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Oakland in talks on land bank Monday, September 6, 2010 @ 3:53AMPontiac -- Oakland County officials are in talks over a proposal to start a land bank after Democratic commissioners proposed the plan last month.
Report paints bleak labor numbers for Wisconsin Sunday, September 5, 2010 @ 11:38PMWhen President Barack Obama arrives in Milwaukee for Monday's Laborfest rally, he'll be confronted by another troubling economic report that shows the toll the Great Recession has taken on America's workers. Only, this report isn't national - it's local.
Labor Day's dreary forecast Sunday, September 5, 2010 @ 10:02PMThis Labor Day the economic indicators are about as bad as they were last year. South Florida is still not out of this Great Recession hole, and thousands of workers are idle.
Press Briefing by Press Secretary Robert Gibbs, 9/2/2010 Thursday, September 2, 2010 @ 4:51PM* The President spoke with FEMA Administrator Fugate today at 1:15p.m.EDT about Hurricane Earl. * The President was briefed on the oil platform fire in the Gulf and the government response today by Assistant to the President and Deputy National Security Adviser for Homeland Security and Counterterrorism John Brennan. 12:20 P.M. EDT MR. GIBBS: Good afternoon. Let me begin with one just quick ...
Fitch Rates Longview ISD's (Texas) ULT GOs 'AAA' PSF; 'AA' Underlying Thursday, September 2, 2010 @ 3:59PMAUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AAA' rating to Longview Independent School District, Texas' (the district) $53,000,000 unlimited tax (ULT) school building bonds, series 2010 and $8,875,000 unlimited tax qualified school construction bonds, series 2010. The rating is based on a guaranty provided by the Texas Permanent School Fund (PSF; Insurer Financial Strength ...
Fitch Rates Longview ISD's (Texas) ULT GOs 'AAA' PSF; 'AA' Underlying Thursday, September 2, 2010 @ 3:45PMAUSTIN, Texas----Fitch Ratings has assigned an 'AAA' rating to Longview Independent School District, Texas' $53,000,000 unlimited tax school building bonds, series 2010 and $8,875,000 unlimited tax qualified school construction bonds, series 2010.
State of Black Oregon: One Year Later Nothing Improves Thursday, September 2, 2010 @ 3:27PMOn virtually all the societal markers that the Urban League studied in the 2007-08 time frame – education, health equity, administrative justice, housing, income and unemployment – did not improve or got worse for Black Oregonians. Meanwhile, many categories improved for White Oregonians.
Gold & Investement in Failure Thursday, September 2, 2010 @ 11:29AMUse the above link to subscribe to the paid research reports, which include coverage of critically important factors at work during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces.
Ask the Money experts Thursday, September 2, 2010 @ 11:24AMMoney sent your questions to leading financial experts. Here's their best advice.
June home prices show the effect of tax credit Tuesday, August 31, 2010 @ 7:55PMThe Twin Cities saw some of the higher increases. But declines are predicted.
U.S. home prices post modest gain in second quarter Tuesday, August 31, 2010 @ 7:41PMU.S. home prices rose modestly in the second quarter this year, a leading measure for the U.S. residential housing market showed Tuesday. But other recent housing indicators contain more ominous signals as tax incentives have ended and foreclosures continue.
Home Prices Rise 1 Percent June, Report Says Tuesday, August 31, 2010 @ 7:33PMHome prices in the month of June rose modestly across 17 cities, according to a report released on Tuesday.
Home prices rises in Minneapolis, 16 other cities in June Tuesday, August 31, 2010 @ 6:13PMHome prices rose in June for a third straight month -- especially in Minneapolis.
Regionalism touted for economic development Tuesday, August 31, 2010 @ 6:03PMDavid Powell, the newly-hired president and CEO of the Piedmont Triad Partnership, said Thursday “the road to economic success is always under construction.”
Home Prices Rise In 17 Cities in June Tuesday, August 31, 2010 @ 4:01PMWASHINGTON (AP) – Home prices rose in June for a third straight month as now-expired tax credits inspired a burst of home-buying. But prices are...
US home prices cool; consumer sentiment low as rebound slows Tuesday, August 31, 2010 @ 3:58PMThe rebound in US home prices probably slowed, while consumer confidence languished near a five-month low, indicating threats to the economic recovery are mounting, economists said before reports on Tuesday.
Home prices rise in over a dozen US cities during June Tuesday, August 31, 2010 @ 3:43PMHome prices rose in 17 of 20 US metropolitan areas during the month of June, according to the most recent S&P/Case-Schiller monthly price index.
Life Inc.: Home price rebound? Not exactly ... Tuesday, August 31, 2010 @ 3:13PMUnited States - Business - Organizations - Financial services - Insurance
After Housing Bubble, the Dark Side of Homeowner Dreams Thursday, August 26, 2010 @ 4:50PMBuying a house is supposed to make us better citizens, better investors and better off. But that American Dream may well be a fantasy
Foreclosure crisis isn't over yet Thursday, August 26, 2010 @ 1:44PMNew figures from the Mortgage Bankers Association show still-high rates of delinquency.
Rory Reid: Balance Nev. budget by cutting agencies Thursday, August 26, 2010 @ 1:28PM(AP:CARSON CITY, Nev.) Rory Reid said Thursday he could balance Nevada's $3 billion budget shortfall without raising taxes by cutting the number of state agencies and administrative staff, and investing in higher education to attract new industries.
Mortgage Payments One Month Late Rise on Job Market Thursday, August 26, 2010 @ 12:14PMThe percentage of U.S. mortgages with one overdue payment rose in the second quarter, the first gain in early delinquencies in more than a year, as economic growth slowed and jobless claims increased.
Oregon Revenue Forecast Down $377 Million Thursday, August 26, 2010 @ 12:13PMThe latest quarterly state revenue forecast, out Thursday, says that Oregon is short at least $377 million; governor, House speaker say federal aid will head off cuts to schools this year - but more cuts elsewhere are coming; Sen. Chris Telfer of Bend renews call for special session.
Study Shows Massive Increase in Consumer Bankruptcy Costs Thursday, August 26, 2010 @ 12:02PMPeople currently filing for Chapter 7 and Chapter 13 consumer bankruptcy protection are facing as much as a 55 percent cost increase as one result of the 2005 comprehensive bankruptcy reforms, according to a new study published in the American Bankruptcy Institute Law Review. Â In addition, as a direct result of these increased costs, unsecured creditors are being paid a smaller percentage on ...
Foreclosures Drop but New Deliquencies Rise Thursday, August 26, 2010 @ 11:46AMForeclosures in the U.S. have dropped for the second straight quarter since the housing collapse began in 2006, but the coast is not clear yet a banking group said Wednesday. They warned that the number of newly delinquent homeowners rose in the same time period. Foreclosures declined from 4.63% to 4.57% in the first quarter. The Mortgage Bankers Association said this is partially due to efforts ...
U.S. home sales continue to plummet Thursday, August 26, 2010 @ 11:43AMWASHINGTON (AP) -- Home prices in many parts of the country scream bargain, and mortgage rates haven't been this low for decades. So why are houses across the nation sitting on the market for so long?
Ask Us: Why has homeless person been allowed to camp under interstate? Wednesday, August 18, 2010 @ 6:31AMCity and state officials have grappled with the urban homeless for decades. In a 1998 encounter, local officials evicted homeless people from under bridges and used fire hoses to clean out at least one of their camps.
In My Opinion: Will Rogers never met Harry Reid... Wednesday, August 18, 2010 @ 4:49AMThings have been relatively quiet on the political front during these summer months, as we all have gone about our lives in sort of a politically removed fashion--concentrating on children and grandkids, trips, the popular country music concerts, and praying for a local teenager who has been hospitalized since three days after graduation.
Briefs: Wednesday, August 18, 2010 @ 3:46AMLOS ANGELES Southern California home sales dip Home sales in Southern California plummeted 21.4 percent last month from July 2009, the largest year-over-year drop in more than two years, as federal tax credits expired, a tracking firm reported Tuesday.
Kitco News Tuesday, August 17, 2010 @ 3:29PM(Kitco News) -- Worries about a fragile U.S. economy are likely to keep investors shifting toward gold and could push the metal to fresh record highs near the $1,300 area by year-end, analysts and traders say.
Homebuilder confidence sinks for 3rd month Monday, August 16, 2010 @ 4:40PMWASHINGTON — Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties kept people from buying new homes. The National Association of Home Builders said its monthly index of builders’ sentiment about the housing market fell to 13, the lowest reading since March 2009. The [...]
Homebuilder confidence sinks for 3rd month Monday, August 16, 2010 @ 4:13PMWASHINGTON (AP) -- Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties kept people from buying new homes.
Homebuilder Confidence Sinks for 3rd Month Monday, August 16, 2010 @ 4:02PMWASHINGTON (AP) – Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed prop...
U.S. Economy: Factory Demand, Builder Confidence Fall Monday, August 16, 2010 @ 3:46PMOrders and sales at New York manufacturers decreased in August for the first time in more than a year and U.S. homebuilders turned more pessimistic, indicating the economic slowdown is becoming broad-based.
US home builder confidence sinks Monday, August 16, 2010 @ 3:31PMBuilder confidence drops for the third straight month as the struggling US economy and a flood of cheap foreclosed properties keep people from buying new homes.
Homebuilder confidence sinks for 3rd month Monday, August 16, 2010 @ 3:08PMThe National Association of Home Builders said its monthly index of builders' sentiment about the housing market fell to 13, the lowest reading since March 2009
John Atlas: Federal appeals court reverses court decision that barred Congress from cutting ACORN's funds. Sunday, August 15, 2010 @ 12:39PMThe Times and AP leave out important facts. Right wing Republican Issa cites Obama as ally in his campaign against ACORN Despite a slew of...
Janet Tavakoli: How to Thwart the Assassins of the American Dream Sunday, August 15, 2010 @ 10:40AMCEOs of our Systemically Dangerous Institutions (SDI's) fail to manage them, because no one is capable of doing it. Like a morbidly obese junk food addict, banks won't even get on a scale.
One stimulus bill after another Sunday, August 15, 2010 @ 6:18AMAs I've traveled the Third District, I've had the chance to meet with hundreds of Nebraskans. They are concerned about our economy and the ever increasing intrusion by the government into our lives.
Super-low mortgage rates haven't stimulated homebuying market Sunday, August 15, 2010 @ 2:14AMMortgage rates have reached historic lows, with the average rate on a 30-year mortgage dipping to 4.44 percent last week, according to mortgage buyer Freddie Mac.
Double-dip recession fears as US figures bode ill Friday, August 13, 2010 @ 11:23PMA yawning budget deficit, legacy of the stimulus and collapsing tax receipts; a jobless rate stuck near 10 per cent. Is there anything to like about the US economy right now?
Double-dip fears are back Friday, August 13, 2010 @ 9:35PMYawning budget deficit, collapsing tax receipts, a jobless rate stuck near 10%. What's to like about the US economy?
Candidates in primary election introduced Friday, August 13, 2010 @ 6:23PMWith the primary elections right around the corner on Aug. 24, the Yuma Sun will run a mini-series on the races and candidates that residents will decide on later this month.
Fitch Rts Miami-Dade County, FL Transit Sys Sales Surtax 'AA-'; Outlook Stable; GO Outlook Negative Friday, August 13, 2010 @ 5:37PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA-' rating to the following Miami-Dade County, Florida transit system sales surtax revenue bonds: --$13,355,000, series 2010A;--$203,905,000 series 2010B (federally taxable - Build America Bonds - direct payment). The Rating Outlook is Stable. The bonds are expected to sell via negotiation on Aug. 25, 2010. In addition, Fitch affirms the ...
Consumer prices in U.S. climb for first time in four months Friday, August 13, 2010 @ 8:02AMThe cost of living in the U.S. climbed in July for the first time in four months, pointing to a stabilization that may ease concern a slowdown in growth will spur deflation
7 Democrats, 2 Republicans vie for District 10 Cuyahoga County Council seat Friday, August 13, 2010 @ 7:04AMVoters in District 10 of the newly-created Cuyahoga County Council will head to the polls Sept. 7 to narrow the field of candidates for the seat.
Why we can’t afford more growth Friday, August 13, 2010 @ 6:38AMJAMES CITY — In a test of its own assertions, the activist group J4C has drilled down on the data to show how rapid residential growth really costs taxpayers.
Why The Latest "America Is Bankrupt" Talk Really Is Madness Friday, August 13, 2010 @ 6:33AMThe basic gist is: The IMF says we need to take drastic action to resolve our fiscal situation, and that's not even taking into account our massive entitlement obligations, ergo... we're bankrupt!
Housing: A Tale of Two Time Periods Friday, August 13, 2010 @ 6:00AMThe next couple of quarters will be tough, but the longer term is different.
RNC Video Says Obama's Policies Have Created "Deficit Of Hope" Tuesday, August 10, 2010 @ 12:56PMThe Republican National Committee Tuesday unveiled a new Web ad attacking the Obama Administration's record on economic policies. Entitled "Deficit of Hope," the add highlights the seeming disconnect of an Op-Ed article recently authored by Treasury Secretary Timothy Geithner with the headline "Welcome to the Recovery" with the nation's 9.5 percent unemployment rate - a rate that has left 14.6 ...