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Savings income is cut to pennies: Bad news for your nest-egg as the ... - Daily Mail
Savers are being hit with interest rates as low as 0.001 per cent as the Bank of England's base rate falls to its lowest for 315 years. An account with £5,000 now earns as little as 5p a year in interest - a paltry return for a lifetime of prudent ...

Real Estate Resurrection Begins - Forbes
While the data on prices and sales are still awful on a nationwide basis, there are rays of hope emerging for real estate. Sales of new and existing homes continue to decline in the U.S., as assets of all stripes are re-priced lower and consumers ...

The Bust is a Boon - CNN Money
When Scott Furr and his partner Damian Hetherington sold their North Carolina condo in 2003 and moved to Palm Beach County Fla., they intended to buy a house. It took a lot longer than they planned. "The real estate market was exploding here in ...

London property owners face more gloom - This is Money
More than a third of a million homes in London are already worth less than their owners paid for them, analysis by the Evening Standard shows today. Crash: More than a third of a million homes in London are already worth less than their owners paid ...

Make Sure that Our Country Does Not Become Detroit - Huffingtonpost.com
Yesterday, Barack Obama told the leaders of the Congress that the economy is very bad and getting worse. The president-elect's words of warning about the future of the economy is already a present reality for many Americans. The challenge for our ...

Read This Before You Remodel - Wall Street Journal
What Americans spend on their homes after buying them is mind-boggling. Various sources suggest that the nation's annual home-improvement bill -- do-it-yourself and professional remodeling, landscaping and major repair projects -- could be $400 ...

Sir Alan Walters: the Times obituary - Times Online
Known at his peak as the “monetarist in residence” at Margaret Thatcher’s Downing Street, Sir Alan Walters was one of the most influential academic advisers to enter British political life. His first spell as Thatcher’s full-time economic ...

New Year’s reparations - Daily Breeze
Agree? Disagree? Comment on this editorial opinion. The year 2008 was one for the record books. Record property depreciation. Record home foreclosures. Record unemployment. Southwest Florida's economy suffered major declines with Cape Coral at the ...

2008 Financial Crisis - New York Observer
Author Michael Lewis and hedge fund manager David Einhorn in The New York Times over the weekend on the genesis of the current crisis: "Our financial catastrophe, like Bernard Madoff’s pyramid scheme, required all sorts of important, plugged-in ...

December 2008 - Posts - Slate
Well, I end the year with a mea culpa : I should have read the New Republic piece about Holocaust survivor Herman Rosenblat before piping up to defend him. But even after doing so, I agree most with this part of what one of the scholars who initially ...