Fifth Third Bancorp reported a much smaller fourth-quarter loss on Thursday after it recorded fewer writedowns on mortgages and other loans.
The U.S. agency charged with dismantling or selling off failed banks said it is equipped to deal with what it sees as a busy 2010, according to remarks to be delivered before Congress on Thursday.
U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing home loans, RealtyTrac said on Thursday.
The chief whistleblower in the UBS AG tax secrecy probe entered prison to serve a sentence he considered unfair, hours after a Swiss court ruled the bank should not have been forced to turn over client files to government investigators.
The U.S. International Trade Commission said on Friday that it found no violation of General Electric wind turbine patents by Mitsubishi, and it terminated its investigation.
Fannie Mae, the largest funder of U.S. home mortgages, on Thursday said it is making it easier for some Florida condo buyers to qualify for loans in a bid to stabilize one of the worst-hit real estate markets.
The U.S. apartment vacancy rate rose to an almost 30-year high of 8 percent in the fourth quarter, and rents dropped in the biggest one-year slump in 2009, according to real estate research company Reis Inc.
Home buyers in much of the United States paid thousands of dollars below asking prices in November, but had less negotiating power than in October, real estate website Zillow.com said on Thursday.
Brutal winter weather across the much of the United States has helped rally commodity markets as energy demand rises, crops are hit with snow or frost and livestock movement is slowed.
EA Sports said on Monday it was moving forward with plans to introduce a Tiger Woods online game despite the top golfer's public relations nightmare and drastic drop in popularity following his adultery scandal.
The U.S. Justice Department is considering whether to ask a judge to reduce the jail sentence of Bradley Birkenfeld, the key informant in the U.S. tax fraud case against Swiss bank UBS AG, the New York Times said, citing a person briefed on the matter.
The key informant in the U.S. tax fraud case against Swiss bank UBS AG says he does not deserve the federal prison term he is due to start serving next month, according to an interview to be broadcast on Sunday.
Can't make it to the dropping of the ball in New York City's Times Square on New Year's Eve? Don't worry, there might be one closer to home and far more interesting to boot.
Florida's Miami-Dade County will start using the Internet next month in a bid to help auction off tens of thousands of delinquent properties that have put it on the frontlines of the U.S. foreclosure crisis.
The first alleged mistress of Tiger Woods, Rachel Uchitel, was spotted over the weekend parting in Florida, PEOPLE reported.
The sex scandal that engulfed Tiger Woods may have cost shareholders of companies endorsed by the world's No. 1 golfer up to $12 billion in losses, according to a study by two economics professors from the University of California, Davis.
A rare U.S. nickel that was owned over the years by an infamous Egyptian King and a Los Angeles sports team owner, and was the centerpiece in an episode of a popular television series, is expected to sell for $3 million or more in an auction in Orlando, Florida on January 6, 2010. The little coin with the big value is a 1913-dated Liberty Head nickel, one of only five known of that specific date and design.
A key informant in the U.S. tax evasion case against Swiss bank UBS AG has asked a federal court in Florida to postpone the scheduled January 8 start of his prison term so that he can cooperate further with the U.S. government to uncover tax cheats.
A key informant in the U.S. tax evasion case against Swiss bank UBS AG has asked a Florida court to postpone the scheduled January 8 start of his prison term, saying he is ready to cooperate further with the U.S. government in the case.
Urban Meyer resigned from the Florida Gators head coaching position due to health issues, according to a statement released Saturday.
The 9-year-old boy at the center of an international custody battle arrived back in the United States on Thursday after being reunited in Brazil with his American father at the end of a five-year dispute that tested bilateral ties.
The Afghan Taliban said on Friday that they had issued a new video tape of a U.S. soldier who was captured this summer, and added that in it he asks his government to take part in a prisoner exchange deal.
