House Minority Leader Nancy Pelosi, D-Calif., rounded out the super committee by announcing her three House Democratic members for the special bipartisan board. Now the tough work begins: reducing the deficit by at least another $1.5 trillion over 10 years, and as far as the financial markets are concerned, the sooner the reduction is announced, the better.
Never Dead is expected to arrive in the last quarter of 2011.
Organic agriculture, long seen as the best foot forward for supporting good health has now found new proof in a recent study that expects to reduce existence of drug-resistant bacteria on U.S. farms that "go organic".
After a week of gyrations that's seen the Dow Jones Industrial Average rise or fall 400 points for four straight days, it's understandable if U.S. investors are bewildered. Given the tumult, what stance should investors adopt now?
Eight Republican presidential hopefuls duked it out on Thursday night in a Fox News and Washington Examiner sponsored debate in Ames, Iowa.The debate ranged from the recent Standard & Poor's downgrade of long-term U.S. to illegal immigration. Here are the night's winners and losers:
The Republican Party argues it's the party of job creation, but the statistics indicate otherwise, at least concerning U.S. presidential administrations. Democratic presidents have a higher annual job creation average, 1.647 million per year, than Republican presidents, 966,388 per year.
U.S. home mortgage interest rates fell again this week, and the average 30-year fixed rate is now at a low 4.19 percent -- which creates an opportunity for prospective home buyers with good credit histories.
With the appointment of nine of 12 members, the "super committee" charged with reducing the budget deficit by at least another $1.5 trillion is taking shape. The body could help stabilize the financial markets by announcing a ?quick-start? agreement on additional debt reduction.
There's some debate over whether Anonymous will actually be able to take down social networking giant Facebook on November 5th, as it claims, but let's say that it does.
HP is making the right move by permanently cutting the price of its Touchpad tablet according to one analyst.
The Dow registered another volatile day Wednesday, plunging 520 points to 10,720 on chatter of additional banking sector concerns in Europe. Further, until investors can sort out which debt concerns are real, and which are not, look for choppy trading conditions to continue.
August's dramatic financial shock, which is now both feeding off and risks fueling another economic downturn, may well introduce a third phase of the four-year-old global credit crisis -- the infection of the ultimate creditors.
Crude oil historically trades at about 8 times the price of natural gas. Currently, it's trading at about 20 times natural gas. Is oil overpriced, natural gas underpriced, or is it a combination?
The U.S. Government posted a less-than-expected July budget deficit of $129.4 billion, but given reeling U.S. and global stock markets, the pressure will be on Congress's new "super committee" to achieve greater than the $1.5 trillion in deficit reduction target called for in the second half of the U.S. debt deal.
The International Energy Agency says threats to the U.S. and global economies may cut oil demand growth next year by more than 60 percent; however, the group still sees global oil demand little changed this year and in 2012.
With markets reeling, and the economic expansion far from self-sustaining, the pressure will be on Congress? new 'super committee' to cut the budget deficit substantially -- by more than the $1.5 trillion called for ? to calm investors.
Research in Motion has had a rough year and it hasn't gotten any easier with its phones' involvement in the London riots.
To say it's been an unsettling time for U.S. stock investors would be an understatement. The Dow has been on a wild ride, with plunges followed by sudden reversals. Look for market choppiness to continue until investors determine whether the Fed's latest monetary policy decision -- low interest rates for two years -- will be enough to rev-up U.S. GDP growth.
U.S. Sen. John McCain, R-Ari., isn't backing down from remarks he made earlier about the Tea Party during the U.S. debt deal debate.
In response to a slowing economy, the U.S. Federal Reserve, despite some internal dissent, announced Tuesday that it plans to keep monetary policy stimulus in place, noting that it will keep short-term interests rates exceptionally low through at least mid-2013. The Fed will also continue to reinvest bond proceeds maturing in its portfolio.
Despite the S&P downgrade of the United States, Russia announced that it has no plans to make an immediate change to its U.S. dollar-denominated gold or foreign exchange reserves, a senior Russian bank official has confirmed.
With U.S. and global stock markets reeling, investors have sought a traditional safe-haven, but it?s one that may surprise some: U.S. Government bonds. How is it possible that investors would want the debt of the nation they believe has a national debt that's too high?
The U.S. Federal Reserve will announce its monetary policy Tuesday following an unprecedented downgrade of the U.S.Government's credit rating by Standard & Poor's and the markets will likely look to Fed Chairman Ben Bernanke to provide appropriate comments on the state of the nation's banking system and its fiscal condition.
In a White House address Monday, President Barack Obama said Standard & Poor's credit downgrade of the United States represented a statement on the nation's political will. Underscoring that "the U.S. is still an AAA country," Obama again called on congressional officials to make the tough decisions necessary to balance the budget long-term.
The market's stance heading into the new week is one of caution, following S&P's stunning and controversial downgrade of the U.S. Government's credit rating. Essentially, Wall Street has to figure out if S&P was ahead of the curve, or was remarkably off-base in its analysis, and it's too soon to tell which view will prevail.
Recent industry buzz on Pfizer's alleged strategy to sell its cholesterol reducer-blockbuster drug, Lipitor as an over-the-counter pill, reinforces debate on the safe compliance of prescription drugs when sold as OTC's.
S&P?s stunning and controversial downgrade Friday in part reflected the firm?s assumptions about the U.S. political system?s ability to solve its problems. Others hold a more optimistic view, as Winston Churchill did. Churchill said, ?In the end, you can count on America to do the right thing - after she?s exhausted all other possibilities.?
Hewlett Packard reduced the price of its TouchPad tablet computer again, highlighting the uphill battle manufacturers will need to overcome as they go head-to-head against the dominant Apple iPad line of tablets.
While S&P?s downgrade of the U.S. Government?s credit rating is controversial, most agree that the U.S. fiscal condition is serious. And while both Democrats and Republicans increased the budget deficit, three major policy errors by President George W. Bush last decade substantially worsened the U.S.?s fiscal condition, and the nation has been trying to recover ever since.
America is broken. Here are five ways to fix the nation's health.