More Signs the Economy is Stabilizing
July 1, 2009 by Mark Ellis
Filed under Business News
Nowadays, news that would have been bad a couple of years ago serve as glimmers of hope in a troubled economy. Although manufacturing has shrunk again and home sales are still nowhere near they are in a strong economy, manufacturing decreased the smallest amount since August 2008 and home sales continue to creep upwards for the fourth month in a row.
According to the Institute of Supply Management, their factory index, which measures manufacturing, has risen in June to 44.8, with any number under 50 signaling a contraction. The National Association of Realtors has expressed a similar increase in the number …read more
Bank Says No Shortcut to American Dream
March 5, 2009 by Lela Davidson
Filed under Corporate Finance
A Pittsburgh bank is teaching women that hard work and careful planning, not too good to be true mortgages, are the true path to home ownership. If owning a home is truly still at the core of our American dream, then we ought to be teaching this curriculum at every school in the country.
Hard work for a good life. That may seem obvious to some, but our current financial crisis proves that we have lost some of our work ethic. We have become a nation in debt and whether or not we can pay back what we’ve borrowed doesn’t seem to …read more





