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Another Important Sign Housing is Improving
Published January 17, 2013
The number of underwater mortgage borrowers is still steadily declining, says CoreLogic, a market research firm. And that’s another positive sign for housing.
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U.S. Banks on the Mend
Published January 16, 2013
Just 51 banks failed last year, according to research from SNL Financial. That number is well off the pace of 2011, when regulators closed 92 banks.
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Wal-Mart’s 'For Hire' Sign for Veterans
Published January 15, 2013
The president of Wal-Mart’s U.S. operations, William Simon, announced in a keynote speech at the National Retail Federation conference that the world’s largest retailer wants to be the biggest employer of U.S. military veterans.
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Home Prices Rise by Most Since May 2006
Published January 15, 2013
A top housing research firm says home prices have rebounded sharply, posting their biggest increase in November since the spring of 2006.
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Moody’s: U.S. Fiscal Cliff Deal Has 'Limited' Positives
Published January 10, 2013
Moody’s Investors Service is out with a new report that again warns the fiscal cliff deal fails to deliver a "meaningful improvement" to the federal government’s debt trajectory well into the future.
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New Government Report Backs Car Mileage Tax
Published January 10, 2013
The federal government is becoming increasingly convinced that mileage fees are a great way to raise spending money, as much as $78 billion annually, says the new report from the Government Accountability Office.
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There’s More to Greenberg’s AIG-Government Lawsuit
Published January 09, 2013
The U.S. Treasury along with the New York Federal Reserve gave AIG a massive rescue package -- and former AIG chief Hank Greenberg now says government overseers ran ‘amok’ in the bailout.
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The Goldilocks Mush of a Jobs Report
Published January 04, 2013
The broader jobless rate that counts discouraged workers was stuck at 14.4%. There are now more than four million fewer jobs out there than when President Barack Obama first took office in 2008.
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AIG Thanks America, But Investors Not Thankful Yet
Published January 02, 2013
AIG debuted a new ad campaign showing gratitude to taxpayers for one of the biggest bailouts in U.S. history. But investors aren’t in a thankful mood yet as AIG is still trading at around half its book value with a single digit return on assets.
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What Would Margaret Thatcher Do?
Published December 26, 2012
Perhaps elected officials could turn to former Prime Minister Margaret Thatcher for inspiration about leadership and deficit reform.
