Tag: Recessions and depressions
Why is Spain considering a 100% tax on homes bought by non-EU residents?
MADRID -- Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties...
US Justice Department accuses six major landlords of scheming to keep rents high
DENVER -- The U.S. Justice Department is suing several large landlords for allegedly coordinating to keep Americans’ rents high by using both an...
Zimbabwe's new currency woes hit traditional stores while illegal night bazaars flourish
HARARE, Zimbabwe -- Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the tarmac of a car...
Big Lots reaches deal to keep hundreds of US stores open
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores...
American consumers feeling less confident in December, Conference Board says
American consumers are feeling less confident in December, a business research group says.The Conference Board said Monday that its consumer confidence index fell...
The Container Store, buffeted by rough housing market, seeks bankruptcy protection
NEW YORK -- The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to...