IN BRIEF
WASHINGTON — U.S. home prices soared 12.1 percent in April from a year earlier, the biggest gain since February 2006, as more buyers competed for fewer homes.
Real estate data provider CoreLogic says prices rose in April from the previous April in 48 states. Prices also rose 3.2 percent in April from March, much better than the previous month-to-month gain of 1.9 percent.
Prices in Nevada jumped 24.6 percent from a year earlier, the most among the states. California's gain was next at 19.4 percent, followed by Arizona's 17.3 percent, Hawaii's 17 percent and Oregon's 15.5 percent.
IRS officials enjoyed luxury hotel rooms
WASHINGTON — Already heavily criticized for targeting conservative groups, the Internal Revenue Service absorbed another blow Tuesday as new details emerged about senior officials enjoying luxury hotel rooms, free drinks and free food at a $4.1 million training conference. It was one of many expensive gatherings the agency held for employees over a three-year period.
One top official stayed five nights in a room that regularly goes for $3,500 a night, and another — who was later promoted — stayed four nights in a room that regularly goes for $1,499.
A total of 132 IRS officials received room upgrades at the conference in 2010 in Anaheim, Calif., according to a report by J. Russell George, the Treasury Department inspector general for tax administration. The tax agency paid a flat daily fee of $135 per hotel room, the report said, but the upgrades were part of a package deal that added to the overall cost of the conference.
By The Associated Press
IRS officials enjoyed luxury hotel roomsWASHINGTON — Already heavily criticized for targeting conservative groups, the Internal Revenue Service absorbed another blow Tuesday as new details emerged about senior officials enjoying luxury hotel rooms, free drinks and free food at a $4.1 million training conference. It was one of many expensive gatherings the agency held for employees over a three-year period.One top official stayed five nights in a room that regularly goes for $3,500 a night, and another — who was later promoted — stayed four nights in a room that regularly goes for $1,499.A total of 132 IRS officials received room upgrades at the conference in 2010 in Anaheim, Calif., according to a report by J. Russell George, the Treasury Department inspector general for tax administration. The tax agency paid a flat daily fee of $135 per hotel room, the report said, but the upgrades were part of a package deal that added to the overall cost of the conference.
