The quantity of student loans overdue by 90 days or more has risen to 11.3 percent, its highest point in a year. As youth grapple with student loan debt, they are less likely to take out a mortgage, according to the Federal Reserve Bank of New York.
Qatar reportedly won a bid to buy London's Canary Wharf for £2.6 billion ($4 billion) on Wednesday after its majority owner, Songbird Estates, recommended smaller shareholders accept the 350p per share offer.
A vicar has provoked the anger of his locality after having a graveyard dug up and bodies exhumed in order to make way for a new family home adjacent to the church – reported to be in the region of $1.5 million.
The US stock market hit a historic milestone on Tuesday, following an announcement that the country’s economy grew five percent between the months of July and October ‒ its fastest pace in over a decade.
Investors from Abu Dhabi have secured a deal to purchase the iconic Scotland Yard building in St James’s Park. The building, which has housed the Metropolitan Police Service since 1964, sold for a reported £370 million.
With the Italian economy crippled by recession, more and more churches are being deconsecrated and sold to private buyers, who repurpose these former houses of God into banks, theaters, night clubs and even car repair shops.