Category Archives: Real Money Accounts

Cities, counties take back corporate tax breaks

Cash-strapped communities have a message for corporations that promised jobs in return for tax breaks: A deal’s a deal. » Read more…

Dubai opening world’s tallest building amid crisis

Dubai prepared to inaugurate the world’s tallest skyscraper on Monday, hoping to shift international attention away from the Gulf emirate’s deep financial crisis and rekindle the optimism that fueled its turbocharged growth. » Read more…

Is China headed for a major real estate bubble?

Li Nan has real estate fever. A 27-year-old steel trader at China Minmetals, a state-owned commodities company, Li lives with his parents in a cramped 700-sq.-ft. apartment in west Beijing. Li originally planned to buy his own place when he got married, but after watching Beijing real estate prices soar, he has been spending all his free time searching for an apartment. » Read more…

In Foreclosureville, USA, so much change

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Chinese export growth boosts world markets

World stock markets rose strongly Monday after a surprisingly strong rebound in China’s exports reinforced hopes about the pace of the global economic recovery as attention began to focus on the start of fourth-quarter earnings reports in the U.S. » Read more…