Fannie Mae is changing their policies to allow renters in foreclosed homes to stay…
In a move that provides relief to thousands of renters who face eviction but draws the federal government even deeper into the housing market, the loan giant Fannie Mae said Sunday that it would sign new leases with renters living in foreclosed [...]
“Market solutions to poverty are very much in vogue. These solutions, which include services and products targeting consumers at the “bottom of the pyramid,” portray poor people as creative entrepreneurs and discerning consumers. Yet this rosy view of poverty-stricken people is not only wrong, but also harmful. It allows corporations, governments, and nonprofits to deny [...]
A new report analyzes how far advanced top companies are in addressing climate change and adopting environmentally friendly policies.
Some of the world’s biggest consumer and tech companies, ranging from Intel (INTC) to Nike (NKE), are making strides to reduce their businesses’ impact on global warming. But plenty of others, including Apple (AAPL), Estée Lauder (EL), [...]
WASHINGTON — President-elect Barack Obama committed Saturday to the largest public works construction program since the creation of the interstate highway system a half-century ago as he seeks to put together a plan to resuscitate the reeling economy…
…Mr. Obama’s remarks sought to expand the definition of traditional work programs for the middle class, like infrastructure [...]
In case you haven’t heard about it yet (since all news media sources are talking about it), the Bush administration proposed a $700 billion government bailout to buy bad mortgage debt and would be run directly by the Treasury Department. What the government purchases and what time it does would be by the government’s own [...]
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