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U.S. “Home Equity” Loans Revealing

A Bloomberg headline today read “Americans Tap $8.3 Billion in Home Equity, Least in a Decade”. This is indeed a very news-worthy figure. Sadly, you [...] read more »
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Post-census USA in unemployment doldrums

The census workers have gone home and the US employment picture looks a bit like another recession. Let's hope it's not. read more »
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Why Bankruptcies Continue to Skyrocket

A number of factors have been attributed to more people filing for bankruptcy, but the biggest has been the financial crisis and Great Recession. read more »
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Does The Fed Have Anything Else in its Bag of Tricks?

What’s troubling is that the Fed and every other governmental budget officer has spent their wad on propping up the economy. Is there anything else t[...] read more »
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Is America Sinking into Hopeless Debt?

America has been racking up deficit for decades. One might hope that all the financial chaos and bailouts we have had in the last two years, the nati[...] read more »
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Luxury cars are selling better than expected in 2010

Germany’s car makers struggled in last year’s global downturn, which didn’t spare luxury brands any more than it did mainstream segments. But this ye[...] read more »
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The Culture of More: 5 Socioeconomic Bubbles Ready to Pop

How growth, consumption and 3 other bubbles have inflated over the past few decades and why they may be ready to pop. read more »
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Hike the federal gas tax? - Don't Mess With Taxes

A discussion of a raise in Federal Gas Tax, an interesting proposition by Kay Bell. read more »
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Travel and Tourism Expenditures in America [INFOGRAPHIC]

All the stats...even what the BP spill has done to tourism this year. read more »
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Interest Rates Hit 25 Year Low

Investors have been fleeing riskier securities and moving to the perceived safety of U.S. Treasury securities. This has created a significant demand[...] read more »
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Are the Rich Walking Away From Million Dollar Mortgages?

Data suggests that people in such expensive homes have stopped paying their mortgages at a higher rate than the general population. Are people in the[...] read more »
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Benefits Of Hosting The FIFA World Cup Part I

Take a look behind the scenes of FIFA's marketing and the benefits of hosting the world's most widely viewed sporting event. read more »
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Lebron James, Wealth, and Taxes

A lesson for state legislators from the Lebron James sweepstakes! read more »
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Depression Solution Part 2: Derivatives and Financial Innovation

The common thinking about the recent economic collapse is that financial instruments, like derivatives and quantification formulas, were the reason f[...] read more »
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7.9 million jobs lost, many forever

The recession killed off 7.9 million jobs. It's increasingly likely that many will never come back. The government jobs report issued Friday shows t[...] read more »
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