News

TransUnion and the good news: car loan delinquencies fall

The Wall Street Journal reports that after many long months of bad news for the recession-laden vehicle industry, it's time for some good news. That's because a TransUnion study has indicated that delinquency rates for consumer auto loans that are at least 60 days past due decreased substantially within the second quarter of 2010. This ...

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Investing in home buying is not possible

"The most essential investment a person ever makes" is what home a home mortgage used to be considered. This was for decades. Next there was a housing crisis that has been here way too long. Homes prices were too high and suddenly became too low. Home sales are at their lowest level in 15 ...

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Obama order permitting stem cell research nixed through ruling of a court

Stem cell research using human stem cell research has been banned once again as an important United States of America election approaches. In a decision on Aug. 23, a United States of America district judge reinstated prohibitions on embryonic embryo. An executive order signed by Barack Obama permitting federal funds for embryonic stem cell research ...

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Americans awaken to realize McMansions are a cost

McMansions are history. Count this symbol of American excess, waste and poor taste as an additional casualty of the housing crisis. New research is showing that large, rambling, expensive homes packed close together in cul-de-sacs have fallen from grace. New construction shows a downsizing trend. Luxurious amenities are being scaled back. The real estate and ...

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Worker productivity drop could lead to job creation

Falling worker productivity statistics after 18 months of gains might be a positive development for job creation and economic recovery. Businesses have enjoyed fat balance sheets by getting more from less after slashing payrolls during the recession. But the latest round of worker efficiency statistics from the Labor Department shows that staffs are stretched too ...

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