By Richard Kogan Federal spending has been above the historical average in the past few years and is expected to stay above average after the economy recovers. Does this mean we are witnessing a…
When will market uncertainty be a thing of the past? Investors keep asking this simple question, almost rhetorically, but no easy answer has been forthcoming as tension continues to mount in our financial markets. …
Wikimedia, public domainAs home prices continue to slide, more and more homeowners find themselves owing more on their homes than those houses are worth. The slowing level of foreclosure activity last year only exacerbated…
by Jesse Eisinger, ProPublica, March 2, 2012, 8 a.m. In early November 2010, as the Federal Reserve began to weigh whether the nation’s biggest financial firms were healthy enough to return money to their…
Africa is not referred to as the “Dark Continent” for nothing. According to the World Bank’s Africa Energy Unit (AFTEG), for most of Africa’s population the availability of reliable and inexpensive electricity remains inaccessible…
Wikimedia commons - public DomainOn March 8th, Peyton Manning is set to make $28 million from the Indianapolis Colts, the highest amount ever paid to an NFL athlete, despite missing all of last year…
Overall union membership in the U.S. increased last year — the first time it did not decline since 2007. The story gets slightly complicated when comparing union membership in the private sector vs. the…
wikimedia commonsFive major U.S. banks accused of foreclosure abuses have agreed to a $26 billion settlement with the government, the largest payout from banks arising from the financial crisis. The amount, which will include…
The prosperity of former republics of the USSR, which collapsed in December 1991, has primarily been driven by the development of energy resources in the post-Soviet era, notably around the Caspian. Out of the…
The global recession officially ended in 2010. Since then many countries have begun experiencing economic growth again. However, North American and Western European nations are recovering at a much slower pace than the rest…
Just because you’re retired doesn’t mean you don’t have to work. As of the end of last year, 7.3% of Americans 75 and older were employed — the highest level since 1966, according to…
Flickr, Images of MoneyHow much residents of each state owe on their mortgages is an interesting statistic. For the most part, residents of the states with the highest average mortgage debt are not in…
Robert Murray http://www.geograph.org.uk/photo/1449653Depressed stock prices are always attractive to investors willing to take risks. And many Canadian energy firms’ stocks are in the doldrums, fueling talk of takeover bids, which leave many in Ottawa…
Each year, the U.S. Patent Office and Trademark Office awards hundreds of thousands of patents to American and global companies. Last week, IFI Claims Patent Services, a producer of patent databases, released its top 50 ranking…
by Lena Groeger ProPublica, Propublica, Jan. 11, 2012, 10:41 a.m. Answers to homeowners’ questions about the Independent Foreclosure Review.The administration’s website for the foreclosure prevention program. Provides an FAQ, homeowner examples, and other tools…
Balancing the budget is not just a federal problem, but a state one as well. The Great Recession resulted in some of the worst state revenues and budget shortages of all time. According to…
flickr/Harald GrovenWhen China’s $27.69 billion Three Gorges Dam Project began in 1993, it was lambasted by a host of critics, from engineers who thought that a hydroelectric facility of such magnitude was beyond Chinese…
Customer service surveys cannot entirely distinguish between true, direct customer service on the one hand and brand perception and reputation of the company providing the service on the other. A look at the customer…
It is no secret that the national housing market has gotten even worse this year. With each passing month, it seems that most measures pointed to further weakening. Although there are a few exceptions…
As economic conditions in the country improve, it is not enough to quote national statistics and vague data. Tangible, localized measures often paint a much clearer picture of the recovery across the nation. And…