Racial segregation key factor in subprime lending

(PhysOrg.com) -- New study examines impact of segregation on the prevalence of high-cost loans in U.S. metro areas. Subprime loans disproportionately located in segregated areas.

Bailed-out banks issued riskier loans

Banks that received federal bailout money ended up approving riskier loans and shifting capital toward risky investments after getting government help, say University of Michigan researchers.

Sharp shares soar in Tokyo on profit report

Sharp shares jumped nearly 13 percent in Tokyo trading on Friday after a Japanese media report said the embattled electronics giant logged an operating profit in the last quarter of 2012.

Empowering African farmers with data

With a couple billion more people estimated to join the global population in the next few decades, world food production could use an upgrade. Africa has a key role to play: Agriculture is Africa's biggest industry, but much ...

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