Archive for January, 2012

A Mortgage Deal That Is Hard to Sell

Subprime Crisis No Barrier to Affordable Housing

Image by woodleywonderworks via Flickr

The irony of the last few years is that when mortgage rates were high and housing over-valued, customers were lined up around the block to sign on the dotted line. Now, with a 3.88 percent fixed rate on a 30-year mortgage waving in the wind lenders are having trouble finding customers. Read the rest of this entry »

Mild Winter Helps Economy

Weather

Image by Jen SFO-BCN via Flickr

Of the oddest items to actually help consumers this year, the mild winter may be the biggest boon. Severe weather patterns have caused insurance losses and financial disaster as freak snowstorms, hurricanes, and tornados have hit unexpectedly. For once, Mother Nature’s whims are causing a financial windfall for many households that do not have to pay high heating costs this winter. Read the rest of this entry »

More Government Oversight for Big Banks

Banking District

Image by bsterling via Flickr

Too big to fail may mean too big to be left alone when it comes to governmental oversight. New government rules are being put in place to make sure that next time a financial crisis hits, it won’t be as unexpected and there will be plans in place to resolve the issue, hopefully without a taxpayer bailout. Read the rest of this entry »

Fast Food Gets Faster

English: French fries from Burger King.

Image via Wikipedia

Americans love their fast food, but one thing that makes it slightly inconvenient is that you have to drive to your local burger joint to get it. Now, fast food may get faster if Burger King has their way by offering delivery, also, in the states of Virginia and Maryland. Burger franchises like McDonald’s, Burger King, and Wendy’s are always creating new ways to deliver the same fast food in creative ways, but mainly focusing on food offerings. Read the rest of this entry »

Agribusiness: A Step Forward or Backwards?

Farming near Klingerstown, Pennsylvania.

Image via Wikipedia

Greece is going back to its roots, but some people see that as a step backwards. Cultivating the land has always been a tradition for developing countries, but those nations that see themselves as “developed” or “industrial” may find a slight bias against changing careers from engineering to farm work. Read the rest of this entry »

Bankruptcy Take Two: Hostess

English: Hostess Twinkies. Yellow snack cake w...

Image via Wikipedia

The rough economic landscape has caused many companies to go bankrupt, but some only emerge from bankruptcy just in time to file again. A predecessor company of Hostess called Interstate Bakeries had filed for bankruptcy in 2004 and was just getting out of it in February, 2009, and now Hostess is seeking bankruptcy protection. Read the rest of this entry »

Dark Sites Highlight Internet Censorship

NEW YORK, NY - JANUARY 18:  Protesters demonst...

Image by Getty Images via @daylife

If you didn’t notice Google’s somber mood a couple of days ago, you’re not online enough. Google, along with many other Internet companies, darkened their home pages to protest two pieces of legislation that will put a chill on Internet innovation.  One bill is being pushed as a Stop Online Piracy Act (SOPA) while the other is the Protect IP Act (PIPA). Read the rest of this entry »

The Rise of System D

English: Black market speculant on graffiti. K...

Image via Wikipedia

When one system falls apart, another steps in to take its place out the sheer force of vacuum left behind. “System D” a catchphrase coined by Robert Neuwirth for the black market activity that does not include gun-running, drugs, and human trafficking, but is still illegal. What makes it illegal? Read the rest of this entry »

Booming into Entrepreneurship

Retirement

Image by 401K via Flickr

Baby boomers have changed the landscape of the home, and now they are changing business in America. Read the rest of this entry »

Business Ended on High Note in 2011

English: The Marriner S. Eccles Federal Reserv...

Image via Wikipedia

Better late than never when it comes to business good news. For a year that felt like it was slipping backwards into another recession, the data coming from the Federal Reserve shows a reason for optimism. Major industries like the auto and travel sectors experienced significant growth at the end of 2011 and brought needed revenues to these areas. Read the rest of this entry »

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