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3 win economics Nobel for job market analysis
2 Americans, British-Cypriot win Nobel economics prize for job market analysis Two Americans and a British-Cypriot economist won the 2010 Nobel economics prize Monday for developing a theory that helps explain why many people can remain unemployed despite a large number of job vacancies. Federal Reserve board nominee Peter Diamond…
Pelosi pushes foreclosure irregularities probe
WASHINGTON (Reuters) – California Democrats in the House of Representatives are calling for federal investigations into whether financial institutions broke any laws in their handling of foreclosures in the midst of the housing crisis. Reports from thousands of homeowners in their congressional districts show an “apparent pattern” of practices that…
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