Finance News



Finance Sector doesn't grow that fast anymore

In recent years over 30% of MIt graduates chose finance as their future career. Due to recent financial meltdown this number has gone significantly down. Over the last decades finance sector was the fastest growing sector in the US economy, mainly beacuse of the lure of riches. Now that's the bubble has been deflated many young people turn somewhere else. Although the largest financial institution are again in the market, hungry for new forms of investing, it is believed some jobs just won't return. It is estimated that finance and insurance jobs will be 4% of the workforce in 2010, down from 4.8% two years earlier.




How House prices differ

Same 4-bedroom house, but price strangely different - how come? Recent research shows that house prices can differe 10-fold according to location. The most expensive location is la Jolla, in California, where average 4-bed house costs over $2,000,000. In contrast in places like Akron, Ohio, or Arlington, Texas, the same house would cost approx. $130,000. Can you possibly imagine that?




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