10 Reasons Why Homeowners Have an Edge on Renters

ShutterstockThe homeownership rate remains relatively low. By Kimberly Palmer Homebuying has earned a bad rap in recent years: The subprime mortgage crisis and ensuing economic meltdown left many homeowners underwater, unable to pay their mortgage and even

From Tex-Mex and pork rinds to fitness and veggies: A change in Obama White House

Earlier this year, there was an intense battle for bragging rights inside the complex as teams of six with names such as “Runnin’ Like Amtrak,” from Vice President Biden’s staff, and “Team Engage (Our Core),” from the

Asian stocks subdued on Ukraine caution, dollar firms vs yen

By Shinichi Saoshiro TOKYO (Reuters) – Asian stock markets were subdued on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday. MSCI’s broadest index

Daimler sees double-digit percent growth in China sales in 2014

BEIJING (Reuters) – Germany’s premium carmaker Daimler (DAI.DE) expects to grow its sales in China, the world’s largest auto market, by double-digit percentages this year, Chief Executive Dieter Zetsche on Sunday. “We aim to grow faster than

Free exchange: Nice work if you can get out

FOR most of human history rich people had the most leisure. In “Downton Abbey”, a drama about the British upper classes of the early 20th century, one aloof aristocrat has never heard of the term “weekend”: for

IBM’s new services zero in on fraud, financial crime

IBM has introduced new software and services to help organizations use big data to address financial losses caused by fraud. The Armonk, N.Y.-based firm says that $3.5 trillion is lost every year to fraud and financial crime.

Is Your Home Ready for Your Retirement?

ShutterstockConsider replacing doorknobs with handles. By Dave Bernard You may be more than ready to retire, but what about your home? If you hope to age in your current home it makes sense to prepare for the

Oil trading alert: Will news from Ukraine push crude oil higher?

On Thursday, crude oil gained 0.76% as the escalating conflict in Ukraine weighted on the price. Thanks to this news, light crude bounced off an important support/resistance line. Will it increase further with the tensions in the

Rajaratnam’s brother loses bid to dismiss insider trading charges

By Nate Raymond NEW YORK (Reuters) – Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, on Friday lost a bid to dismiss some of the insider trading charges leveled against him last year.

The car GM never wanted to build

General Motors never really wanted to build the Cobalt, and it showed. The Chevrolet Cobalt, the car at the center of the General Motors recall crisis, was a losing bet from the start. The automaker never really