May 8th, 2009 - MSNBC
Kostas Kalaitzidis wanted to buy a home when he moved to Phoenix in 2008, but between his modest salary and the expensive market, he couldn’t swing it.
What a difference a year makes.
Kalaitzidis recently made an offer on a home priced at $82,000, far less than the $220,000 it might have fetched last year.
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European Stocks, US Futures Decline; Metals, Crude Oil Fall
May 11th, 2009 - Bloomberg
May 11 (Bloomberg) -- European stocks, U.S. index futuresand commodities retreated on speculation that prices have risentoo fast as the global recession curbs earnings and Chinesedemand for raw materials.
American Air Eases Frequent-Flier Award Rules for One-Way Trips
May 10th, 2009 - Bloomberg
May 11 (Bloomberg) -- American Airlines, breaking rankswith the biggest U.S. carriers, eased its rules to let frequentfliers book one-way flights for half the award miles for a roundtrip.
US Economy: Jobless Claims Decline, Productivity Increases
May 7th, 2009 - Bloomberg
May 7 (Bloomberg) -- Fewer Americans filed claims forunemployment benefits last week and workers were more productivein the first quarter, signs that the worst of the job cuts maybe over.
In Europe, social safety net softens the slump
May 7th, 2009 - MSNBC
EPPELHEIM, Germany — With its tidy villages, orderly cities and atmospheric scenery, there are few outward signs that the German state of Baden-Wuerttemberg, home to historic Heidelberg and the famed Black Forest...
GM expected to report huge 1Q loss, sales slump
May 6th, 2009 - BusinessWeek
General Motors Corp. is scheduled to report first-quarter earnings on Thursday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: GM...
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