Research sheds new light on the Great Recession

It's no secret that a housing bubble kicked off the financial crisis that began in 2007, rippling through institutions caught holding subprime mortgages. But a fresh look suggests much of the lingering damage was caused by ...

Are casinos making the right bet when it comes to slots?

With slot machines producing the bulk of profits in most of the world's casinos, gaming managers make it their business to keep slot players happy. So how do they prevent customers who are losing from walking away?

ASU report: Foreclosures still cloud housing market

(PhysOrg.com) -- Foreclosures continue to play a major role in the Phoenix-area housing market. Almost half of the existing-home transactions in the Valley last month -- 45 percent -- were foreclosures. That's according to ...

Rethinking investment risk

Financial innovation is supposed to reduce riskā€”in theory, at least. Yes, new financial instruments based on the housing market helped cause the financial crisis of 2008. But in the abstract, those same instruments have ...

Hackers cause stir with 'Obama injured' AP tweet

Hackers spooked markets Tuesday after breaking into the Associated Press's Twitter account and falsely reporting President Barack Obama had been injured after two blasts at the White House.

Research reveals likely housing winners and losers

There is a great deal of uncertainty and speculation about the direction of the housing market in the UK and the USA -- both for home-owners and renters. Social Scientists funded by the Economic and Social Research Council ...

3Qs: Will rising home prices cause another housing bubble?

Home prices have once again started to rise, making significant gains for the first time since the housing bubble burst in 2007. While that's good news for sellers, it could be bad news for the nation's economy. Joseph Giglio, ...

Recession may be over, but recovery will be gradual

(PhysOrg.com) -- With the severe national recession of the past two years finally behind us, the pace of economic recovery will be slow and unemployment will remain high for quite some time, say economists at the University ...

Another wave of foreclosures likely in new year

(PhysOrg.com) -- As we near the end of the year, Phoenix-area home prices have started to go up, but another wave of foreclosures is likely to hit soon. That's according to the author of the latest Realty Studies report from ...

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