Business
Best Buy's Founder Bids To Take Over Retailer
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Friday, August 17, 2012
Economy
Low Mortgage Rates Boost 'Serial Refinancers'
August 17, 2012 Refinancing is not available to everyone. But those who can refinance switch from adjustable- to fixed-rate mortgages, locking money in at rates their parents in the 1980s never dreamed of. Many shave a couple of hundred dollars off their monthly mortgage payment; some get an even bigger windfall.
Friday, August 10, 2012
Business
Why Evading U.S. Rules May 'Tempt' Foreign Banks
August 10, 2012 The London-based Standard Chartered Bank faces charges of laundering Iranian funds and violating U.S. sanctions against Tehran. The U.S. has laws in place regulating foreign assets, but how effective are they?
Tuesday, August 07, 2012
Tuesday, July 31, 2012
Crisis In The Housing Market
Is Housing Recovery Real? Not Everyone Is Convinced
July 31, 2012 Homebuilding is at its highest level in nearly four years. More homes are selling, and at higher prices. But skeptics say factors, including the struggling economy and a lurking inventory of foreclosed and delinquent homes, will push prices down further.
Thursday, July 26, 2012
Business
For Temp Workers, 'Temp' Looking More Permanent
July 26, 2012 The temp industry has done well in the economic recovery. But while temporary work used to be considered a steppingstone to a full-time job, some experts argue that employers may be less inclined than in the past to shift away from temp staffers when the economy rebounds.
Friday, July 13, 2012
Crisis In The Housing Market
County Considers Eminent Domain As Foreclosure Fix
July 13, 2012 California's San Bernardino County says seizing troubled properties would allow those homeowners to refinance their loans. Critics say the plan, if implemented, will be bad for business and could dissuade banks from making future loans in the county.
Friday, July 06, 2012
Business
For Some Businesses, Daily Deals Have A Dark Side
July 6, 2012 Groupon and Living Social have become a major force in retail, but they require businesses to offer deep discounts. At times, the flood of extra customers comes at a high cost.
Wednesday, July 04, 2012
Business
Ex-CEO: Barclays Isn't The Only Bank At Fault
July 4, 2012 "We have a profound issue — that is, an industry-wide issue, not just a Barclays issue," Robert Diamond told Parliament members Wednesday. The former head of Barclays Bank resigned Tuesday over a growing interest-rate manipulation scandal.
Monday, July 02, 2012
Friday, June 29, 2012
Judging The Health Care Law
Business Owners Mixed On Health Care Ruling
June 29, 2012 The Supreme Court's ruling upholding the federal health care law was met with a variety of reactions from business groups and owners. Some said the decision would help them grow, but others said the ruling would make them more hesitant to hire.
Tuesday, June 26, 2012
Crisis In The Housing Market
Sinking Under A $10,000 Monthly Mortgage Payment
June 26, 2012 A growing number of those seeking help from mortgage counselors are high-income owners of million-dollar homes in wealthy communities like Laguna Beach, Calif., and Westchester County, N.Y. But large home loans can be more difficult to modify than more modest ones.
Thursday, June 21, 2012
Crisis In The Housing Market
Bidders Get Feisty Over Foreclosed Homes
June 21, 2012 The inventory of homes for sale in California is low, even in areas with high foreclosure rates. That's made any available home enticing to buyers. But with so few houses for sale, bidding wars have returned. In many cases, investors are squeezing out the families trying to buy.
