High foreclosures but low bankruptcies: Why the disconnect?
Foreclosure rates have increased dramatically in the last year. Yet bankruptcy filings are much lower than they were before the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) went into effect.
Podcast: Michael Vick, celebrity endorsements, and the fallout when an icon stumbles
Michael Vick's apparent involvement in the brutal "sport" of dog fighting is the latest incident to focus attention on celebrity endorsements.
Biologic drugs a good buy in U.S.
The soaring cost of prescription drugs is a major concern in the United States, but drugs in one important category — biopharmaceuticals, or drugs produced through biotechnology — actually do not cost more in the United States. Michael F.
Reduce risk by building a diversified 'portfolio' of customers
Companies typically try to acquire the kind of customers that are immediately profitable, or show the most potential for long term value.
Podcast: How the Fed influences credit market liquidity
As the stock market continues to shake following the crash of the subprime market, all eyes are on the Federal Reserve. Now more than ever it's important to understand how the Fed works. For example, what is the federal funds rate and how does it differ from the discount rate?
Collect calls: How the IRS aims to bring in more money
IRS officials estimate some $290 billion dollars that should have come into federal coffers in 2001 never made it into Uncle Sam's pockets. But, take heart. The IRS has a seven-component strategy for bringing in the bucks.
Jumbo woes in the mortgage market
The meltdown of the subprime mortgage industry, often associated with the lower end of the U.S. housing market, continues to spread upward, bringing uncertainty into the jumbo mortgage loan market (loans above $417,000).
The globalization of sushi: From street snack to gastronomic delicacy
From its origin as an economical means of preserving dried fish to its current ubiquitous presence in supermarkets and five-star restaurants, sushi presents a fascinating glimpse of the rise and fall (and rise again) of Japan's modern economy and the similarly wild ride of sushi's culinary center
Disease outbreak and bioterrorism: The ultimate supply chain test
In the event of a disease outbreak or bioterrorist attack, public health officials must make decisions about how to allocate finite medical resources — decisions that impact the spread of the disease and the number of lives lost.
Closing the gap: Why the IRS wants to practice random acts of audit
According to IRS estimates, there is a $345 billion gross "tax gap" for 2001. The tax gap is the difference between taxes the IRS thinks should have been paid and taxes that actually were paid.