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Officially, there are 3.5 million homes for sale nationwide. But there are millions more lurking in the shadows — hidden neatly away on banks’ balance sheets, stalled in foreclosure court proceedings, or simply occupied by nonpaying owners as lenders wait months or years before taking action.
The housing market’s ballooning shadow inventory [...]
Mitt Romney has raised far more money than Mr. Obama this year from the firms that have been among Wall Street’s top sources of donations for the two candidates.
That gap underscores the growing alienation from Mr. Obama among many rank-and-file financial professionals and [...]
MEMPHIS, TN –
(WMC-TV) – Rapper Rick Ross, who is scheduled to appear at tonight’s Memphis Madness event at FedExForum, is unconscious after having a seizure on an airplane.
The flight, from Fort Lauderdale to Memphis, made an emergency landing, according to CNN.
Meanwhile, TMZ is reporting that EMT workers were seen administering CPR to the [...]
New Hampshire Considers Moving Primary to Before Christmas
Ethan Miller/Getty Images(CONCORD, N.H.) — While New Hampshirites are out Christmas shopping this December, they might also take a minute to duck into a voting booth to make their choice for the Republican presidential nomination.
It could happen, judging by the way Secretary of State Bill Gardner has been [...]
Oct. 11 (Bloomberg) — Prime Minister Vladimir Putin said Russia is nearing an agreement with China to supply natural gas to the world’s biggest energy consumer
“Those who sell always want to sell at a higher price, while those who buy want to buy at a lower price,” Putin [...]
(Updates with early trading from first paragraph.)
Oct. 10 (Bloomberg) — Netflix Inc., reacting to customer anger, retreated from a decision to split its mail-order DVD service from its Internet streaming and will continue to run both from a single website. The shares climbed in early trading.
[...]
Of course, Slab City is no city, and no picnic. Some 640 acres of state-owned sand and scrub near the Salton Sea, it offers no electricity, no sewerage, no running water. Once, it was a Marine training base. When it was decommissioned, nothing was left but the concrete slabs where barracks once stood. Gradually, people [...]
Governor of the Bank of England Mervyn King says there are growing signs of a global economic disaster.
THE world is facing the worst financial crisis since at least the 1930s, ”if not ever”, according to the governor of the Bank of England.
Sir Mervyn King was speaking after the decision by the central [...]
In news sure to inject shock and awe into the Republican political primary season, a Zogby poll released Thursday showed Herman Cain leading the Republican field, topping former front-runner Mitt Romney by an astonishing 20 points. Cain would also narrowly edge out Obama in a general election, the poll found, by a 46?“44 margin.
Romney, the former [...]
Nevada’s Republican Party has set its presidential caucuses for Jan. 14 — a move that could increase the chances of the 2012 GOP nominating contest beginning in 2011.
Nevada is one of four states that the Republican National Committee has allowed to hold primaries before the rest; the others are Iowa, New Hampshire and South Carolina. [...]
The GOP presidential field apparently set, Republican primary voters are likely facing a choice between an experienced, establishment candidate in Mitt Romney and an insurgent presidential campaign novice in Rick Perry.
With three months until voting begins, that’s the dynamic that’s starting to emerge now that former Alaska Gov. Sarah Palin and New Jersey Gov. Chris [...]
The death was announced by Apple, the company Mr. Jobs and his high school friend Stephen Wozniak started in 1976 in a suburban California garage.
Mr. Jobs had waged a long and public struggle with cancer, remaining the face of the company even as [...]
CUPERTINO, Calif.–(BUSINESS WIRE)– We are deeply saddened to announce that Steve Jobs passed away today.
Steve’s brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve.
His greatest [...]
The Associated Press is reporting that former Apple CEO Steve Jobs has died.
via techland.time.com
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