailer Released: Comparing The Books To The New Tom Cruise Movie [VIDEO]

'Jack Reacher' Trailer Released: Comparing The Books To The New Tom Cruise Movie [VIDEO]
Tom Cruise has been having some kind of rollercoaster week. After the shocking news of his divorce with wife Katie Holmes -- just before his birthday, no less -- Paramount Pictures chose to release a new trailer for Cruise's new action film entitled Jack Reacher on the actor's 50th birthday. The trailer is currenly available on Yahoo Trailers, and it is also embedded at the bottom of this page.
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'Teen Mom' Kailyn Lowry's Back Tattoo [PHOTO]

Kailyn Lowry is widely recognized for appearing on MTV's hit reality shows 16 and Pregnant and Teen Mom 2, but now the famous young mom is being noticed again -- this time because of her new ink.
RIM CEO Thorsten Heins: 'There's Nothing Wrong With The Company'

RIM CEO Thorsten Heins: 'There's Nothing Wrong With The Company'

Research In Motion is in trouble. The BlackBerry maker has been suffering from an identity crisis for the last six months, which has resulted in mass layoffs, lots of job shuffling, dramatic drop-offs in market share and a quickly decaying portfolio for investors. But not according to newly-appointed CEO Thorsten Heins; in his eyes, RIM is all roses and rainbows and puppy kisses right now!
Attorney General of California Kamala Harris attends a news conference to announce the creation of the Mortgage Fraud Strike Force in Los Angeles

California Passes Strong Mortgage Protections

California, the state with the second most foreclosures by volume, has passed one of the strongest laws in the country seeking to protect homeowners from improperly losing their homes.

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