U.S. government reopens with clock running on funding talks

The U.S. government reopened on Monday with about 800,000 federal workers returning after a 35-day shutdown as lawmakers geared up for talks to avoid another standoff before funding runs out again in three weeks....(read more)

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Slowing Home Searches, Delayed Closings: How the Government Shutdown Impacted Homebuyers in Washington, D.C.

The prospect of making a down payment and securing a mortgage became even more difficult for federal employees who have gone without a paycheck for the last five weeks and remain in financial limbo with the temporary reopening of the government. Roughly 800,000 federal workers around the country were either furloughed or working without pay […] The post Slowing Home Searches, Delayed Closings: How the Government Shutdown Impacted Homebuyers in Washington, D.C. appeared first on Redfin Real-Time ....(read more)

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Bond Traders Face Plenty of Risk as Powell Ushers In a New Era

Bond Traders Face Plenty of Risk as Powell Ushers In a New Era    Bloomberg Treasury traders are bracing for heightened volatility next week as Federal Reserve Chairman Jerome Powell ushers in a new era of press conferences after ......(read more)

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SEC Emergency Action Charges Texas Real Estate Developer for Multi-Million Dollar Offering Fraud

The Securities and Exchange Commission announced today that it filed charges against Texas resident and real estate developer Phillip Michael Carter, two other individuals, and several related entities for conducting a multi-million dollar offering fraud.   The SEC's complaint alleges that Carter, along with Bobby Eugene Guess and Richard Tilford, raised almost $45 million from over 270 investors across the United States by selling short-term, high-yield promissory notes issued by a number of shell companies intentionally named to confuse investors.  The complaint alleges that Carter, Guess,......(read more)

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White House will accept compromise with less than $5.7 billion for wall: official

The White House would accept a final compromise deal to keep the U.S. government open as long as it includes funding for a border wall, even if it is less than the $5.7 billion that President Donald Trump has requested, an administration official said on Friday....(read more)

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Stocks, yields rise after deal announced to end U.S. government shutdown

Wall Street indexes rose and bond yields followed stocks higher on Friday after U.S. President Donald Trump announced an agreement to end the longest ever U.S. government shutdown and as investors reacted to corporate earnings reports....(read more)

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California Sues Huntington Beach for Snubbing Affordable Housing

California Sues Huntington Beach for Snubbing Affordable Housing    Bloomberg California's leaders sued the seaside city of Huntington Beach over claims that it worsened the state's housing shortage by refusing to cooperate with a plan for ......(read more)

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