Archive for Business

Meet the new neighbor: Howard Stern reportedly pays $52 million for Palm Beach home

By Darrell Hofheinz, Daily News Staff Writer, Updated: 3:24 p.m. Thursday, May 16, 2013 Radio personality said to be the buyer of County Road property America’s Got Talent judge and radio shock-talk personality Howard Stern is the likely [...]

A Playbook for Undoing the Sequester

When Congress voted this week to give the FAA more flexibility with its cuts, it set off a race among other special interests to push for exemptions. By Nancy Cook, Updated: April 28, 2013 |  1:32 p.m. [...]

States That Lead and Lag in Job Growth and Competitiveness

Joshua Wright, Forbes.com Contributor, April 7, 2012 When a state expands its workforce from one year to the next, some of the spike might be related to the growth in an industry at the national level, [...]

Wages of young college graduates have failed to grow over the last decade

By Heidi Shierholz | April 4, 2013 As we enter college graduation season, attention often turns to the labor market prospects for the young men and women preparing to enter the workforce. We can get a sense of [...]

Obama administration pushes banks to make home loans to people with weaker credit

By Zachary A. Goldfarb, Washington Post, Published: April 2 The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic [...]

Are There Lessons For the United States in Ireland’s Post-Crash Economy?

Lax lending standards fueled a boom in the country once known as the Celtic Tiger. But the Irish economy is now recovering. By Catherine Hollander | Updated: March 17, 2013 When Ireland’s Prime Minister Enda Kenny meets with President Obama in [...]

Reports: Four Banks Seized Over 700 Military Homes

Military.com News | Mar 04, 2013 Four large U.S. banks seized more than 700 homes of active-duty military personnel after the housing bubble burst, their reports to regulators say. The New York Times reported Monday that Bank [...]

What Is Sequestration and What Does It Mean For Me?

By Niraj Chokshi | Updated: February 26, 2013 | 7:42 a.m. This won’t hurt a bit. Just kidding. Sequestration could hurt a lot, for a lot of people. By now you’ve probably heard or read a thing or two [...]

Facebook Gets a Multibillion-Dollar Tax Break

By Peter Coy on February 15, 2013 It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deduction for the cost of executive stock options and share awards. Even though Facebook [...]

In Hard Economy for All Ages, Older Isn’t Better … It’s Brutal

By CATHERINE RAMPELL | Published: February 2, 2013 Young graduates are in debt, out of work and on their parents’ couches. People in their 30s and 40s can’t afford to buy homes or have children. Retirees are earning near-zero interest on [...]