Phoenix tops construction job loss list
Construction employment continues to shrink in most urban hubs, Phoenix topping the list with 27,600 jobs lost, according to the Associated General Contractors’ January-to-January comparison. bizjournals.com |
Greenspan reflects on crisis, deflects blame
Police in the Rayburn House Office Building had been planning an evacuation drill for Wednesday morning, but they called it off after realizing that it would interrupt Alan Greenspan's testimony to the commission investigating the financial meltdown . feeds.washingtonpost.com |
Wasn't commercial real estate supposed to crash?
During the long years of the financial crisis, the American economy has been like a retelling of the Somerset Maugham story "Appointment in Samarra," in which a man unsuccessfully runs from city to city in attempts to avoid a run-in with Death -- who, of course, is one step ahead of him. Similarly, investors have now spent years dodging disaster in one area of the markets, only to find their investments coming to a bad end elsewhere. rss.cnn.com |
Parents gifted them a house. Can they save on taxes by giving it back?
Q: My parents "gifted" their house to us more than five years ago to avoid having the home sold to pay for Medicaid expenses. Now they are 87 and need to move. They may buy a smaller house. My four siblings and I own the home, but the home is occupied and used by my parents. Since we inherited th... Education - Gifted education - K through 12 - Special Needs - Organizations feeds.washingtonpost.com |
Add 2.1 million houses to the glut
There's a large number of homes, either already repossessed by lenders or very seriously delinquent, that are poised to be added to the already glutted regular supply of homes on the market. rss.cnn.com |