$1.2 trillion across-the-board cuts will automatically occur if Congress’s supercommittee doesn’t come up with at least $1.2 trillion of cuts on its own by Dec. 23. But what will really be triggered is a deeper recession and higher unemployment.
Traditional equity and debt financing options have become much more difficult to secure. But there are some good nontraditional alternatives.
Las Vegas lost its title as the nation's foreclosure capital last month, according to a new report. But Las Vegas foreclosures are not dwindling much, just delayed.
Ally, which become a bank in 2008 with the help of bailout money, is considering putting ResCap, its residential mortgage unit, into bankruptcy. What does this mean for the bank as a whole?
The difference can be hard to quantify, but hand-washing wins out. But is it worth the extra time?
We can have an efficient system that serves us well if we simplify the current code by treating all income the same, closing loopholes, and sticking with the progressiveness of the current rate structure.
Amid all of the fuss over Cain's 9-9-9 plan and Perry's massive cuts, Romney's more conventional tax plan has largely flown under the radar. That's exactly the way he wants it.
People demand that the feds take action against a bad economy, not realizing that the feds — more than anyone else — are responsible for their misery
The average rate for a 30 year fixed rate mortgage declined 8 basis points to 4.12 percent since last week while the purchase application volume increased 4.8 percent, and the refinance application increased 12.10 percent over the same period
Nearly 4 in 10 seniors carry a mortgage, almost double the rate in the mid-1990s. With no boost in housing prices or Social Security benefits, indebted seniors face a squeeze.
While the official unemployment figures continue to hover around 9 percent in the U.S., the real unemployment is rate is closer to 16 percent. In Europe, however, real unemployment figures are much lower than actual figures. Why?
Holiday cards can be a fairly time-consuming project, but worthwhile. Here’s how to do it.