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Renzo Salazar maintains the yard around a foreclosed home in Miami.

Fewer homeowners are now 'underwater'

Mar 17, 2015
About 10 percent of homeowners now owe more than their house is worth, boosting mobility for jobs and reviving retirement areas.
Posted In: housing market, underwater mortgage, U.S. economic growth

Housing market recovery is limping along

Mar 17, 2015
New construction hasn't regained momentum, despite low mortgage rates and demand.
Posted In: housing market, housing recovery
Republican congressman Aaron Schock resigned today amidst Downton Abbey scandal.

Congressman resigns over Downton Abbey faux pas

Mar 17, 2015
Aaron Schock outfitted his office with "a gold-colored wall sconce," a "crystal chandelier," and "massive arrangements of pheasant feathers."
Posted In: Congress, Republicans, TV shows

Some same-sex couples still struggle at tax time

Mar 16, 2015
Living in a state that doesn't recognize same-sex marriages can mean multiple income-tax returns.
Posted In: gay, gay marriage, Taxes, federal taxes, income taxes
Members of the Congressional Oversight Panel for the Troubled Asset Relief Program appear at a hearing on Capitol Hill back in 2010 in Washington, DC.

The TARP police are still on call

Mar 16, 2015
The big auto and bank buyouts are over, but the fund lives on
Posted In: TARP, buyouts, consumer protection
The  Financial Services Committee heard testimony from Chairwomen Yellen on the Federal Reserves monetary policy and the state of the US economy on Capitol Hill, February 25, 2015 in Washington, DC.

A question for the Fed: What inflation?

Mar 16, 2015
A closer look at one of the indicators of inflation.
Posted In: The Fed, interest rates, inflation

The tricky practice of pricing parking

Mar 13, 2015
Cities are looking at variable rates as a way to raise money and control traffic
Posted In: parking, Traffic, urban planning

The return of the debt limit

Mar 13, 2015
The federal government begins its almost-annual dance with default on Sunday.
Posted In: debt ceiling, federal government, treasury

In Atlanta housing recovery, the neighborhood matters

Mar 12, 2015
Given two similar neighborhoods, prices in a predominantly white area bounce back faster than in a mainly minority one.
Posted In: Atlanta, housing crisis, housing recovery
The unhappy recipient of a badly cooked meal takes the offending dish to the kitchen to show the chef.

How bank stress tests are like restaurant inspections

Mar 12, 2015
The DOH does snap inspections, whereas banks have plenty of time to prepare.
Posted In: DOH, Fed, stress tests

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