In another positive sign for the local housing market, about 50,000 fewer homeowners in the Boston area are “underwater” on their mortgages compared with the same time last year, data released this week show. more
Stocks dropped in New York after investors were rattled by signs of a slowdown in Chinese manufacturing and a potential easing of central bank support for the economy. more
The U.K. should spend more on infrastructure projects this year and cut corporate taxes to shore up its fragile economic recovery, said the International Monetary Fund. more
We may never tire of discussing lessons from the Great Recession, which hit two groups especially hard: Teens who saw parents lose a home or job, and boomers who saw their savings depleted at precisely the wrong moment in life. The kids’ scars are mo… more
A vast majority of adults age 45 and older say achieving peace of mind is far more important than accumulating wealth, according to a new study by Merrill Lynch. The survey included 6,300 respondents of varying economic echelons, and broadly found that… more
Payrolls increase by 165,000 in April as unemployment rate ticks down to 7.5%. WASHINGTON — So much for a spring swoon. more
General Motors is the first automaker to sign onto the Climate Declaration, a statement drafted by Ceres and its Business for Innovative Climate & Energy Policy project. General Motors has dramatically cut energy usage at its facilities and owns two of… more
WASHINGTON (Reuters) – Sales of new single-family homes rose in March, indicating the housing market recovery remains on track. more
Nokero’s low-cost solar lights have earned the Denver company a prestigious Patent for Humanity award. more
Tesla sold more of its electric cars than expected in the first three months of the year, and it adjusts its first-quarter guidance to ‘full profitability.’ Tesla Motors Inc. is poised to turn a profit for the first time, based on stronger-than-expecte… more
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The United States presidential elections are tomorrow. more
