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July inflation Likely Up Due to Poor Rains

Inflation probably crept up in July as poor monsoon rains drove food prices higher, a Reuters polls showed on Wednesday, giving the RBI less room to cut interest rates to revive a flagging economy.

Asian Shares Steady In Ranges Awaiting US, Euro Zone Data

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Asian shares steadied Tuesday with investors staying sidelined ahead of more figures from Europe and the United States later in the day, after recent data showed the euro zone's debt woes were eroding business activity globally.
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Kim Kardashian was bombed with flour by a strange woman

Kim Kardashian Wants To Finalize Divorce So She Can Marry Kanye West: REPORT

Kim Kardashian reportedly wants her divorce from Kris Humphries finalized as soon as possible so she can marry Kanye West, Radar Online reported. Kardashian has been known to fall in and out of love quite quickly when she married NBA star Kris Humpries after mere months of dating, and then publicly divorcing him a famous 72 days later.
fno

Fashion’s Night Out 2012 Events Listings Announced Ahead Of Mercedes-Benz Fashion Week, Full Schedule

Fashion's finest, including designers, editors, models and celebrities like Kim Kardashian and Nicole Ritchie, will rub elbows -- and shopping bags -- during Fashion's Night Out for a night of shopping in over 500 U.S. cities with over 4,500 events nationwide. The definitive guide and full schedule was released on the official FNO 2012 website Monday, listing the participating stores around the globe ahead of Mercedes-Benz Fashion Week in New York.
Elderly Voters

Paul Ryan's Medicare Plan Puts Elderly US Voters In Spotlight

By selecting U.S. Rep. Paul Ryan, R-Wis., to be his running mate, 2012 presumptive Republican Party presidential nominee Mitt Romney has also elevated Ryan's plan to reform Medicare, putting in play elderly voters who are skeptical of attempts to reform the cherished senior citizen health care program.
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G20 Weighs Emergency Meeting To Address Food Prices

Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to tackle soaring grain prices caused by the worst U.S. drought in half a century and poor crops from the Black Sea bread basket.
The Chicago PMI continues to signal economic recovery for the region, although some business have become worried about rising energy costs

US Gas Prices Won't Drop Until October - Analyst

Gasoline production issues and tensions between Iran and Israel have sent U.S. gasoline prices above $4 per gallon in some cities, and prices likely won't fall until October, according to gasoline analysts.
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Ryan To Release 2 Years Of US Income Tax Returns

Republican Party 2012 vice presidential nominee-designate U.S. Rep. Paul Ryan, R-Wis., said he will release two years of his U.S./state income tax returns, according to an interview on CBS's "60 Minutes," Reuters reported.
Traders work on the floor of the New York Stock Exchange

Weak Japan Data Weighs Down US Stock Futures

U.S. stock index futures point to a lower open Monday as investor confidence was dragged down by concerns about the weakening of the global economy following the fragile gross domestic product growth in Japan in the second quarter.
A picture illustration shows Japanese 10,000 yen notes featuring a portrait of Yukichi Fukuzawa, the founding father of modern Japan, taken in Tokyo

Japan’s Quarterly Economic Growth Slows Down To 0.3%

Japan's economic growth slowed down in the April-June quarter compared to the first three months of the year, indicating that the country is losing growth momentum affected by soft global demand and weak consumer spending.

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