Journalist, United States
Elvina's Feed
Jul 16, 2015

U.S. foreclosure activity in 1st-half 2015 fell to 10-year low

WASHINGTON (Reuters) – Foreclosure activity across the United States dropped to its lowest in a decade during the first half of 2015, according to data released Thursday.

A total of 597,589 properties were at some stage of the foreclosure process from January to June, said RealtyTrac, which tracks housing market trends.

Jul 9, 2015

U.S. jobless claims rise to highest level since February

WASHINGTON (Reuters) – New applications for U.S. unemployment insurance benefits rose last week to their highest level since February, suggesting some slowdown in the labor market recovery.

Initial claims for state unemployment benefits rose 15,000 to a seasonally adjusted 297,000 for the week that ended July 4, the U.S. Department of Labor said on Thursday.

Jun 18, 2015

U.S. foreclosure activity up in May as bank repossessions rise

WASHINGTON (Reuters) – Bank repossessions rose again last month, driving overall U.S. foreclosure activity to a 19-month high on an annual basis, industry firm RealtyTrac said on Thursday.

A total of 126,868 homes across the country were at some point in the foreclosure process in May, up 1 percent from April and up 16 percent from the same time last year, RealtyTrac said.

May 21, 2015

Rising bank repossessions push up U.S. foreclosure activity in April

WASHINGTON, May 21 (Reuters) – A surge in bank repossessions
of properties last month pushed overall foreclosure activity
across the United States to an 18-month high, according to a
report by industry firm RealtyTrac released on Thursday.

Overall, 125,875 homes across the country were at some point
in the foreclosure process in April, a 3 percent jump from
March. The increase drove foreclosure activity up 9 percent from
year-ago levels, RealtyTrac said.

May 19, 2015

Fed rate hike timing looking less certain: forecasters – Reuters poll

WASHINGTON (Reuters) – Uncertainty over when the U.S. Federal Reserve will start raising interest rates is on the rise amongst forecasters amid signs the economy is struggling to rebound after it almost certainly contracted in the first quarter.

A Reuters survey published on Tuesday found 28 of 50 economists said they were now less convinced about when the U.S. central bank would tighten monetary policy but the median still suggested it would move in the third quarter, sticking to the view voiced in April.

May 18, 2015

U.S. FDA considers expanding tests for drug residues in milk

WASHINGTON (Reuters) – U.S. health regulators are reviewing current standards for assessing drug residues in milk sold to consumers, a move that could expand testing for veterinary drugs at a time of growing consumer concern over food safety, health officials say.

The Food and Drug Administration is seeking by July 29 public feedback on a new tool to improve testing for drug residues in U.S.-produced milk and dairy products, a program that the agency has not updated since 1992 when it was first implemented.

May 10, 2015

Republican candidate Ben Carson takes a biblical approach to taxes

WASHINGTON (Reuters) – Republican presidential candidate Ben Carson said on Sunday his proposed flat-tax plan of about 10 percent was inspired by the biblical practice of tithing.

“You make $10 billion a year, you pay a billion; you make $10 year, you pay one. That’s pretty damn fair if you ask me,” Carson said on “Fox News Sunday.”

May 8, 2015

commerce boosts U.S. Postal Service finances but losses continue

WASHINGTON (Reuters) – Revenues from shipping and package delivery services helped prop up the U.S. Postal Service’s finances in the second fiscal quarter of 2015, but the agency continued bleeding money as mail volumes tumbled.

USPS reported on Friday that it posted a net loss of $1.5 billion in the quarter that runs from January to March, down from the same period last year when it lost $1.9 billion.

Apr 28, 2015

Gay marriage friends, foes spar outside Supreme Court

WASHINGTON (Reuters) – The debate over gay marriage in America, one of the leading social issues of this era, played out on the sidewalks outside the U.S. Supreme Court on Tuesday as the nine black-robed justices weighed the arguments inside.

“You people are wicked, an abomination to God,” a demonstrator against legalizing same-sex marriage told gay rights supporters on a public address system set up outside the courthouse.

Apr 16, 2015

U.S. foreclosures rose sharply in March as repossessions mounted

WASHINGTON (Reuters) – Foreclosure activity in the United States rose sharply last month, on an increase in bank repossessions, according to a report by industry firm RealtyTrac.

Foreclosures, which include foreclosure notices, scheduled auctions and bank repossession, were up 20 percent to a total of 122,060 last month, the group said on Thursday.