Finance & Mortgage

U.S. banks enjoy 'too-big-to-fail' advantage: Fed study

A landmark study by Federal Reserve economists found that large U.S. banks enjoy a "too-big-to-fail" advantage in financial markets, joining a heated debate that could influence regulators that are implementing tough new rules for Wall Street.

Property tax revenues highest in more than 20 years: U.S. Census

Property tax revenues for U.S. states and local governments reached a record high in the final quarter of 2013, according to Census data released on Tuesday showing the housing recovery is finally reaching school districts and cities' budgets.

Bullish consumers, rising home prices brighten U.S. growth picture

U.S. consumer confidence surged to a six-year high in March and house prices increased solidly in January, positioning the economy for stronger growth after a weather-induced soft spot.