“Each year, 24/7 Wall St. regularly compiles a list of brands that are going to disappear in the near-term.  Last year’s list proved to be prescient in many instances, predicting the demise of T-Mobile among others.   24/7 Wall St. has … read more >

Here’s something interesting from today’s Census release on new home sales: The average new home price fell to $242,300 in October, which was the lowest average monthly new home price since August 2003 ($241,000), more than 8 years ago (see … read more >

HT: Warren Smith Update 1: As Morganovich comments, you might want to put this on your Christmas list. Update 2: Featured on CBS News,  Fox News, and the UK Guardian (but Alan in the comments section below is skeptical), and … read more >

It shouldn’t be any surprise that following Obama’s decision to delay the decision on the Keystone XL pipeline until after the 2012 election, and in the process kill 20,000 “shovel-ready” U.S. jobs, Canada is now looking westward to China as … read more >

At 2.79%, one-year adjustable rate mortgages fell last week to the lowest level in U.S. history, going all the way back to 1986 (see chart above) following the “legalization” of ARMs in the U.S. by the “Garn–St. Germain Depository Institutions … read more >

Decanter.com — “European wine growing regions are battling European Commission plans to allow massive vineyard expansion.  If the reform goes through, by 2019 there will be no restrictions to planting vines across the European Union, even in countries that today … read more >

Now when you download the latest update to the Delta Airlines app, you’ll be able to track your checked bag – just like you track a package.

The Federal Reserve recently released data on delinquency and charge-off rates at U.S. commercial banks for the third quarter of 2011.  For consumer credit cards, the delinquency rate fell for the 9th consecutive quarter to 3.47% during the July-September period … read more >