Study looks at effect of high foreclosure rates on local tax bases

(PhysOrg.com) -- Foreclosed homes and unsustainable growth can wreck the tax base of local governments. That’s the warning being issued by Auburn University’s Center for Governmental Services following its study of newly ...

Japan's NEC sees $1.36 billion net loss

Japanese IT firm NEC said Friday it lost $1.36 billion in the year to March as asset write-downs and tax payments hit its bottom line, even as operating profit rose.

Study: Child poverty rising after tax credit expires

The number of children in America living in poverty jumped dramatically after just one month without the expanded child tax credit payments, according to a new study. Advocates fear the lapse in payments could unravel what ...

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