Jul 07 How an English Investor Dabbled in Cleveland Real Estate…and Got Burned By Paul Solman Video edited by Elizabeth Shell. As a follow-up to Tuesday’s story on abandoned housing demolition in Cleveland, we’re posting a short video. A show-and-tell about one vacant property, it covers all the bases – from… Continue reading
Jul 07 Watch How an English Investor Dabbled in Cleveland Real Estate… and Got Burned A show-and-tell about a vacant property from the bank unloading it to a buyer in England. Continue watching
Jul 07 How an English Investor Dabbled in Cleveland Real Estate…and Got Burned By Paul Solman // Video edited by Elizabeth Shell. As a follow-up to Tuesday's story on abandoned housing demolition in Cleveland, we're posting a short video: A show-and-tell about one vacant property, it covers all the bases - from the… Continue reading
Jul 07 Obama, Congress Search for Grand Bargain on Debt Ceiling On Thursday, House and Senate leaders will meet with President Obama at the White House. Photo by Mandel Ngan/AFP/Getty Images. At his news conference last week, President Obama called on members of Congress to "do something big" when… Continue reading
Jul 06 Amid All the Debate Over Debt, Where Does Job Growth Fit In? I came away from my interview with Republican Sen. John Cornyn of Texas on Tuesday's NewsHour still curious about the answer to this question: Why aren't employers hiring more people? Discussing the budget and debt ceiling showdown gripping… Continue reading
Jul 05 Watch Raze the Roof: Cleveland Levels Vacant Homes to Revive Neighborhoods Business correspondent Paul Solman reports from Cleveland on the economically troubled Ohio city's efforts to tear down thousands of empty foreclosed homes in hopes of putting eyesore and dangerous properties back to productive use -- perhaps as community gardens, new… Continue watching
Jul 05 Fannie Mae: What’s Politics Got To Do With It? EmbedVideo(906, 482, 304); 'Protecting Its Fannie: How Mortgage Giant Primed the Bubble, Covered Its Assets.' Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days. Here's Monday's query: Name: B… Continue reading
Jul 05 Fannie Mae: What’s Politics Got to Do With it? By Paul Solman // 'Protecting Its Fannie: How Mortgage Giant Primed the Bubble, Covered Its Assets.' Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Tuesday's… Continue reading
Jul 05 Fireworks May Not Be Over as Congress Gets Back to Work on Debt Fireworks light up the sky behind the U.S. Capitol building on July 4. Photo by Eva HambachAFP/Getty Images. The debt/deficit problem facing the country didn't go away over the Fourth of July holiday. As Aaron Sorkin's fictional President… Continue reading
Jul 05 Bombings in Iraq Kill 35, Lagarde Takes Over at IMF By News Desk Two bombs in the town of Taji killed at least 35 people on Tuesday, according to Iraqi officials, with dozens more wounded in the latest in a string of attacks coinciding with the debate over whether to ask U.S. Continue reading