Word: mortgagee
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The biggest reason for increasing productivity, Feldstein says, is, of course, the computer and particularly the Internet. Wyss cites a little-noticed benefit: with computers, managers "can get a high school graduate to do the work a college graduate used to do." One example: a mortgage-loan applicant was once...
Burrow down below the megastar layer, down to the prole performers, and you'll hear the same views expressed in rhetoric that echoes old-time union firebranding. "There's enough money to pay everyone a fair wage in this economy," says Courtney Gebhart, a SAG strike captain who has had...
GET YOUR FIX For home buyers undeterred by increased housing costs, good news: borrowing is getting cheaper. Last week, 30-year fixed mortgage rates hit the year's low, dipping below 8%. More important, the spread between fixed-rate and adjustable-rate loans narrowed. While ARMs may provide short-term...
So the "typical Australian" is not, as foreigners once thought, a bushman. He is a slightly worried guy with a tan, a bald spot, a mortgage, a mower and two kids, whose Australian dream is a double-front brick bungalow on a quarter-acre lot in the suburbs less than...
The relationship between politics and the stock market is overvalued. Peace, low mortgage rates, affordable gas and, yes, Alan Greenspan are way more important to investors than which party is in power. Yet every four years, after the Dems and the G.O.P. stake out the policy battleground at their national...