Despite the 25 percent nationwide decline since the 2007 peak, U.S. house prices have still only fallen halfway to fair value. So whatever you think of Obama's plan, don't count on a quick housing-market turnaround.
The U.S. government stands firmly behind the banking system during this period of financial strain to ensure it will be able to perform its key function of providing credit to households and businesses. ...
The settlement was backed by the Swiss government, but experts said it opened cracks in Switzerland's treasured bank secrecy laws, and UBS is still facing a civil case in which U.S. authorities are seeking access to the names of another 52,000 cl
The Arizona Game and Fish Department caught and collared a wild jaguar in Arizona for the first time. While a handful of the big cats have been photographed by automatic cameras in recent years, the satellite tracking collar will now help biologists
A hoard of jewels and coins, probably hidden by Jews fearing reprisals when the Black Death plague sweeping Europe was blamed on them, has gone on display in Britain for the first time.
Military Analysts are reporting that Russian Coast Guard and Naval forces were ‘forced’ to sink the Chinese registered cargo ship New Star bound for US Port of Seattle after it refused orders to stop
I'm not entirely sure, but more than a few people have commented about having difficulties watching the video I recently posted to Youtube of Obama's visit to Phoenix. Confronted my self with a black Youtube screen saying "this video is
Citigroup officials approached the regulators with a plan that would allow them to convert a substantial amount of the $45 billion of preferred shares held by the government into common stock giving the government a much bigger ownership stake
Supporters of D.C. voting rights believe that they are on the verge of their biggest victory in at least 30 years as the Senate prepares to take up a bill this week creating a full House seat for the District.
Some governors have recently behaved badly in appointing people to fill U.S. Senate vacancies. Feingold's solution, of which John McCain is a co-sponsor, is to amend the 17th Amendment. It would be better to repeal it.
FORT BLISS, Texas — As soldiers stream home from Iraq and Afghanistan, the biggest charity inside the U.S. military has been stockpiling tens of millions of dollars meant to help put returning fighters back on their feet, an Associated Press investig
A senior Democratic lawmaker will push legislation this year to repeal a U.S. ban on Internet gambling that has hurt trade ties with the European Union, a congressional aide said.
The right-wing Swiss People's Party (SVP) called for retaliation against the United States over a U.S. tax probe into the country's biggest bank UBS that threatens prized banking secrecy. The populist SVP, the country's biggest party
Financial regulators will soon launch a series of "stress tests" to determine which of the largest U.S. banks should get bigger capital cushions in case of a deeper recession, a person familiar with Obama administration plans said.
A US appeals court ruled a California law restricting the sales and rental of violent video games to minors and imposing labeling requirements is too restrictive and violates free speech guarantees. The 9th US Circuit Court of Appeals found that the
Penelope Cruz won the supporting-actress Academy Award on Sunday for the Spanish romance "Vicky Cristina Barcelona," while the blockbuster robot romance "WALL-E" made off with the prize for feature-length animation.
The old numbers were made up, but the new ones he bought happened to belong to real people. Federal prosecutors said that was enough to label Flores-Figueroa an identity thief.
President Barack Obama plans to announce Monday a former Secret Service agent who helped expose lobbyists' corruption at the Interior Department as his pick to oversee the $787 billion economic stimulus plan.
Citi's market cap is around $10 billion, so it seems the government is getting a poor deal if the $45 billion in preferred is converted into only 40% of Citi's common stock.
“Overseas investors are looking for the full-faith-and- credit clarification,” Goodman said. Such a pledge would essentially about double the U.S.’s debt, potentially boosting the country’s own borrowing costs.
PBSO deputies plan to set up driving under the influence checkpoints. If they suspect a driver is under the influence, they’ll offer an on-the-spot Breathalyzer. If drivers refuse, deputies will ask to draw blood from their arms.
Things will be back to normal in no time, and we can JUST GO SHOPPING. Read the following from Reuters, and ask yourself, just who is Obama trying to kid?
Going to Mexico for spring break is practically a rite of passage... but the state's three public universities want to warn young revelers about stepped-up violence south of the border.
"Earlier, up to 2,000 people lined Guadalupe Road outside Dobson High School.", "A few hundred protestors also lined each side of Guadalupe", and "Cars honked as they drove by." Were they even there?
Two U.S. teams have developed new materials that may pave the way for ever smaller, faster and more powerful electronics. A film material capable of storing data from 250 DVDs onto a surface the size of a coin.