Who owns the 25 most expensive homes in Hawaii? The answer to that question provides a window into the changing nature of the U.S. economy by revealing which industries are producing mega-millionaires in an era of economic hard…
The mortgage-backed securities meltdown whose effects still haunt our economy sprang from a simple cause: The rules of the game gave big incentives to every player involved to ignore the problems and keep collecting their fees….
When it comes to real estate, the U.S. is hardly a homogeneous market. For instance, New York fell much less than Los Angeles did, and now both are rebounding. But the cities’ different local economics may yet put them on diver…
Target Corp. will open its first smaller, “urban” store in Seattle in 2012, marking attempts by the second-largest U.S. discount store chain to boost business by expanding beyond its largely suburban customer base.
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The U.S. Air Force and Navy both rank among the top 100 polluters in America, and many of their now-abandoned bases have been declared Superfund sites by the EPA. Here’s how two of these bases tackled the toxic stews left behin…