economy

Wealthy Opt To Rent Instead of Owning Homes

Wealthy Opt To Rent Instead of Owning Homes

As the economy tries to recover from the recession, a sign of the times is the real estate market in New York City, home of some of the wealthiest Americans. Affluent home owners are now opting to sell their homes which have been losing value and are choosing instead to rent as the real estate market tries to recover rather than take losses.

CEO Of Microsoft Steve Ballmer Awarded Only Half Of Bonus, Employees Respond

CEO Of Microsoft Steve Ballmer Awarded Only Half Of Bonus, Employees Respond

Although Steve Balmer as head CEO of Microsoft raked in $26 billion pre-tax this year for the company, the companies highest sales ever, he is being awarded only half of his bonus under his contract by the board of directors which amounts to $670,000. The move comes after Balmer’s misteps to counter Apple’s iPad and […]

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