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 Wednesday's query: An amended answer today to a question answered imperfectly (or worse) last month.
By Elizabeth Shell
An amended answer today to a question answered imperfectly (or worse) last month. The email, from Bruce Temple, was in response to one of our stories on the foreclosure crisis and read as follows: In tonight's episode you asked…
Many struggling homeowners rely on loan modifications from government programs to keep afloat on their mortgages. Some say they are running into problems with these services. Paul Solman has more.
Ray Suarez reports on a special camp in Maine dedicated to help veterans and their families to heal from the emotional wounds of terror and war.
The National Association of Realtors reported Tuesday that July's home sales fell a worse-than-expected 27.2 percent -- the largest recorded monthly drop dating back to 1968. Jim Lehrer speaks with Susan Wachter of the University of Pennsylvania about the dismal…
In other news, flooding in Southern India left millions homeless and hungry, and heating bills are expected to be lower this winter, according to the Energy Information Administration.
Washington Post publisher Katherine Weymouth apologized to readers for a controversy over the newspaper's plan for a series of corporate-sponsored policy dinners at Weymouth's home. Media experts mull the implications of the scandal.
With the national foreclosure rate still climbing, some chose to live in foreclosed homes while others have been the victims of "rent skimmers," people who pretend to own a foreclosed property and scam tenants out of thousands of dollars in…
Construction of new homes and apartments surged more than 22 percent in January, and the Caterpillar company plans to lay off more than 2,400 employees across five factories.
Question/Comment: Dave and I want to know: Pretend you want a house that costs $500,000. You have $500,000 saved up. In this market, when you can get a five percent interest rate (at least) on your 30-year mortgage, is it…
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