China Thursday called on the United States to adopt responsible policies and measures to guarantee the interests of investors -- a communique that highlights the rising concern about a possible U.S. Government default. Meanwhile, modest debt talk progress was noted on Day 5, with bipartisan agreement on at least $1.5 trillion in spending cuts over 10 years.
American voters believe former President George W. Bush is primarily responsible, not President Barack Obama, for the U.S. economy's poor condition, a poll released Thursday indicated. What's more, 48 percent of those polled said they would blame the Republicans if the debt ceiling is not raised, while 34 percent would blame the Democrats.
Lean, green, music machine Spotify has landed in the US and its best social features and free music service look set to woo away music lovers from rivals such as Pandora and Rhapsody.
Former Gov. Sarah Palin, R-Alaska, redeployed her controversial gunplay rhetoric Wednesday, saying conservatives should not compromise and agree to raise the U.S. debt ceiling. Palin also said she isn't convinced that a U.S. Government default would be a calamity.
Los Angeles' car culture is bracing for the temporary closure of Interstate 405, known locally as 'the 405.' The shutdown is needed so workers can expand the highway -- a classic example of short-term pain, for long-term gain.
Moody's Investors Service has placed the Aaa bond rating of the U.S. Government on review for a possible downgrade, due to the debt deal talks stalemate in Washington, and the possibility of a U.S. debt default, the credit rating agency announced. Fed Chairman Ben Bernanke also said a default would trigger a major crisis.
The Windows Phone 7 powered smartphones without a contract, usually, cost around $300-400 and a few cost around $200.
The search engine giant made an official announcement about the website on Wednesday in its official blog.
New York City Mayor Mike Bloomberg is quite candid regarding his evaluation of the impact of a U.S. Government default on the financial system: it would be catastrophic, and also hurt the nation's largest city.
The American Association of Retired Persons (AARP), one of the most powerful interest groups in the United States, has launched a new ad campaign to protect benefits seniors have earned through a lifetime of hard work.
Still doubt the good faith and credit of the U.S. Government? Consider this: in June, PIMCO's Bill Gross, the head of the world's largest bond fund, increased his holdings of U.S. Treasury bonds, commonly known as Treasuries.
The head of the world's most powerful central bank said Wednesday a third round of quantitative easing, QE3, may be up ahead, if the tepid U.S. economic recovery doesn't improve. However, Fed Chairman Ben Bernanke, in Congressional testimony, underscored that the Fed is also considering other options -- or a monetary tightening -- if the recovery gains strength.
U.S. Sen. Mitch McConnell, R-Ky., says he may have a way out of the debt deal crisis -- a sort of last-chance option that would permit President Barack Obama to increase the debt limit, even if Democrats and Republicans can't immediately agree regarding how to cut the budget deficit. But will Conservative Republicans support it?
Silver has lost its shine of late as fears of another global economic slowdown reduced its appeal as an industrial metal. Silver fell from the record prices it set a couple of months back to hover around $35 per ounce. However, optimists are speculating that silver will bounce back once again and cross the $100 record. There are even experts who fancy silver's price parity with gold!
Google+ has become a social networking phenomenon and may very well surpass 10 million users by today's end and 20 million by the weekend, according to Ancestry.com founder Paul Allen's new analysis.
The rhetoric is getting hot and heavy inside the beltway regarding the debt talks. On Tuesday, the Republicans essentially said the Democrats haven't offered a viable debt deal proposal and President Obama said Republican reluctance to compromise could prevent senior citizens from receiving Social Security payments on August 3.
OPINION: As President Barack Obama and Congressional Democrats have to negotiate a debt deal and prevent the totally avoidable -- a U.S. default on its debt -- Tea Party Republicans appear only to be interested in one thing: getting their way, even if it hurts the nation.
The U.S. trade gap widened sharply in May to its highest level in 31 months as surging oil prices helped push imports to a near record and exports fell slightly from April's record high.
Google+ has already reached 10 million users mark.
U.S. Secretary of State Hillary Clinton said the U.S. is looking for action, not words from Syria regarding its domestic reform process, and warned that further delays by the Assad regime will only intensify the resistance movement, which seeks a democratic government.
Apple fans may not like to hear this, but the recent patent infringement accusation of Apple against HTC gives rise to the idea that the iPhone maker is scared of Android smartphone makers and the fear is showing.
House Speaker John Boehner, R-Ohio, did not mince words Monday regarding who the American people should blame, if the U.S. Government defaults on its debt and Congress fails to raise the debt ceiling: President Obama and Congressional Democrats.
Former Fox News Talk Show Host Glenn Beck was warmly received by Israeli lawmakers during a visit to the Middle East nation.
President Barack Obama on Monday reiterated that Congressional Republicans and Democrats will resolve the debt ceiling and that the U.S. Government would not default on its debt -- but the key, he underscored, is a GOP compromise on the revenue component. Major cuts in spending are already a part of the deal.
Unconventional economic times require unconventional answers, and awhile back an economist proposed one to create jobs: have the U.S. Government distribute a $3,000 gift card to every American over age 16.
Is Microsoft going for the kill with Nokia?
Cutting federal spending in 2011 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure/public works projects it would create many jobs, and achieve great things, like the construction of the Empire State Building in the 1930s and 1 World Trade Center today.
Canaccord Genuity revealed that Apple will continue to dominate the tablet market through 2012.
What is it about Sarah Palin? Support her or not, the Republican side of the U.S. political community has not seen as personable a public figure in decades, which is why the 2012 GOP nomination for U.S. president will not be decided until her intentions are known.
Americans, it’s been said, are a resilient, can-do bunch. Well, it looks like U.S. motorists will have to become even more resilient, as the days of $2-something per gallon gasoline appear to be gone.
