Word: risinger
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The way the housing market has stratified can be clearly seen in Howard County, Maryland. After falling for six months in a row, the number of contracts signed by buyers ticked up in January, and has been rising ever since. The problem, though, is that almost all of the activity...
Such rich multiples are unjustified in a recession. Duoyuan is seen as a direct play on China's $585 billion stimulus-spending program, which is focused on infrastructure projects like water and sewer systems. But for the company to benefit (it manufactures equipment for wastewater circulation and filtration), government money...
Fernández, who like Kirchner hails from the provinces and butts heads with the Buenos Aires élite, insists she has simply tried to preserve the economic stability her husband created and deliver it to a broader swath of the working class. But when she saw that her poll...
The long boom in stock prices from 1982 to 2000 and the shorter one in housing prices from about 1997 to 2006 were fueled by rising debt. Ever easier mortgage terms and falling interest rates provided a brisk tailwind for home prices. In the stock market, higher profits pushed along...
10 | Washington Getting Warmer The Obama Administration's first climate-change survey found "unequivocal" evidence of man-made global warming with potentially dire consequences in the U.S. Temperatures and sea levels are rising, rainstorms are strengthening, and snow cover is shrinking, according to the report by a consortium of federal...