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U.S. markets recover from steep losses
WASHINGTON, June 20 (UPI) -- A U.S. consumer advocacy group condemned real estate trade groups for allegedly setting prices and blocking competition.
Stephen Brobeck, head of the Consumer Federation of America, says real estate groups act like a cartel in maintaining a "cockamamie" commission system to block discount firms from gaining market share, The Washington Post reported.
Brobeck said some inexperienced real estate agents charge 7 percent sales commission, enough to buy a new car.
He also praised Justice Department efforts to pressure state officials to open the business to new, more competitive, business models.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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ORLANDO, Fla., May 23 (UPI) --
The U.S. Air Force has added Lockheed Martin to its list of companies for support of its medical services worldwide.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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