IBT Staff Reporter

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Mischief From Cheap Money - Shocking Charts

Three trillion dollars is a lot of cash to hoard up in barely 10 years. It's a lot of cash to unleash on the world's commodity markets, too. And peak oil or not, we monetary maniacs might just have a point. Real returns to cash do matter.

Mr. Harold Camping, You are Pathetic

Ex-followers of Harold Camping, the doomsday preacher who falsely predicted that May 21 would be the beginning of the end-of-the-world, are reacting with anger and voicing it on the air.

Lower jobless rate reflects benefits end: Fed

As much of a quarter of the recent decline in the U.S. jobless rate is due to long-term unemployment benefits running out, according to research from the Chicago Federal Reserve Bank published on Tuesday.

Wall Street ends up as Greece hopes help

Wall Street bulls took the upper hand on Tuesday as hopes for a new plan to deal with Greece's debt crisis soothed some investor worry, but more grim economic data suggested there were more hurdles ahead.

Hockey returns to Winnipeg, Atlanta loses again

The Atlanta Thrashers hockey team has been purchased by an owner who intends to move the National Hockey League franchise to Winnipeg, returning the sport to the capital of Manitoba, Canada, for the 2011-2012 season.

Steve Jobs to open Apple event, unveil iCloud

Apple Inc Chief Executive Steve Jobs, who spent months on medical leave, will open an annual developers' conference next week showcasing the iPad maker's latest computer software and a new cloud computing service.

Boeing cites increased interest in Super Hornet

Boeing Co has seen increased interest in its Super Hornet fighter jet from potential international customers as Lockheed Martin's F-35 Joint Strike Fighter has faced development and cost challenges, a Boeing executive said on Tuesday.

Greece moves on austerity deal, opposition wants more

Greece appears to have agreed a tax cut with its international lenders, aimed at forging a broad consensus for more austerity to avoid a debt default, but the opposition said on Tuesday this would still not win its support.

Smoking could kill 8 million a year by 2030: WHO

(Reuters) - Tobacco will kill nearly six million people this year, including 600,000 non-smokers, because governments are not doing enough to persuade people to quit or protect others from second-hand smoke, the World Health Organization (WHO) said on Tuesday.

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