The Phoenix area just hit an unfortunate record for 2010. According to a new report from the W. P. Carey School of Business at Arizona State University, 46 percent of the total transactions in the existing-home market last month were foreclosures. That's the highest percentage recorded in any month this year. Unfortunately, the report's author predicts even more trouble from foreclosures.
Three well-known business leaders will receive a high honor from Arizona State University for their contributions to our economy and community. This month, they will be inducted into the W. P. Carey School of Business Homecoming Hall of Fame, joining an elite group of previous inductees from such diverse organizations as the American Red Cross, Motorola, PayPal, the U.S. Air Force, Wells Fargo Bank, XM Satellite Radio and the Arizona Diamondbacks.
Experts have long believed there are two main ways our brains work: 1.) cognition, which is thinking or processing information, and 2.) affect, which is feeling or emotion. However, a new breakthrough was just made in regard to a third faculty of the brain called conation. "When people make 'gut' decisions or choices based on instinct, that's really conation," explains Associate Professor Pierre Balthazard of the W. P. Carey School of Business at Arizona State University, who worked on the new research.
Both residential and commercial real estate prices in the Phoenix area are still suffering in the rough economy. New reports from the W. P. Carey School of Business at Arizona State University show Valley home prices going negative for the first time in months, while commercial real estate prices are about 30 percent lower than at the same time last year.
Everyone knows we're in an incredibly difficult job market right now. However, if you have a recent degree from the W. P. Carey School of Business at Arizona State University, you're probably doing very well.
Many Americans are choosing to go back to school part-time, in order to advance their careers to the next level. The W. P. Carey School of Business at Arizona State University is being recognized as a top choice for both academics and value for these students. On a new Top 25 list from "The Wall Street Journal," the school ranks high at No. 13 among the best executive MBA programs in the world. The program is also shown as an exceptional value during this rough economic time, the least expensive among the entire Top 25.
Dr. Sherry Cooper, executive vice president and chief economist for BMO Financial Group, will receive this year's prestigious Lawrence R. Klein Award for economic forecasting accuracy. The W. P. Carey School of Business sponsors and judges the award, named for Nobel Prize Winner Dr. Lawrence R. Klein.
At a time when many businesses are struggling and failing, Arizona boasts some great companies shining through the economic recovery, creating new jobs and contributing to our state. Today, the W. P. Carey School of Business at Arizona State University honored five of the best companies as Spirit of Enterprise Award winners. They were recognized for ethics, energy and excellence in entrepreneurship.
Two negative trends are clouding the Phoenix-area housing market right now, according to a new report from the W. P. Carey School of Business at Arizona State University. August marked the third month in a row that the median existing-home price dropped in the Valley. Also, foreclosures made up their highest percentage of existing-home activity since back in January.
As we approach the anniversary of the Sept. 11 attacks this weekend, many people may be thinking about the possibility of future terrorist strikes. If the government knew about a concrete threat, would you want it revealed to you, regardless of the consequences? A new study led by Professor V. Kerry Smith of the W. P. Carey School of Business at Arizona State University provides surprising details about how Americans view secrecy very differently, depending on the type of plot.