Saturday, September 17, 2011
NYTimes: Decoding the Wide Variations in House Appraisals
Appraisals seem just as subjective now as when the market was moving up. Why is the process so opaque? I set out to try to figure that out.
NYTimes: Household Net Worth Falls 0.3% in Quarter
While American's wealth declined this spring for the first time in a year, corporate cash rose 4.5 percent, according to a Federal Reserve report.
NYTimes: Spotlighting 401(k) Plans, Thanklessly
BrightScope, run by two brothers out of a crowded office in San Diego, is trying to turn its data mining and 401(k) plan rankings into a lasting business.
Friday, September 16, 2011
Thursday, September 15, 2011
NYTimes: Tackling Reams of Bank Data Can Take Diligence, and Trust
Even if analysts could somehow reconcile all the numbers gushing from the nation's banks each quarter, they would still be significantly in the dark.
Wednesday, September 14, 2011
NYTimes: Debt Panel Opens With Bleak Economic Picture
The director of the Congressional Budget Office told the committee that while the federal debt could bring on a crisis, action could hurt an economic recovery.
NYTimes: Tax Plan for Jobs Bill Has Familiar Ring
Some proposals for taxes to pay for the jobs bill may sound familiar to Americans, like higher taxes on the rich and an end to some tax breaks like the one on corporate jets.
NYTimes: Bigger Economic Role for Washington
Just weeks ago, economists and financial analysts were dismissing Washington as largely irrelevant to the economy's course in coming months, but they are not anymore.
Tuesday, September 13, 2011
NYTimes: Bank of America Confirms Plan to Cut 30,000 Positions
About 30,000 jobs will be eliminated over the next few years as part of $5 billion in cuts planned by the chief executive, Brian T. Moynihan.
NYTimes: Outsiders' Ideas Help Bank of America Trim Jobs and Costs
Bank of America relied on a team of consultants to come up with plans to eliminate 30,000 jobs and cut annual costs by $5 billion.
NYTimes: Kentucky: Bridge Closure Prompts Concerns
Officials from Kentucky and Indiana are reassuring commuters that two remaining Ohio River bridges in Louisville are safe as the shutdown of a third span has left drivers in a tangle of detours and traffic.
NYTimes: U.S. Spending Billions on Rural Jobs, but Impact Is Uncertain
The Obama administration is investing billions of dollars to promote economic development in rural areas, but critics say the effort is producing little.
Monday, September 12, 2011
Sunday, September 11, 2011
NYTimes: When it Comes to Fixing the Roof, Look Before You Leap
Assessing the health of your roof requires a discerning eye, but it pays enormous dividends.
NYTimes: When Real Estate Agents Make Referrals
Borrowers have a right to be informed of any business relationship between the real estate agent and the mortgage broker.
THE 9/11 DECADE: The Lexicon
From The New York Times:
Ground zero, sleeper cells, progressive vertical collapse: The most resonant phrases of 9/11 are imbued with what might be called antipoetry, a resistance to prettification.
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