While consumer spending once helped keep the economy healthy, rising consumer debt is the reason it's getting sick. The root cause of the current economic slowdown in the U.S. goes back several decades, according to an economics professor at Washington University in St. Louis.
Expert Todd Ault discusses the future of illiquid and restricted stocks fare in light of Bear Stearns fire sale.
Despite continuing turmoil in the housing and financial markets, a U.S. recession is not imminent, The Conference Board reports today.
New research from the University of New Hampshire shows that the nation's poorest cities experienced a substantial drop in poverty rates during the economic boom from 1992 to 2003, but not enough to lift them out of their relative positions as the most impoverished communities in America.
Former dean of the business school at Washington University in St. Louis comments on the wisdom behind the Congressional stimulus package. Stuart Greenbaum is skeptical that a stimulus package will be effective and proposes several other strategies that could improve the economy.
As Catholics prepare to enter the Lenten season, choosing to make financial sacrifices for religious reasons may help those concerned about the economic downturn, according to Michele Dillon, professor of sociology at the University of New Hampshire.
A Texas Tech expert can discus how the U.S. economy influences the global market. Also, he can shed light on how some of these complex economic issues at hand fit into the past, present and future macroeconomic picture.
Peter Ricchiuti, assistant dean of Tulane University's A.B. Freeman School of Business, is available for expert analysis of the latest stock market slide.
Clarkson University Economics Prof. Sonmez Atesoglu is available for expert comment on today's Fed rate cut.
Tim Yeager, finance professor in the Sam M. Walton College of Business at the University of Arkansas and former analyst at the Federal Reserve Bank of St. Louis, is available to comment on the Fed's decision Monday to cut interest rates by three-quarters of a point.
Despite the current market decline and with nearly 2,000 college students competing nationwide, two Central Michigan University undergraduates hold top rankings at the halfway point of the Barron's Challenge collegiate stock-picking contest.
Diabetes is considered the biggest health crisis of the next quarter century. New economic data, to be announced next Wednesday, January 23 at 1 p.m. will illustrate further this devastating toll. The American Diabetes Association, along with members of the Congressional Diabetes Caucus, will discuss this new report during a briefing at 2218 Rayburn House Office Building, Washington, DC.
As the number of foreclosures on homes purchased with a subprime mortgage continues to grow, politicians are focused on a way to slow, or even reverse, the trend. However, bailing out the credit industry isn't necessarily the way to go, says a finance professor at Washington University in St. Louis.
A new book written by Eric Finkelstein, Ph.D., a health economist at RTI International, and Laurie Zuckerman takes a contemporary look at the economics of obesity.
Quality of dental care is associated with one's race and economic status, according to researchers at the University of Alabama at Birmingham (UAB) School of Dentistry.
A Clarkson University economics professor says that the new benchmark federal funds rate of 4.25% is much too high to get the optimum levels of employment and gross domestic product that the Federal Reserve is looking for.
Professor William Bailey says potential buyers, no matter how eager they are to purchase a home, need to follow five general guidelines when deciding how much house to buy.
Despite a slumping housing market, rising oil prices, flat auto sales, a weak U.S. dollar and waning consumer confidence, America's economy will not slip into recession, say University of Michigan economists.
The bursting of the proverbial real estate bubble coupled with a mortgage and credit crisis has many Americans murmuring "recession." Ben Liebman, Ph.D., an economist at Saint Joseph's University in Philadelphia, says that despite the opinion of some Americans, we are not in a recession. He expects Philadelphia's debate viewers to be interested in what the candidates have to say about the economy.
If you think sub-prime mortgage loans caused Wall Street trouble, just wait until debt problems spill over onto household spending. America's love affair with spending could trigger the most severe downturn in economic activity seen since at least the 1980s "” and possibly since the Great Depression.
A consumer and family finance expert offers advice to homeowners that could greatly increase their chances of keeping their homes if they are facing mortgage trouble. He suggests first talking to the mortgage holder to work out a deal and then if needed turning to a consumer credit counseling agency.
USC Marshall team presents findings at APEC summit.
John D. Rossi, III, CPA, associate professor of accounting at Moravian College can explain the complex situation including special accounting standards in relative non-technical terms and point out a key element missing in the media coverage of the crisis.
The latest round of bad news in the housing market dealt a blow to consumer confidence in August, causing a three-point drop to 78, its lowest level in a year, a new University of Florida study finds.
In response to federal banking regulators' concern about community banks' increased participation in commercial real-estate lending, a University of Arkansas researcher has developed a system that allows banks to perform stress tests on their commercial real-estate portfolios.
The stock market might be nervous now due to the subprime loan mess, but Stuart Greenbaum, former dean of the Olin School of Business at Washington University in St. Louis, is bullish on the situation.
Florida's housing market, thought to be stabilizing earlier this year, deteriorated in the latest quarterly survey conducted by the University of Florida, a situation likely brought on by uneasiness about lending practices, insurance rates and the state's property tax structure.
Hopeful homebuyers in Florida should act now: The price is right as the state's single-family residential housing market bottoms out, according to a University of Florida study released today.
Chinese foreign economic policy expert Chris Reardon, associate professor of political science at the University of New Hampshire, is available to discuss China's recent stock market drop and the larger implications of the increasing influence of China's impact on the global economy.
A movement to force credit-card companies to inform consumers of the high costs of using plastic is growing, according to a law professor at the University of Illinois at Urbana-Champaign.
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