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Canada PM: data indicate Canadians' mortgage debt is manageable

OTTAWA (Reuters) – All data indicate that Canadians’ mortgage debt loads are “very manageable” but some people are over exposed, Prime Minister Stephen Harper said on Thursday. “It remains our analysis … that the Canadian housing sector should be strong and stable over the longer term,” Harper told a televised news conference in the Ontario town of Windsor. He also said his government had no current plans to introduce a

Paula Deen's Savannah Estate for Sale for $12.5 Million

Filed under: Buying, Celebrity Homes, Selling ZillowIn addition to a main house in the French Caribbean style, there are two guest cottages and an eight-car garage. By Melissa Allison Celebrity chef Paula Deen is asking $12.5 million for her Savannah estate in the city where she cooked up her Food Network shows. “When Paula is in Savannah, she wants an easier and simpler life,” a source told People magazine of

Thursday, May 14: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price flat-lined all through Far East and early London trading on their Wednesday.  There was a bit of bump up at the noon London silver fix, but the real fireworks didn’t start until the 8:20 a.m. EDT COMEX open.  At that point the dollar index headed south—and the gold price headed north.  Volume exploded as JPMorgan et al stepped in front of the technical

Fund managers make big bet on high-end malls via Simon

By David Randall NEW YORK (Reuters) – Even as the rise of online retailers such as Amazon.com Inc leads analysts to predict the eventual death of the American shopping mall, real estate fund managers are betting some will prosper – if they can lure the right kind of consumer. Simon Property Group Inc, the largest high-end mall operator in the country with properties including Palo Alto, California’s Stanford Shopping Center