COMMODITIES

Mike Lazaridis, president and co-chief executive officer of Research in Motion, speaks at the RIM Blackberry developers conference in San Francisco

RIM Layoffs Not Long-Term Solution

Blackberry maker Research in Motion's plan to lay off 10 percent of the company's workforce shines fresh light on desperation within the company to keep up with fierce smartphone competition eroding market share.

Reid Offers $2.7 Trillion Spending Cut Plan

Call it 'dueling debt plans': Sen. Harry Reid, D-Nev. announced Monday a $2.7 trillion spending reduction plan, while House Speaker John Boehner, R-Ohio, announced a 2-stage spending cut plan, $1 trillion now, and $1.2 trillion next year. If the two sides can get down to negotiating, Monday will be a day of progress in the debt deal saga.

Assuming a U.S. Default, Where Should You Put Your Money?

Larger Retirement Funds
For most Americans, talk of a U.S. Government default is a little complex. What the American people really want to know is, assuming the U.S.Government defaults, where should one consider putting a portion of their money? Glad you asked.
Dr. Stephen Friedman (R) vaccinates his colleague Dr. Don Weiss

Chicken Pox Eradicated, is There Such Hope for HIV/AIDS?

According to a recent study, between 2002 and 2007, the annual average number of chickenpox deaths was the lowest ever reported, with 14 deaths recorded in 2007 and just 13 the year prior, due to a particular vaccine. Chickenpox led to about 105 deaths a year during the pre-vaccine years of 1990 to 1994, researchers say.
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U.S. Debt Deal Negotiations Resume

Obama, Boehner Back at Debt Deal Table

House Speaker John Boehner, R-Ohio, took pains to underscore that not only have the debt deal talks resumed, he says all parties are working toward an agreement. Time certainly is of the essence: the U.S. has less than 10 days to raise the debt ceiling and avoid a default.
Mortgage Rates Hit All-time Low

Five Tips for U.S. Home Sellers

There's no way to sugarcoat it: the U.S. housing market remains a buyer's market. That said, are there ways home sellers can better-position their home for a sale amid such intense competition? Indeed there are, and here are five.
At Issue: U.S. Economy

Does GE Provide a Snapshot of the U.S. Economy?

Is there a way to get a quick-read on the U.S. economy, for those who are time-pressed, and don't have time to review the latest economic reports from the U.S. Federal Reserve? Indeed there is: review the performance of diversified industrial giant General Electric (GE).
U.S. House Speaker John Boehner, R-Ohio

Debt Deal 'Not Close' Boehner says

House Speaker John Boehner, R-Ohio, said Friday there is no agreement in private on a debt deal and that negotiators are not close to an agreement. That left official Washington wondering, on a sweltering 100-degree day, if the talks have reached another impasse, of if Boehner is merely deploying that old beltway tactic of 'rhetoric for dollars'?
Former Massachusetts Gov. Mitt Romney

GOP Race: Romney Leads 'Not Running' Palin in Poll

Former Massachusetts Gov. Mitt Romney still leads the 2012 Republican nominee race, in the latest poll on the race, but the person who polled second is a bit of a surprise: Former Alaska Gov. Sarah Palin.
Apple Logo

Apple, Hulu Would be Perfect Match

Apple is reportedly considering a bid for television streaming service Hulu -- a move that would make a lot of sense for both companies.
U.S. President Barack Obama (right) with House Speaker John Boehner

Obama, Boehner, Hill Leaders Nearing Debt Deal

President Barack Obama, D-Ill. and Speaker John Boehner, R-Ohio moved closer toward a landmark debt deal late Thursday -- one that would avoid a U.S. default and implement major tax code changes, if approved. However, aides to both were lowering expectations, given the importance of the talks, so as to not jeopardize delicate negotiations within each caucus.
U.S. House Speaker John Boehner, R-Ohio

Can Speaker Boehner Keep House in Order on Debt Plan?

House Speaker John Boehner, R-Ohio, has his hands full regarding the 'Gang of Six' debt plan. Most Tea Party members of his caucus are likely to oppose it, but if Boehner can recruit enough moderate Democrats to offset Tea Party opposers, the plan should pass the U.S. House -- its likely final hurdler before the bill heads to President Obama.
All Eyes on Tea Party

'Gang of Six' Debt Plan Could Hinge on Tea Party Support

The Gang of Six' debt plan, and President Obama's approval of its outline, has created momentum in Washington for a landmark deficit reduction package that would also avert a U.S. Government default, but two words could sap that momentum in a hurry: Tea Party.
U.S. President Barack Obama, D-Ill.

Obama Hails 'Gang of Six' Debt Plan

President Obama Tuesday indicated his support for a new deficit-reduction plan that is gaining momentum in the U.S. Senate, calling it a very significant step and one that is broadly consistent with the significant reduction he seeks in the nation's budget deficit. If approved by Congress, the deal would avert a U.S. Government default.
U.S. National Debt Clock

‘Last-Chance’ Debt Deal May Be Only Deal

It's been said that Congress never fails to underachieve and exasperate, and that's been the case with the debt talks, so far. The House GOP is currently wasting time with a balanced-budget bill that has almost no chance of becoming law, and the best Senate Democrats can offer is a minimal deficit reduction package.
The U.S. Capitol

Summers: U.S. Default Would Be Worse Than Lehman's

A U.S. Government default must be avoided by Washington lawmakers at all costs, former U.S. Treasury Secretary Lawrence Summers underscored, as it would trigger a financial panic worse than that precipitated by the collapse of Lehman Brothers in late 2008.
Mount Lokon

Earth's Internal Heat - A Ground-Mover

About 50 percent of the Earth's internal heat stems from a radioactive decay process, a new study has found, and it's strong enough to literally move the ground under your feet.
U.S. Army

U.S. Army Testing Smartphones in Exercises

As the saying goes, ‘you’re in the Army now,’ so you’ll be issued boots, guns, ammunition…and one day perhaps an iPhone. The U.S. Army is testing the feasibility of using smartphones in field operations.
Five-tael (6.65 ounces or 190 grams) gold bars are seen at a jewellery store in Hong Kong in this April 21, 2011 illustration photo.

Gold Hits Fresh Record; Debt Ceiling Stalemate, EU Crisis to Give Tailwinds

Spot gold prices touched a new record high of $1598.41 on Monday, extending the longest rally in about 40 years. The latest wind in the tail came from worsening worries of a European sovereign crisis and the painful stalemate in the US debt ceiling talks that has raised the specter of an unprecedented Treasury default.
U.S. Capitol

Congress Now Working on 2 Debt Deals - 1 Big, 1 Small

Sunday's Day 8 of the debt deal talks saw both sides express confidence that a grand bargain deficit reduction package would be reached, even as a parallel camp of lawmakers worked on a last-chance option containing a more-modest reduction; however, there was little new evidence Sunday that a deal was at hand.
President Barack Obama, D-Ill. with House Speaker John Boehner, R-Ohio

Debt Deal Likely to Hinge on Tea Party Compromise

Debt deal talks, Day 6: Unless the Tea Party compromises, a U.S. Government default is likely. For many voters, the Tea Party stance appears extreme, irresponsible, even irrational. But for Tea Party supporters, it’s a logical and necessary stance, when any compromise with a Democratic president is viewed as a defeat.
Miniclip is one of the most preferred online gaming sites in the world

Women: Gaming in, Sex Out

Women who play online games prefer their gaming sessions over shopping, taking bath and having sex.
Five-tael (6.65 ounces or 190 grams) gold bars are seen at a jewellery store in Hong Kong in this April 21, 2011 illustration photo.

Another Gold Boom in Sight: Chinese Inflation, Dollar Sell-off and Sovereign Debt Crisis Set Perfect Stage

The setting is perfect for another gold boom cycle to kick in, perhaps pushing the yellow metal into a super cycle. There are several factors aiding gold's further push into higher price records, greater investment worth and long-term reign as a de facto currency. There are all sorts of classic factors supporting gold all the way, like the demand from China and India bursting at seams, continued worries for the US dollar and the worrisome prospect of sovereign default in some European countri...

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