There’s an app for that home purchase

From right angles to the right price, these real estate aids for smartphones really deliver. (5 mins ago)

ANN ARBOR: Standard & Poor’s gives city’s water, sewer systems AA ratings. But what does that mean?

The City of Ann Arbor received good news recently. Its water system and its sewage system received AA- and AA+ credit ratings, respectively, by Standard & Poor’s. (5 mins ago)

Home ownership luster fading in U.S.

Victoria Pauli signed a one-year lease last week to stay in her rental home in Fair Oaks, Calif. She had considered buying in the area, where property prices have slumped 57 percent since a 2005 peak. (5 mins ago)

Crime rate continues downward trend

The Colony Police Department released its annual report late last month detailing statistics for 2010, and the numbers pick up where they left off the year before on the decline. (5 mins ago)

Lehman Lives in CLOs Generating 50% Returns Amid Loans Rally

More than two years after Lehman Brothers Holdings Inc.?s bankruptcy caused the worst financial calamity since the Great Depression, one of its structured products is producing annualized returns exceeding 50 percent. (5 mins ago)

Options Bets Against Brazil ETF Jump to Highest in Three Years

Options traders are placing more bearish bets against a U.S. exchange-traded fund tracking Brazil than any time in three years , as policy makers raise borrowing costs to tame inflation in Latin America’s biggest economy. (5 mins ago)

China’s Stocks Rebound From Four-month Low; Developers Advance

China’s stocks rebounded from the lowest close in almost four months, driving the benchmark index to its biggest gain in five weeks, as investors speculated recent declines were excessive. (5 mins ago)

Low-paid workers in education to have salaries cut Department calls for 5% pay cuts for 17,000

PAY CUTS:CARETAKERS AND school secretaries who are among the lowest paid workers in the education sector are to have their salaries cut. (5 mins ago)

Fed set to buy more bonds to spur growth

With unemployment at 9.6 percent, the Federal Reserve is all but certain this week to launch a new program to try to fortify the economy. (5 mins ago)

Fontana School Board candidates discuss their main priorities

Candidates for Fontana Unified School District Board of Education were asked by the Herald News to give their top three priorities for the upcoming year. (5 mins ago)