A crack is starting to form in the foundation of the U.S. housing-market recovery that extends beyond bad winter weather.
Brazil’s real climbed the most in emerging markets as a report showed net currency inflows were headed for their highest level in almost a year.
The housing recovery in the U.S. is running out of steam as buyers balk at record prices and higher mortgage rates that are making properties less affordable.
International Monetary Fund staff endorsed a $17 billion loan to Ukraine to help the government pay its bills amid a projected economic contraction of 5 percent this year, according to government officials who have seen the recommendations.
Russia vowed to defend its citizens in neighboring Ukraine after the government in Kiev said it’s resuming operations to oust militants from eastern cities.
People convicted of possessing child pornography must pay victims a share of the economic losses they endured, the U.S. Supreme Court ruled in a decision that drew dissents from both directions.
Ukraine’s best hope for keeping furnaces and factories running through next winter is to store as much natural gas as it can after a U.S. aid pledge fell far short of the nation’s needs.
The Obama administration’s latest Keystone XL delay is having an unintended consequence: the revival of the effort in Congress to circumvent the White House by forcing approval of the project.
As the ruble rallied in March amid signs of a detente in Ukraine, Russians weren’t so optimistic.
Following is the text of the weekly Petroleum Status Report from the U.S. Department of Energy:
Peterson’s Posen Says Ukraine Needs IMF Aid (Audio)
Interest.com’s Sante Offers Advice to Car Buyers (Audio)
Peterson’s Aslund Says Current Sanctions Embolden Putin (Audio)
AEI’s Aron Says Armed Stand-Off Makes for Tense Crimea (Audio)
Peterson’s Aslund Says Sanctions Will Sway Russia (Audio)