NEW YORK - November 8, 2011 - A new report on still-falling home prices highlights the fact that the lower those prices go, the more Amerikan borrowers fall into a negative equity position; that is, they owe more on their mortgages than their homes are worth.

Most analysts will tell you that negative equity is the number one problem in the housing market today, even worse than foreclosures, because it causes foreclosures, stymies consumer spending, and traps potential home buyers and sellers in place.

WASHINGTON - November 7, 2011 - The ranks of Amerika's poor are greater than previously known, reaching a new level of 49.1 million - or 16% - due to rising medical costs and other expenses that make it harder for people to stay afloat, according to new census estimates.

The numbers released Monday are part of a first-ever supplemental poverty measure aimed at providing a fuller picture of poverty. It is considered experimental and does not replace the Census Bureau's official poverty formula, which continues to determine eligibility and distribution of billions of dollars in federal aid for the poor.

NEW YORK (PNN) - November 4, 2011 - October's employment reports showed continued sluggish job growth, but positive revisions for earlier months takes away some of the sting and reaffirms the economy is growing.

The government reported 80,000 total jobs were added in October. There were 104,000 private sector positions added in professional and business services, leisure and hospitality, health care and mining, and 24,000 government jobs were lost.

CANNES, France - November 3, 2011 - It may well be remembered as the day the euro zone began to break apart.

At a late night news conference in Cannes on Wednesday, German Chancellor Angela Merkel and French President Nicolas Sarkozy shattered the bloc’s most sacred taboo, conceding openly for the first time that Greece might end up having to leave the tight-knit currency club it joined a decade ago.

NEW YORK (PNN) - November 1, 2011 - Nearly 15% of the U.S. population relied on food stamps in August, as the number of recipients hit 45.8 million.

Food stamp rolls have risen 8.1% in the past year, the Department of Agriculture reported, though the pace of growth has slowed from the depths of the Depression.

NEW YORK - November 1, 2011 - Bank of America is nixing its plans to charge a $5 debit card fee.

The bank says in a statement that the decision to scrap the plan came after listening to customer feedback in recent weeks.

ATHENS, Greece - November 1, 2011 - Greece's government looked on the verge of implosion on Tuesday ahead of a Friday no confidence vote, as a socialist deputy defected and another cadre called for early elections after the prime minister called a referendum on his EU debt rescue.