Recent Posts

Red flag signalling 2007 housing bust is fluttering again

  Bloomberg Almost nine years after the housing-market bust helped trigger the most recent recession, RealtyTrac senior vice president Daren Blomquist sees the industry waving a red flag. The same fervent speculation that abetted the housing bubble is showing up in the bloated share of foreclosures snapped up by third-party investors at auction — a record 31 percent in June, ...

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Daily dozen with Pokémon Go

  Bloomberg A four-mile walk home wasn’t a normal part of Peter Morency’s routine before Pokémon Go entered his life. But on Wednesday evening the 25-year-old Tufts University administrative assistant ditched the Boston-area bus and caught a virtual bestiary—Drowzee, Bellsprout, Poliwag, Clefairy, and Charmander, all characters from Nintendo Co. Ltd.’s blockbuster mobile game—during a leisurely two-hour stroll. Millions of Pokémon ...

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Myanmar’s fast food swerves to home style

  Yangon / DPA In a Yangon shopping mall, Wai Hin tucks into a lunchtime burger. “I like such foods and places,” he says, sitting in the cool air of the South Korean Lotteria franchise in Junction Square mall, one of the largest buildings in the former Myanmar capital. “It’s quiet, well-decorated and air-conditioned,” and well worth the relative expense, ...

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