Nationwide, the average time it takes to process a foreclosure climbed to 674 days from 253 days just four years ago.
Delinquent borrowers facing foreclosure are learning that they can stay in their homes for years, as long as they’re willing to put up a fight.
Continue reading… “Delinquent borrowers keep homes without paying”
Educational borrowing has grown far more quickly among those between 35 and 49.
According to a new analysis obtained by Reuters, middle-aged borrowers are piling up student debt faster than any other age group.
Continue reading… “Middle-aged racking up student debt faster than any other age group”
Mom inventors growing trend.
Tamara Monosoff came up with an invention, eight years ago that she was sure mothers like herself would appreciate: a device that prevents children from unspooling toilet paper from the roll. But she had no idea how to transform the concept into a marketable product.
Continue reading… “Mompreneurs – if they can’t find it, they invent it”
Abraham Karem began tinkering with drones in his garage in 1980.
Abraham Karem, is an engineer who had emigrated from Israel. In 1980 he retreated into his three-car garage in Hacienda Heights outside Los Angeles and, to the bemusement of his tolerant wife, began to build an aircraft.
Continue reading… “Drones: garage invention spawns multibillion-dollar defense industry”
Futurist Thomas Frey: Understanding trends is more of an art form than an exact science. But for those who can read the tealeaves, and make bold moves, leveraging trends can give them a serious competitive advantage.
Continue reading… “28 Major Trends for 2012 and Beyond – Part 2”
Muppets
Chris Anderson, a director of Omnicom Group’s marketing agency The Marketing Arm says, “In times of uncertainty, we tend look back. We long for seemingly simpler times. From music to motorcars to Muppets, we seek out products and brands that we’re familiar with.”
Continue reading… “10 brands that could make a comeback in 2012”
When the Going Gets Tough, BP Runs…
While it is well-known that the solar industry is highly cyclical, the general trend is definitely in an upward direction, with rapid double-digit yearly growth in production capacity and plenty of money to be made by the smartest players (both Warren Buffett and Google have recently invested in solar power). But apparently, when the going gets tough, BP cuts and runs. After 40 years of existence, now that solar power is more necessary than ever, the giant oil company has decided to drop its solar division. So much for ‘Beyond Petroleum’, a recent BP slogan, eh?
Continue reading… “BP drops solar division after 40 years of operations”
The Postal Service has considered canceling Saturday delivery, closing post offices and laying off some of its 280,000 workers.
The newest generation of of tech-savvy workers grew up hearing that the jobs they would hold as adults hadn’t even been invented yet. No one mentioned that the jobs they had come to think of as permanent might become a thing of the past.
Continue reading… “Jobs that became a thing of the past in 2011”
This machine dispenses Kraft’s new dessert Temptations Jell-O and uses face recognition software.
Big Brother not only watches you he will be sizing you up via a new product sampling machine that will determine whether you’re the right age — or even the right sex — to receive a sample of a company’s product.
There will be more repossessions next year and tougher criteria banks are now imposing on potential borrowers.
The development of multi-family units – a category made up of apartments and townhouses – jumped 25.3 percent last month to an annual rate of 238,000, the Commerce Department said on Tuesday. That helped drive overall construction on new homes up 9.3 percent to an annual pace of 685,000, the strongest since the spring of 2010.
A graduate student studying the effects of advanced biodiesel fuel on a John Deere engine.
Silicon Valley is recognized as the spawning ground of technology start-ups in the world of computers. Lower Manhattan has long been the place to set up shop for financial institutions. And of course the epicenter of American automaking is Detroit. Detroit has been evolving in recent times from a manufacturing center to a headquarters city. Still, there is no guaranty that its dominance is permanent.
Continue reading… “Fort Collins, Colorado aspiring to be the new Motor City”
Apple is the best run company of 2011.
There are many American companies that have done incredibly well this year. A number of companies have posted extraordinary financial results in 2011. Others have launched products that revolutionized markets.
Continue reading… “America’s best and worst run companies of 2011”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.