Surge in Foreclosures

Even as the U.S. housing recovery has continued to strengthen this year, more homes have already been lost to foreclosure than in all of 2014. Through the first 11 months of this year, 410,219 homes have completed the foreclosure process and ended up being repossessed by a lender, according to RealtyTrac Inc. That’s a 25 […]

European stocks rise sharply, Greek shares surge after deal

LONDON: European shares climbed in early trading on Tuesday, helped by encouraging updates from companies such as Germany’s United Internet and Dutch-based Randstad, the world’s second-biggest staffing company. Sentiment was also improved by the latest comments from an executive board member of the European Central Bank, and by Greece’s preliminary deal with its international lenders […]