Dollars & Sense: Housing crisis not over; oil prices surge
February 22nd, 2011
04:49 PM ET

Dollars & Sense: Housing crisis not over; oil prices surge

A roundup of today's CNNMoney news:

'Substantial risk' of 25% drop in home prices: National home prices fell 4.1% during the last three months of 2010, compared with 12 months earlier. And things may get a lot worse.

Should you pay off your house?: An increasing number of homeowners are wondering if it makes sense to hasten the day they can say goodbye to a big monthly expense while earning the equivalent of a decent, guaranteed return.

Oil prices surge 6% on Libya unrest: Worries about widespread supply disruptions are causing oil prices around the world to spike. And drivers are getting worried they may soon see $4 gas at the pump. But an industry group says the world has plenty of oil so there’s no need to panic.

Teachers under attack: Hundreds of thousands of school employees - teachers, as well as aides, school nurses, librarians, administrators and bus drivers - could lose their jobs in coming months. And a growing number of governors and lawmakers are taking aim at teachers' rights to collectively bargain. Meanwhile, Detroit is closing half its schools.

Motorla Atrix: Smart but needs work: If you’re holding out for the next cool phone, you might need to wait just a tad longer. Motorola's super-powered Android phone may be able to act as a netbook, but there are still bugs to work out.

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soundoff (26 Responses)
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