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Even as homeowners and commercial landlords count their losses from the great real-estate bust, Midwestern farmers are experiencing the biggest property boom in a generation.
The rapid run-up in land values is bound to make some people nervous, especially older farmers who remember how property values collapsed during the farm crisis of the 1980s. Farm economists, […]
Japanese Finance Minister Jun Azumi said his nation and China will work together to help Europe solve its debt crisis through the International Monetary Fund.
Europe needs a bigger so-called firewall of added funding to contain the crisis, even as Greece shows some improvement in solving its financial woes, Azumi told reporters in Beijing today […]
President Barack Obama called for $1.4 trillion in fresh revenue from Americans at the top of the income scale, proposing higher taxes on wages and investments and limiting breaks for retirement savings and health insurance.
The tax proposals in the administration
In an effort to cut their losses, banks are paying some struggling homeowners as much as $35,000 to sell their homes before they end up in foreclosure.
The deals are aimed at incentivizing homeowners who owe more on their home than it is worth and who are seriously delinquent on their payments to sell their […]
The Bank of England is to inject another 50 billion pounds ($79 billion) into the British economy, which contracted in the last three months of 2011 and is likely to face further difficulties as Europe struggles to contain its raging debt crisis.
The new stimulus, approved by the nine-member Monetary Policy Committee on Thursday and which […]
After seeing enrollment decline for the first time in a decade, the University of Charleston, in West Virginia, slashed tuition by 22% for the upcoming school year hoping to entice more students.
The school, which currently has 1,006 undergraduate students, employed a series of initiatives to afford the cut, including reducing its financial aid, […]
Egypt has released the names of 19 Americans who face trial over activities of their nonprofit groups in Egypt, a case that has soured U.S.-Egypt relations.
One of the 19 is the son of U.S. Transportation Secretary Ray LaHood.
Sam LaHood and five other Americans are in Egypt. The others have left, according to a statement from […]
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UPDATED at 8:40 p.m.
After months of stop-and-start negotiations, St. Louis University and Des Peres hospitals have reached a new 4-year agreement with HealthLink Inc. and Anthem Blue Cross and Blue Shield in Missouri.
The deal ends the uncertainty for thousands of St. Louis area patients, especially some of those undergoing cancer and transplant patients on long-term […]
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Mattel Inc. says strong holiday demand for toys including Barbie, Hot Wheels and American Girl helped push its fourth-quarter net income up 14 percent.
The holiday quarter is crucial for toy makers, who can make up to half of annual sales during the period.
The No. 1 U.S. toy maker reported Tuesday that its net income rose […]
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