LONDON (MarketWatch) - European stock markets posted sharp losses on Thursday as a higher-than-expected rise in U.S. jobless claims failed to calm fears that the Federal Reserve could begin to taper its asset purchases next week.
Connecticut foreclosure filings in November were down 2.1 percent from October, but the 1,973 filings were 37 percent higher than a year ago, research firm RealtyTrac reported Thursday.
WASHINGTON - Average U.S. rates for fixed mortgages eased slightly this week, remaining near historically low levels. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan declined to 4.42% from 4.46% last week.
JPMorgan Chase is in talks to pay federal authorities about $2 billion to resolve investigations into whether it failed to alert the government to Bernard L. Madoff's Ponzi scheme, a person familiar with the talks said Thursday.
A pedestrian walks past a Hilton Hotel in New York. Photographer: Victor J. Blue/Bloomberg. Hilton Worldwide Holdings Inc. (HLT:US), the world's biggest hotel operator, climbed after raising $2.35 billion in a record initial public offering for the industry.