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Nearly a quarter of the homes listed for sale in the U.S. have had at least one price reduction, with an average discount of 10% off the original asking price, according to an analysis by the listings site Trulia.com. The analysis shows that of the nation's 50 largest cities, Jacksonville, Fla., is the most marked-down market, with 39% of houses there having undergone a price chop...
Ranking cities by the extent of price reductions gives Detroit the title of most discounted city. The average markdown in Motown is 21% off the original listing price. That figure doesn't include foreclosed properties - and would surely be higher if it did. The next largest average markdowns can be found in Las Vegas (16%), Miami (15%), New York (13%) and Phoenix...
...alike on exchanges both in the U.S. and overseas. The U.S. should not outsource markets by placing a divide between America and the rest of the world. Do regulators hoping to ease oil prices really want the dollar price of oil determined in Dubai, the backyard playground of the largest oil exporter? With the proposed regulation, foreign oil suppliers will have a greater futures-market share. The oil market will become more susceptible to manipulation by these suppliers...
...between these two democracies are too numerous to count and too deeply rooted to understand in their entirety. But the most obvious is probably that France, frequently an outspoken critic of Israel, is home to a left-wing that, as the voice of one of Europe’s largest Arab and Muslim populations, is historically anti-Zionist...
...demands that a man reach a certain level of economic stability before considering marriage. "We have been discussing the issue of harassment for years, because it's an old phenomenon," says Sheik Ahmed Turky, an imam who leads a congregation of several thousand at one of Cairo's largest mosques, Masjid al-Noor. Still, he says, "the pressures of living and the costs of marriage" have added to it. (Read "As Men's Job Losses Mount, Wives Feel the Impact...