Home sales fell 27 percent between June and July. The news suggests that working through a glut of unsold homes and foreclosed properties may take longer than some economists predicted.
Egg recall originator, agribusinessman Jack DeCoster, is pulling 380 million eggs off the shelves. His corporate malfeasance reaches back for decades, but he seems to regard fines as the cost of doing business. A database of repeat corporate offenders could prevent another egg recall or oil spill.
Insurance rates for cars aren't necessarily the cheapest in these five states. But their residents earn enough that they pay the lowest percentage of their median income to insure a car, according to new numbers from InsWeb, an online website that compares insurance rates. Is your state on the list? [Editor's note: The cost figures were changed to reflect annual rates.]
The Pittsburgh Pirates earned large profits despite losing most of their games, thanks to low payroll and high league revenue sharing.
China's economy grows while its people stay poor. But with that many people, their GDP will still surpass America's soon.
[Editor's note: For an updated list of brand names and plants involved in the egg recall as of Aug. 26, click here.] Egg recall? It's just the latest in a number of high-profile food recalls in the United States in the past five years. The rate of major food-borne illnesses is down since the 1996-98 period, the Centers for Disease Control and Prevention (CDC) reported earlier this year. But with food production concentrated in large companies with regional or nationwide distribution, the US has seen several major food recalls. Among the biggest (click the right arrow for each new item):
College students tend to choose roommates identical to themselves, but there are long-term benefits to living and working in a diverse environment.
When 1,004 American adults were asked to identify their dream job, they usually wanted to grab the limelight with a high-profile position, according to a poll released Monday by Marist College in Poughkeepsie, N.Y. Here are their Top 5 dream jobs:
The US is no longer in a recession, most economists say. But the economic recovery has slowed due to cautious attitudes among consumers and businesses, among other factors.
Despite the rhetoric, the Administration proposal would still extend nearly all of the 2001 and 2003 tax cuts, increasing the deficit by $3 trillion instead of $3.7 trillion over the next decade.