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How that translates into actual home-price declines is a little tricky. After all, the price-rent ratio is based not just on home prices but on the cost of rentals too. So to figure out what will happen to home prices, you first have to make some assumptions about...
It turns out that our solar system is moving nearly 100,000 m.p.h. faster than previously thought - revolving around the center of the Milky Way at 568,000 m.p.h., announced Mark Reid of the Harvard-Smithsonian Center for Astrophysics on Monday at the American Astronomical Society's conference in Long...
The collapse of the new-car market in the second half of 2008 translates to pain all around. Every major carmaker, with the exception of Subaru, reported a sales decline in 2008, including luxury manufacturers Mercedes-Benz and BMW - once considered invulnerable to a recession.?
Nevada's unemployment rate jumped from 0.4% to 8% in November, the highest rate since 1984, and Schwer says it could rise to 10% next year. The figure translates to more than 111,700 unemployed Nevadans, according to the state's Department of Employment, Training and Rehabilitation. (The national rate...
Stronger concrete translates into significant gains for the environment because it can be applied more thinly, consuming considerably fewer raw materials than regular concrete. (The basic mixture includes cement, stone or other aggregate and water.) Moreover, concrete has some properties that make it intrinsically energy-efficient when used in buildings...