Foreign buyers are pushing the prices of prime London real estate through the roof. Neighborhoods such as West London, Kensington and Chelsea are particularly popular.
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The apartments at One Hyde Park have been mostly purchased by foreign-registered buyers, according to <em>The Guardian. </em>It said the prices ranged from 3 million to 136 million British pounds ($4.9 million to $221 million).
The latest figures show December was another month of steady, moderate job growth. But for many people still struggling with long-term unemployment, the situation hasn't actually changed much at all.
For Alecia Warthen, the last eight months have been painfully stagnant.
She was the first person in her family to finish college, after growing up in one of the roughest sections of Brooklyn. She had earned an accounting degree and worked as a bookkeeper for most of the last decade.
Originally published on Sat January 5, 2013 1:12 pm
An earthquake with a magnitude of 7.5 hit off the coast of southeastern Alaska just before midnight local time Friday, according to the U.S. Geological Survey. The USGS initially reported the event as a magnitude 7.7 quake.
The National Oceanic and Atmospheric Administration says sea level readings indicate the quake caused a tsunami. "It may have been destructive along coasts near the earthquake epicenter," a NOAA report said.
On the tough side of Terpsichore Street in New Orleans stands a duplex — a two-story, wood-framed building with wood floors, high ceilings and a nice fireplace. But this old house is empty: no furniture, no walls, no electricity, no toilet. Iron bars hide the windows; there's a lockbox on the door. The facade is three different shades of blecch, blurgh and blah.
President Obama may be going into the next big budget fight without his long-time treasury secretary. Timothy Geithner had been planning to leave before the start of the president's second term, but that would mean he is departing with the debt ceiling still looming and the Treasury scrambling to keep up with the government's bills.
ROBERT SIEGEL, HOST:
NPR's Scott Horsley joins us now. And, Scott, Secretary Geithner has made no secret of his plans to leave the government, but it sounds like his departure could be complicated.
Old Aristocracy Hill isn't a part of Springfield, Ill., that draws a lot of attention. The quiet neighborhood dates back to before the Civil War, its historic homes now carefully preserved by proud business owners.
But outside a stately funeral home, a large black-and-chrome Harley Davidson motorcycle trike pulls out of the parking lot, towing a matching casket in its glass-sided trailer.
It's not something you would expect to see, but it's exactly what 67-year-old Lew Bird says his friend Dave Rondelli wanted: one last ride.