United States

Economists say shopping surge will continue

Economists say shopping surge will continue

Shoppers’ holiday-season splurge was likely a preview of what’s to come in 2011, and economists say it should embolden companies to expand and hire. Americans spent more in the 50 days before Christmas than analysts had expected — the sharpest annual increase since 2006. It’s the surest sign yet they’re becoming less frugal as the […]

Another 1,400 troops headed for Afghanistan

Another 1,400 troops headed for Afghanistan

The United States plans to send 1,400 additional Marines to Afghanistan to boost its combat forces ahead of the spring fighting season, the Wall Street Journal reported on Thursday. The United States, which led a 2001 invasion of Afghanistan that toppled the Taliban, has about 100,000 troops in the country, and President Barack Obama is […]

Republicans ready for showdown with more glitter than reality

Republicans ready for showdown with more glitter than reality

Spouting more philosoply than reality, House Republicans brag they are ready for a fight with President Barack Obama over health care and other issues but hill watchers admit the GOP posturing is more grandstanding than anything else. “It’s new energy,” incoming House Speaker John Boehner told reporters on the eve of his swearing-in. The oath-taking […]

Pelosi has no regrets but some Democrats may disagree

Pelosi has no regrets but some Democrats may disagree

Democrat Nancy Pelosi said she had no regrets on her last day as House speaker Tuesday, a reign that lasted four years and is ending after the November elections. Many of her Democrats who are still licking their wounds from the midterm massacre might disagree. Pelosi said Tuesday she looks forward to leading a loyal […]

New Obama, new team, same old problems

New Obama, new team, same old problems

Retooling for a re-election run, President Barack Obama is shaking up his senior leadership team to deal with the new realities of his term: The era of big legislation is over, a massive campaign effort needs energy and people, and the White House is taking a toll on those who run it. Obama’s press secretary, […]

Quesion of the day: What killed all the birds?

Quesion of the day: What killed all the birds?

At some point, someone in Beebe, Arkansas, had to look around at all the carcases laying on the ground and ask: “Where he hell did all these dead birds come from?” Thousands — and we do mean thousands — red-winged blackbirds fell dead from the sky over this central Arkansas town. It took up to […]

The media has failed us

The media has failed us

Financial media is not helping us become better informed or better investors. These outlets devote too much of their airtime to forwarding partisan propaganda rather than informing or entertaining us. The numbers suggest media is actually misinforming us and turning us into bad investors. The findings of a recent study, Misinformation and the 2010 Election […]

Feds claim dollar will rise in 2011

Feds claim dollar will rise in 2011

Never mind the lackluster economy, the huge trade deficit or the government’s piles of debt: The U.S. dollar is still expected to outperform most of the world’s major currencies next year. “By all rights, the dollar should be declining in value, but it’s not,” says Eswar Prasad, economics professor at Cornell University. “For the dollar […]

Obama’s New Year’s resolution? Fix the economy, stupid

Obama’s New Year’s resolution? Fix the economy, stupid

President Barack Obama has set his New Year‘s resolution high for 2011: repair the struggling economy. In his weekly radio and Internet address on Saturday, the vacationing president said recent data showed the economic recovery was gaining traction even as millions of Americans are still out of work. “Our most important task now is to […]

Rock legend Chuck Berry stricken before Chicago show

Rock legend Chuck Berry stricken before Chicago show

Rock-and-roll legend Chuck Berry felt ill and was checked out by ambulance medics before a show Saturday night, a Chicago fire official said. An audience member at the show, however, said Berry slumped over during the show and was offstage for at least 20 minutes. Fire Department spokesman Joe Roccasalva said Berry felt better and […]

1 4 5 6 7 8 66