Marketplace for Tuesday July 1, 2014
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Several government agencies are making worried noises about the number of HELOCs that will come due in the next two years. These balloon payments that result from “end of the draw”, when a line of credit matures, could put a great deal of stress on the economy. We explain what end of the draw is, and why it could be a problem for the US. Also, Yahoo is saving the cult sitcom "Community", by announcing it will pay for the show's sixth season. We look at how "Community" fits in to Yahoo's plans to be a content provider and its ability to compete in this area.
Posted In: IBM, Food, Watson, recipes
Supercomputer Watson is now programmed to create recipes. Weird, maybe tasty ones.
Posted In: home equity, mortgage, credit
HELOCs are coming due in the next two years - and the economy should take heed.
Posted In: Lionsgate, film industry, musician
Professional musicians in the Los Angeles aren't happy.