The United States men’s basketball team opened the Olympic tournament with a 98-71 win today at the Basketball Arena in London’s Olympic Park. Kevin Durant lead the squad with 22 points and 9 rebounds, and Kevin Love added 14 points.
Sandy Weill was impressive as a scrambler, a dealmaker, a man who could catch a wave. He's come out of retirement now, a decade after creating the Citigroup oligopolist, to catch a new wave, declaring on CNBC that investment banking and commercial ba
Computer and smartphone maker Apple has been discussing with social media company Twitter the possibility of making a significant investment in it, The New York Times reported.
Weak consumer spending stunted US growth in the last quarter, data showed Friday, leaving the race for the White House wide open and putting discussion about more economic stimulus firmly on the Fed’s agenda.
US growth slowed to 1.5 percent in the second quarter as consumer spending slowed, the Commerce Department said Friday. The figure was slightly above the level expected by economists, but not high enough to blunt concern that the recovery remains
Revenue per user is increasing only slightly, serving as a reminder of the company's problem on mobile devices.
The United States is bracing for growth figures that will set the tone for the last 100 days of the race to the White House and help decide if the Fed pulls the trigger on more economic stimulus.
Fed Leaning Closer to New Stimulus if No Growth Is Seen
Parents Are Yanking Their Kids Out of Government Schools - Let the Gold Mania Begin! - Top 10 Reasons To Avoid Your Doctor - De-Bloomberg the City of New York
idden money from elites living in developing countries is "enough to make a significant difference to the finances of many countries... that are now struggling to replace lost aid dollars and pay for climate change. Indeed, once we take these hidden
Scorching heat and the worst drought in nearly a half-century are threatening to send food prices up, spooking consumers and leading to worries about global food costs.
The US government acknowledged for the first time on Wednesday that the drought now covering two-thirds of the country will lead to significantly higher food prices.
This morning Sandy Weill casually forsook all that which he once held dear by calling for the break up of big banks. Weill said the monsters he created should be split up and "do something that doesn't risk taxpayer dollars."
Financial Stability Oversight Council Report - Jul 25, 2012 - Representative Ron Paul questions Treasury Secretary Timothy Geithner about the similarity betwern the recent LIBOR fraud and the Federal Reserve Bank manipulating interest rates. Rep. Pau
Obviously, [Bernanke] was lying or mistaken in the immediately preceding statement about "little effect on" money supply, since M1 was already up to 1,767.2 or by 25% in 2 years when he wrote as a result of his first bailout
Conservatives have had a field day over Obama's comments in Roanoke, Virginia, where the president said: If you were successful, somebody along the line gave you some help. Somebody helped to create this American system
The difference between run-of-the-mill moral hazards and The Great Moral Hazard is that the latter is so widespread that it has bankrupted the country fiscally and morally.
Harry Dent, the financial newsletter writer and CEO of economic forecasting firm HS Dent, has one of the most bearish calls on stocks we've heard in a while.
In order to offset their financial struggles, Barb and Tink have found a way to survive and minimize all of their expenses by growing their own food, bartering with neighbors and extreme budgeting with their small income.
Nobel prize winning economist Paul Krugman has argued that the government should ramp up deficit spending in order to avoid a full-on depression.
David Bianco, the bullish equity strategist over at Deutsche Bank, continues to be cautious in the near-term.
Farm Wars extends food independence and survival message to mainstream on the Our America with Lisa Ling show in an episode titled Lost American Dream on OWN.
Good morning. Here's what you need to know.
The ranks of America’s poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net. Census figures for 2011 will be released this fa
- Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday.
Do you want to see where this country is headed? If so, don't focus on the few areas that are still very prosperous.
Good morning. Here's what you need to know.
While lawmakers continue to fight over how to fix the ailing U.S. Postal Service, the agency's money problems are only growing worse.
The Christian Science Monitor seldom if ever deviates from the larger promotional trajectory of the power elite that creates certain dominant social themes – fear-based promotions that shove Western middle classes toward globalist solutions.
Much of the problem is the super generous retirement plans available to many state, federal and local government workers. As always, a bit of common sense would help cushion the impact of this largess.