May CPI in U.S. Rose 0.1%, Housing Starts Up 6.8%

June 18 (Bloomberg) -- The cost of living in the U.S. rose less than forecast in May. The consumer price index was up 0.1 percent after falling 0.4 percent in April, the Labor Department reported today in Washington. Another report showed housing starts for May climbed 6.8 percent, less than forecast, to a 914,000 annualized rate after a revised 856,000 pace in April, the Commerce Department said. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
The Tax Man Is Watching Your Home From Above
26:53 - A growing trend among municipalities is to hire private aerial photography companies to take high resolution photos of local houses. Through analytic software, a small number of property tax assessors can pinpoint changes across many homes and adjust taxes accordingly, usually raising substantial amounts of money. Bloomberg's Suzanne Woolley explains how it works. (Source: Bloomberg)
  • The Return of Lehman Brothers’ Dick Fuld
  • Bloomberg Brief Deal in the Spotlight
  • Bloomberg Brief Municipal Market Weekly Video 05/28/15