American Airlines operated jets later found to have substandard repairs, and federal regulators are probing allegations that at least one plane was considered unsafe to fly at normal cruise altitude. The FAA is expanding its probe into suspected stru
He wasn't expecting the phone call one August day when a voice said the police were outside and he needed to open up or they would bust down the door. His first thought, that it was a joke, turned to terror when he opened the door.
Heavily armed o
At least 1,000 Tea Party protesters showed up in front of CNN headquarters in Atlanta on Saturday. Most of the protesters carried home-made signs lambasting CNN and other lamestream media outlets for their abject failure to tell the American people
A bankruptcy filing by the Catholic Diocese of Wilmington was the best way to ensure reconciliation and compensation for all victims of clergy sexual abuse in the diocese, the bishop said. The diocese filed for Chapter 11 bankruptcy protection
An Arizona sheriff known for cracking down on undocumented migrants is conducting an immigration and crime sweep around Phoenix, less than a day after federal authorities curbed his powers to make immigration arrests.
With the News fixated on the Obamacare Health Plan being formulated behind closed doors, they are not watching as the oil market continues to climb toward the $100 a barrel price.
Billionaire hedge fund founder Raj Rajaratnam and executives from some of the most prestigious U.S. companies were charged with the largest hedge fund insider-trading scheme ever. Investigators said they used court-approved telephone wire taps for th
Not only are there no bids in some markets, the accumulation of property taxes means that some properties have negative valuations, like a derivative trade that’s gone bad.
The financial crisis has spotlighted the importance of dealing with global imbalances in trade and capital flows, Federal Reserve Chairman Ben Bernanke said. "The crisis has ... highlighted the need for many policy reforms that range from improving f
The Afghan electoral crisis intensified as officials responsible for declaring final results from the August presidential ballot refused to accept findings of a UN investigative panel that would force a runoff, those involved in the process said.
You probably heard that Nicu Harajchi - CEO of N1 Asset Management - told CNBC on Friday that we're heading into a full-blown depression.
You may have heard that Paul Krugman said a couple of days ago that the collapse in global trade is worse tha
As Thailand's ailing 81-year-old King Bhumibol Adulyadej begins the second month of a hospital stay Monday, his countrymen are wondering just how sick he really is.
Concern for his well-being reflects the reverence and affection the Thai public ho
The chief of Iran's Revolutionary Guard accused the United States, Britain and Pakistan of having links with the Sunni militants responsible for a suicide bombing that killed five senior Guard commanders and 37 others. Iran's president said
White House advisers pledged to book administration officials on Fox News despite claims by the president’s inner circle that the cable network is a GOP mouthpiece whose programming "is geared toward making money."
Last week, White House communica
Gee, who saw this one?
Anyway, the point stands. The FDIC is clearly out of money, and this is nothing more than yet another legalized accounting fraud game, where they'll get "the money" now but allow the banks to "recognize" that "charge" over
A Sick Twist
"Indeed, it has been concluded that compulsory population-control laws, even including laws requiring compulsory abortion, could be sustained under the existing Constitution if the population crisis became sufficiently severe to end
Greenlight Capital manager David Einhorn said Monday that his hedge fund firm is betting on the possibility of a major currency collapse and a surge in interest rates, citing ballooning government deficits in some of the world's most developed countr
Analysts at Keefe, Bruyette & Woods on Monday said the common shares of Fannie Mae and Freddie Mac are likely worthless even if the troubled mortgage-finance giants end up being recapitalized by the banking industry.
The U.S. dollar started the week under pressure, sinking Monday after the Fed Bank of New York released a statement clarifying some recent activity that market participants had interpreted as preparation for removing some liquidity from the financial
What can government do to crank up America's creaky job machine? We'll be arguing ferociously about that in coming months, and the answer, frankly, isn't clear. Diehard Keynesians insist that only more government spending and tax cuts will accelerate
No way will the Fed raise rates when politicians want them to be kept low,This morning on CNBC, a good discussion between Richard Bernstein and Dennis Gartman on the challenge facing the Fed. Neither think a rate hike is coming anytime soon, with Ber
We now know that conventional crude did in fact hit its peak-plateau in 2005, having remained around the 74 mbpd level ever since. The expected growth from non-OPEC mostly failed to materialize, as depletion of mature fields took its toll and the cos
So the irony is that the god of genesis is a space born human being sent along to act as project manager. It appears that there was never a spiritual God as the all knowing master of the universe. I suspect, without close reading, that further insert
At 16.4% efficiency, our foil cells represent two world records in one: It's the most efficient printed solar cell of any kind (all semiconductor and device technologies) as well as the most efficient cell on a truly low-cost metal foil (with a mater