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A report has come out saying that while home prices around the country dropped in February, Phoenix, Arizona is the leader for largest decline in home prices.
The average home price fell 35% in Phoenix from February 2008 to February 2009 according to the S&P/Case-Shiller …

Is copper destined to bubble and burst again?

Question:
Copper is considered to be the most tied metal, other than gold, to the world economy’s well being. With the price of copper moving up 50% in the past 3 months, is copper becoming another bubble? Furthermore can …

These are tough economic times and the recession is taking its toll on businesses too.  Giant chains like Linens N Things and Circuit City have closed their doors, now a list has come out about 15 companies that may not make it out of 2009.
1) …

In 2008, those in the subprime market saw their investments go down the drain. Next year may be even worse…
Until now, the nation’s most serious home price declines have been in low-cost markets that were dominated by subprime mortgages, and in overbuilt markets such as …