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British Steel green furnace switch sparks jobs warning

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Chinese-owned British Steel on Monday launched plans to replace its coal-powered blast furnaces with electric technology that emits less pollution, but unions warned it would threaten up to 2,000 jobs. The company, which is owned by Chinese group Jingye, announced in a statement that it will replace its blast furnaces with electric arc furnaces (EAFs) producing "greener" steel at its main base in Scunthorpe and in nearby Teesside, northeast England. Read More...

Can I buy a home if I owe the IRS?

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Tax debt is simply owing money to the IRS and/or a state but a tax lien means that your taxes went unpaid long enough to trigger collection actions. If you have an IRS lien on your income or assets, it will greatly diminish your chances at getting approved for a mortgage. Does owing IRS affect FHA loan? FHA allows borrowers to obtain FHA financing even if they owe Federal income taxes. Read More...

Drake Releases New Line Of "For All The Dogs Merch"

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Drake's feature-packed new album For All The Dogs has been a smash commercial hit. It had tremendous first-week sales tallying over 400k copies. The project racked up over 160k sales in its second week on the charts, good enough for number two this week. Early projections for next week see the album holding off debuts from Blink-182 and The Rolling Stones to return to the number-one spot for a second week. Read More...