The unexpected benefits of adjustable rate mortgages

Using loan level data matched to consumer credit records, researchers have been able to determine that a reduction in mortgage payments of as little as $150 a month spurred a reduction in mortgage defaults and an increase ...

Intel reports lower 1Q net income, higher revenue (Update)

Intel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services.

Global tech spending seen slipping one pct in 2014

The Consumer Electronics Association estimates that global spending on technology will slip 1 percent in 2014 to $1.06 trillion as the lower average selling price of smartphones and tablets offsets unit growth in markets ...

The government scheme that's after your data

A little known UK government initiative is underway to release vast amounts of personal data from companies to citizens with the laudable aim of handing power to the consumer. The midata initiative aims to provide you with ...

The impact of consumption goals on flat-rate choice

Can you imagine a world where a subway ride becomes the highlight of your day? Where going to the laundromat isn't such a dreary duty? A recent study published in the Journal of Service Research found that our perception ...

Consumer confidence withstands Boston bombing

The overall level of consumer confidence declined in April from March, but was identical to last April's reading, according to University of Michigan economist Richard Curtin, director of the Thomson Reuters/University of ...

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