Financial news on March 26th, 2011
Business and Financial news
The most recent housing market cycle is much different from previous ones. It isn’t just due to a decreased demand for homes, but a glut of used homes for sale. Read more..
Yervoy, made by Bristol-Myers Squibb, is the first drug shown to prolong the lives of people with the skin cancer melanoma. Read more..
After a week of debating the future of nuclear power, E.U. leaders on Friday decided that reactors across all member nations should undergo safety tests in response to radiation leaks in Japan. Read more..
A Fort Lauderdale, Fla. lawyer has agreed to pay the state to settle allegations of improprieties in mortgage foreclosure cases. Read more..
Latest Ifo Business Climate Index points to solid growth in Germany but signals that events in Japan and the Arab world could be giving rise to caution. Read more..
The practice of bank-imposed insurance — known as force-placed insurance — has become more widespread in parts of the country where foreclosures are prevalent. Read more..
The investigation was prompted by the 2004 sale of the Dolce & Gabbana and D&G brands, which prosecutors came to believe was a front to pay lower taxes. Read more..
Consumer spending at the end of 2010 led economic growth, but higher fuel prices have lowered consumer sentiment this month. Read more..
It pays to do some homework before calling an appliance repairman. Read more..