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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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    • Ebola can 'ruin W Africa economies' September 17, 2014
      The Ebola outbreak could have a catastrophic economic impact on three West African countries, the World Bank says.
    • VIDEO: The 'what currency?' issue explained September 17, 2014
      The BBC's economics editor Robert Peston discusses what currency Scotland would use - should it vote "Yes" for independence.
    • eBay attack puts its buyers at risk September 17, 2014
      A sophisticated attack on eBay compromises at least two listings so that users who click on them are redirected to a fake page that attempts to steal their credentials.
    • Eurozone inflation revised to 0.4% September 17, 2014
      The eurozone inflation rate held steady at 0.4% in August, slightly higher than the original estimate of 0.3%, revised Eurostat figures show.
    • Sony predicts increased losses September 17, 2014
      Japanese consumer electronics giant Sony says its annual loss may be more than four times bigger than initially forecast, due to its struggling mobile business.
    • VIDEO: Winds of change for north-east England? September 17, 2014
      Questions are being raised about the likely impact of the Scottish referendum result on businesses in north-east England, whatever the outcome. Newsnight's Duncan Weldon reports.
    • US consumer prices fall in August September 17, 2014
      US consumer prices fell in August for the first time since April 2013, Labor Department figures show.
    • Dixons to save 800 Phones 4U jobs September 17, 2014
      Dixons Carphone is set to save 800 Phones 4U jobs, while mobile phone network operators Vodafone and EE are in discussions to buy parts of the stricken retailer.
    • UK jobless rate falls to 2008 low September 17, 2014
      The UK rate fell to 6.2% in the three months to the end of July, while the number claiming Jobseeker's Allowance has dipped below one million.
    • London Market Report September 17, 2014
      The FTSE 100 rises in early trade, but shares in Smiths Group fall more than 5% after the engineering group reports a fall in profits.

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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