IRS Eases Up on Homeowners

Seeded on Tue Dec 23, 2008 10:47 AM EST (Wall Street Journal)

IRS officials say they are speeding up efforts to provide relief for homeowners in financial distress

business, economy, housing, realestate

Pay Attention to That Window Behind the Curtain

Seeded on Mon Dec 22, 2008 9:39 AM EST (Wall Street Journal)

If history is any guide, a lot of portfolios may get a makeover between now and 4 p.m. on Dec. 31, when the 2008 trading year will finally take its last putrid breath.

business, stocks, finance, investing, stockmarket, stockportfolio

The Future for Home Prices

Seeded on Tue Dec 2, 2008 2:56 PM EST (Wall Street Journal)

Over the past few years, Americans have had a brutal lesson in the risks of real estate. House prices have crashed more than 35% in some parts of the country, millions of people are losing their homes to foreclosure, and banks are failing.

business, realestate, housingsector, bankloans, bankstocks

Stocks Plunge on Poor Economic Data, Holiday Jitters

Seeded on Mon Dec 1, 2008 5:39 PM EST (The Washington Post)

Stocks plunged 680 points today on the Dow Jones Industrial average after a national nonprofit agency officially declared that the country has been in a recession for nearly a year.

washington-post

Holiday Weekend Shopping Grew Despite Weak Economy, Reports Show

Seeded on Mon Dec 1, 2008 3:52 PM EST (The Washington Post)

Consumers swarmed the nation's stores over the weekend in search of deeply discounted electronics and apparel, sending sales rising and giving retailers a little Christmas cheer, according to early reports released yesterday.

washington-post