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    • 10 defining moments of the Sochi Olympics
      It promises to be another memorable occasion — but will it beat Winters Games gone past? The 17-day sporting extravaganza is being dubbed as the most expensive Olympics ever, with the Russians having spent $50 billion on turning the faded Black Sea resort into a rejuvenated host venue. Thousands of athletes from over 80 different […]
    • New Jersey Gov. Chris Christie
      With former Port Authority official David Wildstein’s new claim that  “evidence exists” showing Christie knew about the politically motivated lane closings on the George Washington Bridge back in September, several Jersey State politicians are already floating the dreaded “I” word: impeachment. It wasn’t so long ago that New Jersey Gov. Chris Christie was a
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    • China's property prices decline October 24, 2014
      China's property prices fall 1.3% in September, marking the first year-on-year fall in the sector.
    • UK told to pay £1.7bn extra to EU October 24, 2014
      The UK has been told it must pay an extra £1.7bn (2.1bn euros) towards the European Union's budget because the economy has performed better than expected in recent years.
    • Qantas back on track to profit October 24, 2014
      Australia's troubled national carrier Qantas says it is on course to deliver its first pre-tax profits this year in the three months to September.
    • Asian shares up on US earnings October 24, 2014
      Asian shares move up on Friday, taking their lead from the US where markets closed higher after strong company results boosted investor sentiment.
    • Job centres to get digital makeover October 23, 2014
      Computer workstations, electronic signature pads and free wi-fi are rolling out across UK job centres.
    • Silicon Valley's billion dollar failures October 23, 2014
      Silicon valley's billion dollar start-up failures
    • Microsoft profits fall on Nokia deal October 23, 2014
      Microsoft reports a fall in profits as a result of the cost of job cuts and its purchase of Nokia's smartphone business earlier this year but rising revenue cheers investors.
    • Amazon reports increased losses October 23, 2014
      Amazon shares plunge over 10% after the company reports a third-quarter loss of $437m (£273m), bigger than many analysts expected.
    • New North Sea oil field discovered October 23, 2014
      Oil firms BP and GDF Suez announce they have discovered a new field in the UK Central North Sea.
    • China's billionaires' club October 23, 2014
      A peek inside the richest club in China

Archive for the "Economy" Category

What is happening to us

When an option is to die and take our family with us there is something desperately wrong with our society. I can not imagine making the choice to commit suicide and take my children along with me, is that what people today are feeling is an option? My God, something needs to change here. OHIO […]

The House has it!

The House on Wednesday evening passed an $819 billion economic stimulus package Wednesday on a party-line vote, despite President Obama’s efforts to achieve bipartisan support for the bill. The final vote was 244 to 188. No Republicans voted for the bill, while just 12 Democrats voted against it. The Senate is likely to take up […]

Stimulate me Please!

I Want to Have Citibanks Spare Chump Change

The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corporate jet from France. The bank used TARP funds to purchase a new corporate jet for executives. The decision came 24 hours after the banking giant, which was rescued by a $45 […]

Pelosi disagrees with Obama

Oh Im shocked. The first thing that Obama should do is to get rid of her, but that wont happen Im afraid. Obama seems to put the old attage to work of “keeping your enemies close”. We will see how all this pans out, it will be interesting to say the least. (CNN) — Two […]

Tell me your story

The world we live in has changed so much, its not at all what we are used to seeing. There has been major familiar businesses and small local businesses closing down. One recent is Circuit City.  In and around my old neighborhood little shops that once were full of patrons are now empty with signs stated […]

Foreclosures up by 81% in U.S.

Home is going to have to be where the heart is as there wont be any other place to live. Foreclosures rose 81% in 2008, ensnaring 2.3 million U.S. households during the year, according to RealtyTrac Inc. data released today. Advertisement The Irvine, Calif.-based foreclosure Web site said December filings rose 17% from November and […]

Professor Peter Morici, a former chief economist

Professor Peter Morici is a recognized expert on economic policy and international economics. Prior to joining the university, he served as director of the Office of Economics at the U.S. International Trade Commission. He is the author of 18 books and monographs and has published widely in leading public policy and business journals including the […]

The New Job Market

[youtube]http://www.youtube.com/watch?v=3XGJq8wrw5I[/youtube]

StimulUS

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