Investing

Rising Real Estate Market Not Lifting Property Tax Revenues: Report

Even with the uptick in real estate market, municipalities are concerned that they are yet to lift the property tax revenues of many U.S. cities, according to a report released on Thursday.

Informant in New York Mayoral Ballot Bribe Plot Is Real Estate Developer With Sketchy Past

The cooperating witness at the center of the Malcolm Smith corruption scandal accused of having orchestrated a $100 million fraudulent real estate deal, according to reports.

Obama 5% of salary: President Gives Back to Sequestration

President Obama plans to return 5 percent of his salary to the Treasury in solidarity with federal workers who are going to be furloughed as part of the automatic budget cuts known as the sequester, an administration official said Wednesday.