Jan 05 Strategic Default: Right or Wrong? By Elizabeth Shell We've been concentrating on the housing crisis over the past several days here on the Business Desk. For the rest of the week we'll be focusing on the issue of strategic default. If you're an underwater homeowner who can afford… Continue reading
Jan 05 Paul Solman As You've Never Seen Him Before Paul gets even more animated than usual -- with a new crib, new specs, new accent -- to tell you about our latest story, So You Have a Liberal Arts Degree and Want a Job?… Continue reading
Jan 04 Better Days Ahead in 2011? Measuring American Optimism in the New Year Say this about Americans: they are nothing if not hopeful. While 2009 and 2010 may have brought economic trouble and pain, the mood among most Americans appears surprisingly upbeat going into 2011. In each of Patchwork Nation's 12… Continue reading
Jan 04 A Mortgage-Backed Security Map: The Fantastic Fate of One Man's Loan By Paul Solman The complexities of getting or refinancing a mortgage are many: the broker you can or can't trust, the screening of your income and credit, the appraisal, the fear that rates will rise before approval, the title search, the paperwork at… Continue reading
Jan 04 A Mortgage-Backed Security Map: The Fantastic Fate of One Man's Loan The complexities of getting or refinancing a mortgage: the broker you can or can't trust; the screening of your income and credit; the appraisal; the fear that rates will rise before approval; the title search; the paperwork at closing. Continue reading
Jan 03 Watch So You Have a Liberal Arts Degree and Expect a Job? In a follow-up to his report last month on the unforgiving job market for recent college grads, Paul Solman looks at graduates who've already been out of school for several years and are still struggling to find employment in their… Continue watching
Jan 03 Watch Goldman Sachs, Digital Sky 'Friend' Facebook With Big Investment Facebook Finds New Friends in Investment Companies… Continue watching
Jan 03 On Monday's NewsHour: State Budget Woes; Baby Boomers Turn 65 STATE BUDGET WOES | As new governors begin their terms, they face some expensive, old problems. Gwen Ifill discusses state budget woes with three public media reporters: John Myers, Sacramento bureau chief for KQED Public Radio; Karen Kasler,… Continue reading
Jan 03 Happy New Year? Job Market Looking Up for College Grads? By Elizabeth Shell Editor's Note: A poor economy does not bode well for college grads trying to enter the job market. "The last couple of years have been a very, very tough time to be coming out of college," said Richard White in… Continue reading
Jan 03 Happy New Year? Job Market Looking Up for College Grads? By Elizabeth Shell Not surprisingly, a poor economy does not bode well for college grads trying to enter the job market. "The last couple of years have been a very, very tough time to be coming out of college," said Richard… Continue reading