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Home Prices Up Month-To-Month

NEW YORK, Sept. 27 (UPI) — U.S. home prices rose for the fourth consecutive month in July, a closely watched housing index showed Tuesday. The Standard & Poor’s/Case-Shiller Home Price Index found prices rose 0.9 percent in the month in both a 10-city index and a 20-city index compared with June. The chairman of the […]

Facebook Challenged By Privacy Group

SAN FRANCISCO, Sept. 27 (UPI) — A privacy watchdog group said it was warning the U.S. Federal Trade Commission that changes on Facebook had a flaw of not giving consumers any choice. “It’s getting really difficult to evaluate the changes that Facebook makes, and I say that as a privacy professional,” said Marc Rotenberg, executive […]

Premiums For Family Heathcare Up 9 Percent

WASHINGTON, Sept. 27 (UPI) — Family health insurance costs for U.S. employers rose higher than they have since 2005 this year, two non-profit groups announced Tuesday. Family insurance premiums rose on average from $13,770 per family to $15,053, the Kaiser Family Foundation and Health Research & Education Trust said. The increase of more than 9 […]

In Europe, Five Bailout Votes This Week

BRUSSELS, Sept. 27 (UPI) — The international rescue package for Greece is facing five votes in various European parliaments this week. Votes are expected in Germany, Finland, Slovenia, Estonia and Austria on whether or not to ratify changes to the $600 billion European Financial Stability Facility, which European leaders agreed to in July, the EUobserver […]

Medvedev, Russia React To Economic Downturn

MOSCOW, Sept. 23 (UPI) — Russian President Dmitry Medvedev said he had called a hasty meeting between government and business leaders to assess the global slide in stock markets. “The situation is difficult. We should be very attentive,” Medvedev said. “I am going to meet with my colleagues from the government and bank community to […]

Helping Greece Called A ‘Morality Play’

WASHINGTON, Sept. 23 (UPI) — The Obama administration’s former chief economic adviser, Austan Goolsbee, said in Washington aid for debt-burdened Greece has become “a morality play.” Goolsbee, former head of the White House Council of Economic Advisers, said, “There’s a growing narrative that this is a morality play, that this is all about fiscal profligacy […]

SEC, Former Attorney, Explain Conflict

WASHINGTON, Sept. 23 (UPI) — Former Securities and Exchange Commission General Counsel David Becker said he has suffered from the controversy surrounding Bernard Madoff’s fraud victims. Becker has been criticized for helping make decisions on how victims of Madoff’s multibillion-dollar Ponzi scheme would receive recovered assets, even though his family benefited from their investment with […]

Blockbuster Launches Movie Pass

SAN FRANCISCO, Sept. 23 (UPI) — U.S. movie house Blockbuster said Friday it is launching a new streaming service called Blockbuster Movie Pass. At a news event called “A Stream Come True” in San Francisco, the rental giant that has dramatically cut back on its brick-and-mortar stores in the past year said there would be […]

Ex-eBay CEO Meg Whitman To Lead HP

SAN FRANCISCO, Sept. 22 (UPI) — U.S. computer giant Hewlett Packard confirmed Thursday former eBay Chief Executive Officer Meg Whitman will be HP’s next president and CEO. Whitman, a Republican who lost California’s 2010 gubernatorial election to Democrat Jerry Brown after she left eBay, will replace Leo Apotheker, who served as HP CEO for less […]

Jobless Claims Down By 9,000

WASHINGTON, Sept. 22 (UPI) — First-time jobless benefit claims fell by 9,000 in the week ending Saturday with 423,000 claims filed, the U.S. Labor Department said Thursday. The four-week rolling average for claims filed was 421,000, up 500 from the previous revised average, the department said. In August, the unemployment rate was 9.1 percent, unchanged […]

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