A Depression doesn't have to be Great — bread lines, rampant unemployment, a wipeout in the stock market. The economy can sink into a milder depression, the kind spelled with a lowercase "d." And it may be happening now.
Another Obama administration nominee has tax troubles. This time, it's Ron Kirk, the president's choice to be U.S. trade representative. Kirk owes an estimated $10,000 in back taxes from earlier in the decade and has agreed to pay them
Paleontologists recently discovered the oldest known brain nestled within a 300-million-year-old fish fossil from Kansas. The rare find provides an unusually detailed view of brain structure in prehistoric life. It similarly sheds light on the extinc
President Raul Castro abruptly ousted some of Cuba's most powerful officials, remaking the government in the biggest shakeup since he took over from his ailing brother Fidel Castro a year ago. The changes replaced some key Fidel loyalists, includ
"If you don't face reality and you sit there and twiddle along and believe Mr Bernanke that everything is OK, you are going to get hit by a two-by-four and it's going to hurt very, very, very badly, so I would urge you to be prepared<
This is a trailer for the upcoming effort to restore the constitution of The United States of America. We have a big campaign planned, and this trailer is only the beginning.
NEW YORK (AP) - A massive late winter snowstorm pummeled the Northeast on Monday, grounding hundreds of flights, causing spinouts on highways, delaying trains and buses and closing school for over a million children from South Carolina to Maine.
The technology is inevitable: computers will be able to think in the future. That’s not what I’m worried about. I’m worried that we humans won’t be able to handle it.
"I had to remove $20,000 worth of vehicles from my sales floor because some of the metal alloy components, like valve stems and brake pads, contain lead and aren't safe for licking. You know how those kids love to lick a valve stem."
Well it's not just a bailout of the shareholders of AIG, but a bailout of the counterparties to AIG, their creditors like GS, ML and every bank and broker here and in Europe, and without all this $160 billion dollars --- all these institutions wo
The Dow decreased 299.64 points, or 4.2 percent, to 6,763.29. The Standard & Poor’s 500 Index dropped 4.7 percent to 700.82, the lowest close since October 1996. Europe’s Dow Jones Stoxx 600 Index tumbled 5 percent
NEW YORK (AP) -- A relentless sell-off in the stock market Monday blew through barriers that would have been unthinkable just weeks ago, and investors warned there was no reason to believe buyers will return anytime soon.
"I was one of most bearish people [but] the economy has surprised the bears on the downside," says Roubini of NYU's Stern School and RGE Monitor. "What's happening in the world now is scary."
[Details] would be trumpeted at every opportunity, proving to a skeptical public he really had the answers, since concealing rather than revealing pays only when better informed citizens would be more inclined to reject a plan.
The tests have established that Haley – whose work is credited with helping transform the self-image of millions of black Americans – is directly descended from a Scottish paternal bloodline.
The CIA destroyed nearly 100 videotapes of terror suspect interrogations, far more than previously acknowledged, the Obama administration said Monday as it began disclosing details of post-Sept. 11 Bush-era actions.
Help us to name another important addition to the station - Node 3 and its cupola!
Vote using the poll on the right. Voting will be open until March 20th, 2009. NASA will announce the winning name in April 2009. [hint: see photo :-) ]
Welcome to the future, where everything about you is saved. A future where your actions are recorded, your movements are tracked, and your conversations are no longer ephemeral.
A police officer with the authority to take human life can now do so in the shadows, while his higher-ups can claim that this is necessary to mitigate against a nonexistent wave of threats.
[change] Stocks fell worldwide, sending Dow Jones below 7,000 for the first time since 1997, and Treasuries rose after Warren Buffett said the economy is in “shambles” and American International Group reported a $61.7 billion loss. Berkshire Hathaway
President Obama has presented the most irresponsible budget in US history. His fiscal year 2010 budget projects federal spending of $3.5 trillion and a federal deficit of $1.75 trillion. In other words, 50 percent of the government’s budget consists
General Motors Corp., surviving with U.S. federal loans, needs government help worldwide to get through the worst automotive market since the end of World War II, Vice Chairman Robert Lutz said.
We either act now or suffer the consequences - the utter destruction of our middle class, a collapsed stock market with the DOW headed to 3,000 or worse and the S&P 500 headed into the 400 or lower range, unemployment topping 20% and GDP falling by 3
On CNN, Admiral Michael Mullen declared that Iran had enough nuclear fuel to make a bomb, adding that “Iran having nuclear weapons, I’ve believed for a long time, is a very very bad outcome - for the region and for the world.”