US housing prices slip in October

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US home prices fell in October for the second straight month, a key index of the industry shows.

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US housing prices slip in October

Tokyo Electric Power wants government bailout to help pay victims of meltdowns

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Tokyo Electric Power Co asked a government-backed bailout body on Tuesday for an additional 690 billion yen ($8.8 billion) to help compensate victims of the nuclear crisis at its Fukushima Daiichi power plant. To help Japan’s biggest utility, known as Tepco, meet costs running into trillions of yen for compensation and cleanup, the government had already agreed in November to provide 890 billion …

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Tokyo Electric Power wants government bailout to help pay victims of meltdowns

ECB warns against IMF bailout funds

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The ECB’S chief economist has warned against using the IMF to bail out debt-mired eurozone countries.

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ECB warns against IMF bailout funds