Wealthy Manhattanites are clamoring for a new status symbol: their own washer and dryer!
Food prices are rising in China. For us higher food prices mean we get fat a little more slowly; for a poor Chinese family it means starvation stalks a little closer.
Another round of GDP growth figures are out, and they show that the U.S. economy continues to grow far slower than necessary to sustain job growth. Is this a temporary problem, or something we can expect to live with for the foreseeable future?
Banks are faced with a huge number of foreclosures and that resources they’ve allocated towards handling them was woefully inadequate.
Mary Anastasia O’Grady takes Jeffery Golodberg to task over his interview with Fidel Castro. Much hilarity (or, at least, poor analysis) ensues.
President Obama told the Congressional Hispanic Caucus, “Long before America was even an idea, this land of plenty was home to many peoples. The British and French, the Dutch and Spanish, to Mexicans, to countless Indian tribes. We all shared the same land.”
For many reasons, the housing market is unlikely to fully recover for the foreseeable future.
Free parking is a very inefficient use of land resources that wouldn’t exist without government mandates and subsidies. Is it time to end the practice?
Lenders and Borrowers seem poised to make the same mistakes that brought about the last Housing Bubble all over again.
Some number of people are staying married while living separate lives. This is, apparently, news.
You’re invited to attend President Obama’s birthday party. That’ll be $30,000.
Those with million dollar plus mortgages are defaulting at almost twice the rate on those smaller loans. Are the rich more ruthless?
The real estate market is returning to normal after being artificially stimulated by a tax credit.