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Bernanke should avoid testifying in AIG bailout case

Federal Reserve Chairman Ben Bernanke should not testify in the lawsuit by American International Group‘s (AIG) former chief Maurice Greenberg against the U.S. over the insurer’s 2008 bailout, the U.S. Department of Justice said, Reuters writes.

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Why are existing home prices rising when sales are still so low? 

Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.

3d rendering of a row of luxury townhouses along a street

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