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Fed's Plosser Criticizes Unfettered Asset-Buying

The world's central banks should not have unfettered ability to purchase assets because that violates the traditional separation of monetary and fiscal policymaking and can allow governments to inflate away debts, a top Federal Reserve official said on Monday.

JFK's Honeymoon Mansion On Sale For $95 Million

The luxurious LA mansion where US President John F. Kennedy and his wife Jacqueline spent their honeymoon in 1953 is up for auction for $95 million.

Apartment And Villa Rents Increase In Dubai

Rents for apartments and villas in Dubai increased in the first quarter of 2012 with an average rise of 1% but some quality locations faring better, according to the latest report from Asteco.