News

China reveals Urbanization Report, plans to build residential real estate to accommodate 100 million people

China's State Council revealed an urbanization report Sunday, saying it plans on building new transportation and infrastructure to accommodate more than 100 million people, mostly farmers, who will be moving into major cities as part of the country's modernization plan, according to several news reports.

Gwyneth Paltrow and Chris Martin buy Malibu residence for $14 million

Gwyneth Paltrow, the "Iron Man" actress, and husband Chris Martin of "Coldplay" have reportedly purchased a $14 million estate in Malibu, Calif.

U.S. consumer sentiment slips; bad weather eyed

U.S. consumer sentiment weakened in early March as an unusually harsh winter appeared to dim views on the economy's prospects.