Reuters Archive

Reuters: Congress passes bill to sue OPEC for antitrust violations

[Skip to the end] Didn’t know this would be enforceable? House passes bill to sue OPEC over oil prices by Tom Doggett (Reuters) The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices, but ...Read More

Mortgage applications soar

Home loan demand surges to near four-year high By Julie Haviv (Reuters) U.S. mortgage applications surged last week, with demand hitting its highest in nearly four years as interest rates plunged, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both ...Read More