Real Estate analytics firm Core Logic announced Wednesday that there were a total of 620,111 foreclosures across the country in 2013, a 24% decline from 2012 when 820,000 homes were foreclosed upon.
Economy & Policy
Why ATMs in Legal Pot Shops Are Wreaking Havoc
Many of the Colorado shops that are licensed to sell marijuana have installed ATMs, for the convenience of their customers. What could possibly go wrong?
Americans Are Painfully Aware of How Broke They Are
Even if they’re just relatively broke
Guess Where the Middle Class Can’t Afford to Live Now
We’ve come to expect this sort of thing in places like San Francisco. But … Detroit?
New Home Sales Fall For Second Straight Month
But annual level is best since 2008
BitInstant CEO Charlie Shrem Arrested for Alleged Money Laundering
The Bitcoin big shot was arrested at John F. Kennedy International Airport in New York City on Monday
Japan Reports Record Trade Deficit in 2013
Weakening yen and atomic power shutdown seen as major causes
Here Comes the Bitcoin Taxman
Bitcoin has generated a lot of buzz because of its ingenuous design, but how widespread its use will become has just as much to do with government policy as any of the virtual currency’s inherent qualities.
Bitcoin prices, for …
$2.8 Trillion in Unspent Cash Could Slow Global Economic Recovery
And just a few hundred corporations are holding the lion’s share of the stash
2014 Shaping Up as an Epically Bad Year for Potholes
Snow. Freeze. Thaw. Repeat. This has largely been the weather pattern over the past few weeks. And this is the pattern that’s a perfect storm for producing a “bumper crop of potholes,” experts say.
Meet the Disgraced Tech Executive Who Made $34,000 an Hour
A new, um, record
Canada Has Its Own Housing Bubble—And It’s About to Burst
Ever since the real estate bubble burst in the United States in 2007, observers have pointed to Canada as an example of a well-regulated financial system that has avoided many of the regulatory mistakes that helped lead to an …