Location, location, location: Home price declines vary widely across metro Phoenix regions

Housing prices in the Phoenix metro area continue to plummet and the rate of decline has accelerated, according to Karl L. Guntermann, a professor of real estate and finance at the W. P. Carey School of Business.

Environmental squeeze prompts utilities to change tune

Electric utilities are in the business of selling electrons. The more they sell, the more they earn. But today, a whirlwind of forces is sweeping electron sellers into counterintuitive activities such as promoting conservation and offering rate structures designed to cut peak consumption.

The dollar: Down but not out

The dollar has been in sharp decline in recent months — the greenback is now worth less than the Canadian dollar, and against the euro, it has lost 60 percent of its value since 2001. A doomsday scenario has the U.S.

Most accurate forecaster: Kinder, gentler economic outlook

Despite dire predictions that the price of oil, the recent credit crisis and the ailing housing market will bring the U.S. economy to its knees, one prominent economist has faith in its resilience. Dr. Ken Mayland, recipient of the 2007 Lawrence R.

Partners in addressing climate change: Business, policy-makers and consumers

Climate change will cost us, and the bill is likely to be big, according to the recent United Nations Intergovernmental Panel on Climate Change.

New Arizona Home Price Index aims for more accurate measure of housing appreciation

The most popular indices currently in use today, such as those developed by the National Association of Realtors, measure the median home prices nationally and in a given region. But is median price the best way to measure the trend in home prices?

Podcast: World economy heading for an oil slick?

Analysts are watching the global oil situation with a raised eyebrow as prices flirt with the $100 per barrel mark. The U.S. economy is bearing the brunt, because with a weakening dollar oil costs more, and because at 20 million barrels per day, America uses more oil than any other nation.

Prognosis for AMT: Minimal change ahead

The alternative minimum tax (AMT), enacted in 1986 to make sure that a handful of millionaires paid at least some federal income tax, has come to affect tens of millions of taxpayers — most not even close to being millionaires.

The bigger they are: Ethical challenges of the rich and famous

Think twice about accepting a job with an organization headed by a renowned industry captain, a technological wunderkind or a visionary philanthropist, warns an expert who's studied the downside of charismatic leadership.

Podcast: Here come the boomers will Social Security survive?

The first official baby boomer reached age 62 and applied for Social Security benefits recently. Her action set off a ripple of reaction, fueled by a fear that plagues many Americans — that the Social Security system will collapse under the weight of millions of baby boomers entering retirement.