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Site Presented By - SalonEconomists were anticipating a bad jobs report for November, but the new numbers, by any standard, are shocking. The Department of Labor reported that non-farm payrolls in the U.S. declined by 533,000 in November. That would make 1.2 million jobs ...
More Business - San Francisco Gate"A house is only worth what the bank says," said Terry Hastings, a partner at Hamilton Mortgage, in Ridgefield, Conn. "It's not worth what the buyer says anymore." Mortgage lenders determined to stave off additional losses are demanding more thorough ...
A big, fat "I told you so" from Joe Stiglitz - SalonIn the brand-spanking-new issue of the Economist's Voice, economist and Nobel Prize laureate Joseph Stiglitz takes a look back at a paper he wrote almost 20 years ago "commenting on the move -- just beginning then -- towards securitization ...
The Coming Recession - Reason.comAs this issue of reason goes to press, the dollar is at a record low against the euro, oil is more than $100 a barrel, consumer prices are up 4 percent from a year ago, and Federal Reserve Chairman Ben Bernanke is cutting interest rates so often that ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. If the Big Three automakers follow the instructions of House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid, they will unveil on ...
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