Finance & Mortgage

Russian assets rally on view Western sanctions to be limited

Russian shares and the ruble rebounded on Monday on the view that Western sanctions over Crimea would be limited to individuals rather than including trade or financial measures that would inflict significant economic damage.

Retirees return to reverse mortgages, big banks stay away

Baby boomers desperate for retirement income are increasingly turning back to a financial product that, after the housing bust, had been left for dead: the reverse mortgage.

Bitcoin: the underworld's currency

Criminals may already have made off with up to $500 million worth of bitcoins since the virtual currency launched in 2009 - and you can double that if it turns out they emptied Mt. Gox.
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