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A buyer's market in Vancouver still no bargain

According to The Real Estate Board of Greater Vancouver, Canada's most expensive market is in "a buyer's phase," but the cost of an average detached home is still $305,878 higher than the national average. The Canadian Real Estate Association lists the average price in May 2008 for a property in Canada as $318, 761, where houses in Vancouver are listed at an average of $624,639. According to the numbers from June 2008 released by REBGV, a typical detached residential property in Greater Vancouver sells for $765,654. That's a change of seven per cent over one year and 89.5 per cent over five years. A typical apartment will cost $388,722, a change of 7.8 per cent over one year and 105.2% over five years.

Will the Next War for Oil Be in Africa?

The number of Americans who believe that the war in Iraq was a mistake has surpassed the number who felt the same way about Vietnam during that war. At the same time, a much quieter U.S. military build-up is underway on another continent. The ultimate objective of the two efforts is the same: securing Big Oil's access to the regions' oil. The impact in Africa will likely be the same as in Iraq: perpetual occupation, instability and growing anti-Americanism.

'Suicide is Painless' fraudster turns himself in

Now wait a second...Where is Neal Boortz when you need him? Here is a example of fraud, waste, and crime in the private sector that we think can solve all of our problems. Somehow he will blame the hedge fund abuse, the Enron fraud and the Worldcom fraud on the evil government. Greed exists in capitalism as well and it tends to hurt a greater number of people than the waste that occurs in the government. Just about everyone's portfolio has been hurt by the Enron and Worldcom disaster. Pure capitalism will just allow the businessmen to take over and rape the nation. You can try but you can't legislate morality, people will waste money and make bad decisions regardless of the economic system.

Secret Factories for 2010

Organizers of the 2010 Olympics refuse to tell the public where gear for the games and Olympics-branded products are made, though critics say such secrecy makes it far harder to expose sweatshops in the Olympic supply chain.

Why can’t NYC companies retain employees of color?

New York City is one of the most ethnically diverse cities in the country, yet many companies here are still doing a poor job when it comes to diversity. In this week's issue, Crain's New York Business has a special section on diversity in the workplace, and the statistics it cites are depressing: * "In a city that is 25% black, only 2.5% of employees making over $100,000 at the 16 [advertising] agencies examined are black" * "In the securities industry, minorities make up about 22% of the workforce but are clustered in the lower ranks" * "A third of law firms in New York don't have any black or Hispanic partners"

Starbucks to close 600 stores in the U.S.

Starbucks Corp. said Tuesday that it has drastically increased the number of stores it plans to close and could eliminate as many as 12,000 full- and part-time positions as a result. The company said it now plans to close 600 company-operated stores in the United States, up from its previous plans to close 100 stores.

Corn, wheat prices dip sharply

How does weather affect your wealth building? Well...Everything is connected.

The free economy

The new business model is where you give away the product and make money from advertising

Will Canada Last?

What will it take persuade Canadians that if they do not act soon to reverse the course of their nation, there will be nothing left to save? I am talking, of course, about so-called "deep integration" and its official expression, the Security and Prosperity Partnership (SPP).

Business turns to psychics

It's a sign of the times. Businesses are now turning to psychics for advice.

Feingold, Dodd planning filibuster of wiretap bill, prospects dim

A Dodd-led filibuster in February attracted just 29 supporters, short of the 41 necessary to keep a bill from coming to a vote. Speaking in Washington Monday, Feingold was pessimistic about their chances this time around.

Bloomberg.com: Worldwide

June 24 (Bloomberg) -- The world's biggest financial firms may lose as many as 175,000 jobs by this time next year as Citigroup Inc. and other banks shed workers amid slowing revenue and billions in writedowns, executive recruiters say.

CHRYSLER BUILDING ON THE BLOCK to Abu Dhabi Investors

Sources say the super-rich Abu Dhabi Investment Council is negotiating an $800 million deal for a 75 percent stake in the Art Deco treasure that has defined the Midtown skyline since 1930.

Arianna Huffington makes waves on the Web

Her site - HuffingtonPost.com - has blossomed from a handful of staff to 50 and an audience of nearly 15 million visitors a month. Her Internet newspaper is attracting eyeballs and advertising that might otherwise gravitate to traditional media outlets. The site is also helping to set the media's agenda.

The political lessons of the American Axle strike

American Axle workers began to return to work earlier this week, after the end of a three-month walkout in Michigan and New York. The struggle-one of the longest walkouts in the auto industry in decades-ended in a bitter defeat for the workers.