Obama meets social innovators, pledges government’s support for efforts to improve communities

WASHINGTON — President Barack Obama on Tuesday promised that the White House will do its part to support grassroots organizations that are successful in their efforts to improve communities.

Johnny Depp film has Tucson revisiting historic arrest of ‘public enemy’ John Dillinger

Bank robber John Dillinger might have thought he’d found the perfect hideout in Tucson, Ariz., in January 1934. The dusty city was a far cry from Chicago, where every law enforcer was looking for him.

Meltdown 101: With housing values still tumbling, what’s the best way to gauge prices?

WASHINGTON — Is the historic U.S. housing market crash close to being over, or is the end still far, far away?

Cities seek to stem rising tide of vacant properties caught up in nation’s housing downturn

LOUISVILLE, Ky. — David Brown Kinloch could have lived elsewhere, but he chose to move into an abandoned home in a distressed Louisville neighborhood that others were leaving in droves.

Existing home sales rose 2.4 percent in May; prices plunge 16.8 percent

WASHINGTON — Sales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of a housing recovery are fragile at best.

Stocks rise modestly after Monday’s rout as investors await home sales data, Fed meeting

NEW YORK — Investors are proceeding cautiously after Monday’s big selloff.

US stock market set for higher open after Monday’s rout as investors await home sales data

NEW YORK — Investors are cautiously upbeat again after Monday’s big selloff.

Fire moves into houses nation’s foreclosure crisis left abandoned _ but not always empty

FLINT, Mich. — Like the house across the street gone missing and the one at the corner stripped of its front door, the weathered brown bungalow at 1430 Jane Ave. bided its time, edging nearer to a meeting with a wrecking crew.

Fire finds a home in houses left abandoned _ but not always empty

FLINT, Mich. — Like the house across the street gone missing and the one at the corner stripped of its front door, the weathered brown bungalow at 1430 Jane Ave. bided its time, edging nearer to a meeting with a wrecking crew.

Nonprofit planned to give injured vet Md. home, then finds family already owns 2 Ga. homes

PASADENA, Md. — A veteran who lost three limbs in Iraq will not get the keys to a new home, after a nonprofit group said the family concealed that they already own two homes.

Badly damaged Frank Lloyd Wright home in Los Angeles being sold for $15M

LOS ANGELES — A badly damaged Frank Lloyd Wright landmark has been put up for sale by a foundation that is having trouble raising money and sees private ownership as the best way to save it.

UK Parliament releases details of lawmakers’ expenses, censors most scandalous details

LONDON — Britons won the chance on Thursday to see the lawmaker expenses claims that sparked a political scandal — but found the most outrageous details hidden by the thick black strokes of a censor’s pen.

Former Iraq ambassador Ryan Crocker building home in Spokane Valley

SPOKANE VALLEY, Wash. — Former U.S. Ambassador to Iraq Ryan Crocker says he’s enjoying a much quieter life in the Spokane Valley.

Army Corps of Engineers takes on bold task: Moving flood-prone Ky. town to higher ground

MARTIN, Ky. — The trucks have come again to haul away soaked sofas and waterlogged mattresses. Cars that weren’t moved soon enough have been towed away, their engines and interiors fouled.

Michelle Obama says government programs cannot rebuild communities, volunteers are key

WASHINGTON — First lady Michelle Obama said Tuesday that struggling communities shouldn’t look to government alone for help.

Temporary closure of Harry Truman home beginning in August

INDEPENDENCE, Mo. — If you’re a Harry Truman fan, you have until Aug. 2 to visit his home in Independence before it closes for renovations.

Freddie Mac: Rates on 30-year fixed mortgages highest in 7 months

WASHINGTON — Rates for 30-year home loans jumped to the highest level in seven months this week, leading to a slowdown in refinancing activity, Freddie Mac said Thursday.

Highlights from the Fed’s latest survey of economic conditions across the country

WASHINGTON — Highlights from the Federal Reserve’s survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed’s 12 regional bank districts.

British lawmaker to sell duck house for charity after taxpayers cry (water) fowl

LONDON — It was part of an expense claim that outraged taxpayers: A floating duck house, claimed for on the public purse.

Luxurious Las Vegas community not isolated from real estate meltdown

LAS VEGAS — It was a symbol of Las Vegas largesse during the good times. Now it’s an emblem of recession blues.

Photograph of nude Carla Bruni fetches euro13,000 at Berlin auction

BERLIN — A revealing photograph of former model and France’s current first lady Carla Bruni was bought for $19,600 by an anonymous bidder Thursday at a Berlin auction house.

Homebuilders seeing stronger pulse in ailing housing market, but more pain likely ahead

LOS ANGELES — Homebuilders across the country say they are finally seeing signs the three-year housing downturn is ending.

Gulf Coast hurricane victims who missed deadlines to leave temporary trailers now offered help

NEW ORLEANS — Thousands of Gulf Coast hurricane victims who have missed deadline after deadline to leave their federal housing are being offered additional help and the chance to buy trailers for as little as $1 as the government seeks to avoid mass evictions.

Bonds rise, pushing yields lower, despite stronger-than-expected gain in pending home sales

NEW YORK — Yields on long-term Treasurys, a key barometer for interest rates on mortgages and other loans, pulled back Tuesday despite a surprisingly large increase in pending home sales.

Treasury secretary grapples with sluggish market _ for his own suburban NY home

NEW YORK — The real estate market’s troubles are hitting close to home for Treasury Secretary Timothy Geithner.

50 Cent testifies in lawsuit over Conn. mansion repairs, says company overbilled by $3 million

HARTFORD, Conn. — Rapper 50 Cent said Tuesday that he never would have bought a Connecticut mansion once owned by boxer Mike Tyson had he realized it would require millions in repairs and renovations.

50 Cent testifies in his lawsuit over Conn. mansion repairs, says co. overbilled by $3 million

HARTFORD, Conn. — Rapper 50 Cent said Tuesday that he never would have bought a Connecticut mansion once owned by boxer Mike Tyson had he realized it would require millions in repairs and renovations.

Stocks rise as pending home sales post biggest jump in 8 years; Dow moves into black for 2009

NEW YORK — Investors are gently adding to their gains a day after rushing into the stock market.

Pending US home sales rise more than expected in April, biggest monthly jump in nearly 8 years

WASHINGTON — The number of U.S. homebuyers who agreed to buy a previously occupied home took the largest monthly jump in nearly eight years in April, but there are still plenty of danger signs for the U.S. housing market.

Stocks adance modestly as investors look to hold gains, await data on pending home sales

NEW YORK — Investors are gently adding to their gains a day after rushing into the stock market.

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