Tag: economy
Continuing housing crisis: Ghost suburbs and empty real estate
Some 1.5 million homes are sitting vacant in the United States, shaking confidence and changing the landscape throughout the country....
Government gives prepaid debit cards for benefits, consumers get slapped with fees
More than 40 state governments now have contracts with banks to give unemployment benefits on pre-paid debit cards. Banks are cashing in on the game with fees....
Americans unprepared for financial disaster
Too many Americans have already maxed out their credit cards and couldn't get a loan, even in the case of financial emergency. ...
Cost of Joplin, Missouri, tornado: $3 billion
The insured losses in Joplin, Missouri, after the recent disaster could reach between $1 billion and $3 billion. ...
Should Wall Street execs from Goldman Sachs be put on trial?
Executives from the Wall Street firm Goldman Sachs stand accused of lying to Congress, but so far, there's little indication that they'll stand trial. ...
Wall Street Banks, Goldman Sachs, Bank of America, and Morgan Stanley, subpoenaed
The New York Attorney General Eric Schneiderman has subpoenaed major Wall Street banks on the way they packaged mortgage-backed securities....
Newt Gingrich fights with GOP over budget
Presidential hopeful Newt Gingrich attacked the Republican budget plan proposed by Paul Ryan. The GOP has been swift in attacking Gingrich back....
Cost of closing the Mississippi: $295 million per day
The Mississippi River continues to rise, and the Coast Guard and Army Corps of Engineers are working to contain the damage. But the costs are still high....
Toyota profits tumble, but for how long?
Toyota has fallen to the third biggest automaker in the world, as profits tumbled after the earthquake. ...
Jobs for college grads: Getting better
The job market for new college graduates is better this year than it was in a few years past, but unemployment remains high....
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