GEORGE TOWN, Cayman Islands – A company founded by billionaire Paul Allen and the Cayman Islands have announced an agreement on a plan to restore a coral reef damaged by his 300-foot yacht in January. A joint statement Thursday from ...Read More »
TRENTON, N.J. – A new state report shows New Jersey’s fund for road and bridge work has no more capacity to borrow cash. The New Jersey Office of Public Finance unveiled its annual debt report Friday showing that the ...Read More »
NEW YORK (AP) — Hilton plans to spin off its timeshare business and most of its real estate business in a move to boost shareholder value. Its shares jumped almost 8 percent in premarket trading. The lodging company said Friday ...Read More »
WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week as anxiety over the global economy persisted. Long-term rates resumed their decline after being unchanged last week following six straight weeks of easing. Mortgage buyer Freddie Mac said Thursday ...
Tagged with: 30-year home mortgage rateRead More »
MAYS LANDING, N.J. – Two people are headed to prison for their roles in a timeshare mortgage fraud scheme. Federal prosecutors say 56-year-old Francis Santore, of Northfield, and 36-year-old Alfred Giordano, of Belmar, worked for The Vacation Ownership Group ...Read More »
ATLANTA (AP) — Home Depot reported better-than-expected profit and revenue in the fourth quarter and comparable-store sales jumped as the company continues to ride a sustained recovery in the housing market. The nation’s largest home improvement retailer boosted its quarterly ...Read More »
BEIJING (AP) — Move over, New York City: Beijing is the new “Billionaire Capital of the World.” The Chinese capital has overtaken the Big Apple as home to the most billionaires — 100 to 95 — according to Hurun, a ...Read More »