Cyber Monday Kicks Off Online Season By Andria Cheng | NEW YORK (Dow Jones) –Preliminary results from the Black Friday weekend have pointed to a mostly positive start to the industry’s biggest selling period. The number of people who shopped stores and online between Thursday and Sunday jumped 8.7% to 212 million shoppers, according to […]
Overpumping the Worlds Water
Study: Overpumping Draws Down the World’s Groundwater Reserves Groundwater depletion doubled between 1960 and 2000. Much of the global groundwater pumped out of aquifers for household use and irrigation ends up in the world’s oceans, depleting the aquifers faster than they can be replenished, a new study published in Geophysical Research Letters shows. The study […]
Courts Helping Banks
By Matt Taibbi | Rolling Stone.com Nov 10, 2010 2:35 PM EST Courts Helping Banks Screw Over Homeowners The foreclosure lawyers down in Jacksonville had warned me, but I was skeptical. They told me the state of Florida had created a special super-high-speed housing court with a specific mandate to rubber-stamp the legally dicey foreclosures […]
Ireland Seeks Deal Amid Bank Concern
Ireland Races to Secure Weekend Aid Deal Amid Bank Concern Ireland is in the final stages of negotiating an international bailout for its banks before markets open on Monday as workers march to protest budget cuts. Euro region finance ministers may seal an agreement with Ireland tomorrow at a meeting slated to start at 1 […]
F.H.A. Rule Changes for Mortgage Borrowers
HOME buyers with sketchy credit who are unable to qualify for conventional mortgages may now find it more costly and difficult to obtain loans insured by the Federal Housing Administration. New rules that went into effect this month adjust the two types of mortgage insurance paid by consumers for loans insured by the F.H.A., which […]