US pending home sales hit nine-year high in April

April pending home sales were up 14.0 percent compared with a year agoUS pending home sales surged to a nine-year high in April in a strong start to the prime spring season, the National Association of Realtors said Thursday. Contracts signed for home purchases leaped a more-than-expected 3.4 percent from March, pushing the NAR pending home sales index to 112.4 the highest level since May 2006. All four major regions in the country saw increases last month, led by the northeast and the midwest, and price increases were accelerating in many markets, NAR said.



Top finance officials debate what's needed for global growth

Pier Carlo Padoan, Finance Minister of Italy, Michel Sapin, Finance Minister of France, Christine Lagarde, Managing Director of International Monetary Fund, IWF, Jens Weidmann, president of the German Central Bank, German Finance Minister Wolfgang Schaeuble, Jacob J. Lew, US Secretary of the Treasury, Japanese Finance Minister Taro Aso, Joe Oliver, Finance Minister of Canada, British Chancellor of the Exchequer George Osborne, first row from left to right, Ignazio Visco, Governor of the Banca d’Italia, Mario Draghi, President of the European Central Bank, Stephen S. Poloz, Governor of the Bank of Canada, Pierre Moscovici, EU Commissioner for Economic and Financial Affairs, Taxation and Customs, Steve B. Kamin, director of the Division of International Finance, Haruhiko Kuroda, Governor of the Bank of Japan, Jim Yong Kim, President of the World Bank Group, Bank of England's Governor Mark Carney, Christian Noyer, Governor of the Banque de France, and Jose Angel Gurria, OECD Secretary General, second row from left to right, pose for a group photo during the G7 Finance Ministers meeting at the Dresden Castle in Dresden, eastern Germany, Thursday, May 28, 2015. The G7 Finance Ministers meeting is being held in Dresden from May 27 to May 29, 2015. (AP Photo/Jens Meyer)DRESDEN, Germany (AP) — Top finance officials from the Group of Seven wealthy democracies are debating ways to broaden and strengthen economic recoveries that aren't as robust as everyone would like.



AP NewsBreak: FBI carefully probing Ohio Wal-Mart shooting

CINCINNATI (AP) — The new head of the FBI's Cincinnati division says agents are conducting a thorough review of last year's fatal police shooting of a black man in a suburban Dayton Wal-Mart store.
US gambling market saturated, yet casinos keep on coming

ATLANTIC CITY, N.J. (AP) — The casino market in the northeastern United States is saturated, yet that's not stopping some states from approving gambling legislation and companies from building new gambling halls.
Apple loses bid to disqualify antitrust monitor: U.S. court

An illustration picture show sapplication icons are displayed on an Apple Ipad tablet held by a woman in BordeauxBy Jonathan Stempel and Nate Raymond NEW YORK (Reuters) - A federal appeals court on Thursday rejected Apple Inc's bid to disqualify an antitrust compliance monitor who was appointed after the company was found liable for conspiring with five publishers to raise e-book prices. While saying some allegations against the monitor Michael Bromwich "give pause," the 2nd U.S. Circuit Court of Appeals in New York said a lower court judge did not abuse her discretion in rejecting Apple's bid to disqualify him. Bromwich was installed through a permanent injunction by U.S. District Judge Denise Cote, after she ruled in favor of the U.S. Department of Justice in July 2013 by finding that Apple had played a "central role" in conspiring to raise e-book prices and impede rivals such as Amazon.com Inc .





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