Two-thirds of boomers’ daughters say they are providing some sort of financial support to their parents, up from 48 percent in 2007, when the initial…
Nassim Taleb, author of “The Black Swan,” said he favors investing in Europe over the U.S. even with the possible breakup of the single European…
Sentiment indicators have yet to show signs of extreme pessimism during the Standard & Poor’s 500 Index (SPX)’s retreat since April, suggesting there is still…
THERE is an ongoing debate in this country about the rich: who they are, what their social role may be, whether they are good or…
Most of the unemployed no longer receive aid
By CHRISTOPHER S. RUGABER
The Associated Press
Updated Nov 5, 2011 11:16PM
Washington • The jobs crisis has left so many people out of work for so long that most of America’s unemployed are no longer …
WASHINGTON – A growing number of Americans can’t afford a home or don’t want to own one, a trend that’s spawning a generation of renters and a rise in apartment construction.
Many of the new renters are former owners who lost homes …
NEW YORK (CNNMoney) — High residential vacancies are killing many housing markets, as foreclosed homes sit on the market and depress sale prices and property values.
And it’s only getting worse: The national vacancy rate crept up to just over 13%…
November 26, 2010
Banks Start to Dig Out From Troubled Loans
By FLOYD NORRIS
AFTER several years of decline, this is shaping up to be the year in which the problems of America’s banks began to recede.
The Federal Deposit Insurance Corporation repo…
