Americans' percentage of equity in their homes fell below 50 percent for the first time on record since 1945, the Federal Reserve said Thursday. That marks the first time homeowners' debt on their houses exceeds their equity since the Fed started tracking the data in 1945. picked by 2longdogs 2 years ago tags finance business homes federal reserve debt |
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Just two generations ago, America was a nation of mostly thrifty people living within their means, even setting money aside for unforeseen expenses. 1 comments edit related share worldToday, Americans carry $2.56 trillion in consumer debt, up 22 percent since 2000 alone, according to the Federal Reserve Board. The average household’s credit card debt is $8,565, up almost 15 percent from 2000. picked by BWallaby 1 year ago |
Concerns about an impending terrorist strike are at the lowest point on record since the attacks of September 11, 2001, according to a new CNN/Opinion Research Corp. poll. picked by spocksmyhomeboy 1 year ago 0 comments edit related share plime.com |
For the first time, more than 34 million Americans received food stamps in May, the government said on Thursday, another symptom of the longest and one of the deepest recessions since the Great Depression. picked by Bornbad 4 months ago 3 comments edit related share world |
Briton astounds the world by becoming the first person to swim to North Pole. 7 comments edit related share plime.comGlobal Warming: Do You Believe Now? picked by nesbyniccolo 2 years ago |
Oil prices dipped below $75 a barrel Wednesday, a new 13-month low, as OPEC reduced its 2009 petroleum demand forecast amid signs that the global economy is headed for a severe downturn. 2 comments edit related share plime.comLight, sweet crude for November delivery fell $2.95 to $75.68 a barrel on the New York Mercantile Exchange after earlier sliding to $74.57, the lowest trading level since Sept. 5, 2007. picked by ImNotBlue 1 year ago |
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Sony said on Thursday it sold a record number of its PlayStation Portables (PSPs) in Japan in September as a slimmer and cheaper version of the handheld game machine helped drive demand. picked by punthe 2 years ago 0 comments edit related share plime.com |
Earlier we learned that The New York Times opened up their archives for free. A thread was started where we could post interesting finds. The people at Mental_Floss magazine are showcasing the first time various famous places/names/things/ etc were mentioned in the Times. From simpsons, through Starbucks, Silicon Valley and more! picked by 2manyusernames 2 years ago 0 comments edit related share plime.com |
Wannabe rock stars from across the UK have turned out in their hundreds to smash the world record for the most drummers playing the same beat at one time. The colossal cacophony was in aid of charity Stick It To MS. picked by marcelsmit 5 months ago 1 comments edit related share plime.com |
The Gallup organization first started asking Americans how they approved of the job the president was doing in the 1940s. Here you can review and compare the approval rating for each U.S. president since Truman picked by 2manyusernames 4 months ago 2 comments edit related share politics |