Tuesday, 26 August 2025

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Super Bowl 2012: Are Sports Stadiums Ripping Off Cities?

When the New York Giants and New England Patriots battle in Super Bowl XLVI on Sunday, they'll be playing in a stadium that was largely financed by taxpayers. Some critics dispute the positive economic benefits of stadiums, which have received around $20 billion in subsidies in the last two decades.

The Hottest U.S. Real Estate Markets: Washington, D.C.

The nation's capital has been a leader when it comes to real estate. While much of the country's housing market continues to languish, Washington D.C. and the surrounding area have seen tight inventory and price growth in recent months.

O.J. Simpson Foreclosure: 4 Other Athletes Whose Homes Were Lost [PHOTOS]

Former football star and actor O.J. Simpson is facing foreclosure. According to Miami-Dade Circuit Court records, JPMorgan Chase filed for foreclosure in September on Simpson's four-bedroom, four-bathroom in the Miami suburb of Kendall, Fla.

EDITOR'S PICKS

Case-Shiller Housing Index January 2012: Look for More Declines

U.S. home prices fell more sharply in November, compared to the previous month, according to S&P/Case-Shiller Home Price Indices data released on Tuesday.
By Staff Reporter
Freddie Mac's Image Problem: Conflict of Interest Charged

On Monday, NPR and ProPublica published a report revealing that Freddie Mac, the government-owned mortgage giant, had purchased $3.4 billion in mortgage securities that became more profitable if homeowners were unable to refinance at lower rates.for homeowners to pay off their mortgages. It's the latest public blow to a firm that has been blamed for its role in the housing crisis, even as it continues to deal with the fallout of the toxic mortgages that it continues to hold
By Staff Reporter
Case-Shiller Home Price Index: More Declines in November

U.S. home prices fell more sharply in November, compared to the previous month, according to S&P/Case-Shiller Home Price Indices data released on Tuesday.
By Staff Reporter
Cummins 4Q Earnings Preview: Engine Demand, Construction Recovery Expected to Boost Manufacturer

The Columbus, Ind.-based company is expected to earn $424 million, or $2.24 per share, up from 362 million or $1.84 per share in the year earlier period, estimates carried by Thomson Reuters said. Analysts expect revenue of $4.7 billion, up from $4.1 billion in the year earlier period.
By Staff Reporter