The Department of Education (DoE) said that default on student loans climbed to 7.0 percent in fiscal 2008, up from 6.7 percent in the prior fiscal year - yet another manifestation of the sluggish economy and bleak jobs market.
Jefferson County in Louisville, Kentucky has always prided to be the home for million dollar houses in the U.S.
New Orleans, which was hit by Hurricane Katrina in 2005, has lost more than 75,000 homes, nearly 13% of the total housing units in the district. At the same time, the monthly cost of housing rose 33% to $882 due to shortage of these houses making it expensive to live.
Some elderly borrowers may benefit from a Federal government decision to reduce upfront costs of reverse mortgages in the US.
In the Big island of Hawaii, more people are buying Condominium and single family homes compared to last year, as home prices are still going cheap.
In the first of this year, more than $132 billion worth of real estate deals were signed globally, up 74% over $76 billion deals signed during the same period last year.
Henderson Global Investors has launched a new $1.1 billion fund targeting the U.S. apartment market, saying it was the best-placed property sector for rent growth and occupancy over the next five years.
Guests at a recent recording of the Oprah Winfrey show were in for a surprise when the chat show queen announced that she was flying them all down to Australia to can two shows from the final season of her talk show.
For the first time in the world, a study has examined how good habits have a multiplying effect on mortality in Asian women. The study results are that smoking husbands are shortening their wives' lives. Other results of the study include that Chinese women with plenty of healthy habits tend to live longer than their friends with less healthy lifestyles.
An ad by a U.S. non-profit group is creating some doubts about linkage between heart disease deaths and fast-food. The Physicians Committee for Responsible Medicine's ad has a woman sobbing. She has clasped the hand of a dead man lying in a morgue.
Males who carry specific alterations of DNA on the sole X-chromosome are at high risk of developing autism spectrum disorder (ASD), a Canadian study showed.
Big brother China has beaten India for the first time in the number of students to US management schools.
The share of foreign students coming to the United States has been going down every year since 2000, shows a study released by an international body comprising the developed nations of the world.
According to a recent realty report by Reuters, an unbelievable number of US homeowners lost their homes to banks. RealtyTrac, a real estate data company sees a record 1.2 million repossessions this year, up from just fewer than 1 million last year, with more than 3.2 million US homes in some stage of foreclosure.
The head of Japan's auto lobby warned on Thursday the current dollar/yen rate was not strong enough to prevent job losses at home, calling on authorities to keep taking decisive steps after intervening in the currency market a day earlier.
General Motors Co is determined to pay back taxpayers as quickly as possible, but the process could take several years, GM Chief Executive Dan Akerson said on Thursday.
Amongst the food-borne diseases, poultry has been found to be the leading cause in the U.S. This is followed by green leafy vegetables and beef, which cause severe food poisoning and other stomach ailments, says a report released by the Centers for Disease Control and Prevention.
According to the American Heart Association (AHA) smokeless tobacco products are not really safe alternatives to smoking and can actually lead to certain types of cancers.
Progeria is a rare genetic disorder - only 65 cases in the world - where a child's aging process is accelerated and he or she dies of aging related disease like stroke and heart attack. Life expectancy is about 13 years.
If there is one single benefit to the US due to the recession, it is that more people are studying in colleges than ever.
Last summer, the leaders of some of the world's top drugmakers buttonholed Roche Chief Executive Severin Schwan and tried, unsuccessfully, to get him to change his mind.
Mild memory problems in older people are often excused as senior moments, but a new study has found the same changes in the brain that cause severe dementia may also be responsible for those memory lapses.
