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U.S. should plan 2nd fiscal stimulus: economic adviser

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The United States should be planning for a possible second round of fiscal stimulus to further prop up the economy after the $787 billion rescue package launched in February, an adviser to President Barack Obama said.
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Summertime....Will the Home Buying be Easy?

It was a good kick-off for the summer season. The pending home sales index figure that was released earlier this month marked a third straight month of rising pending sales. That is certainly welcome and encouraging news.
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Own Your Niche

Make a name for yourself by carving a real estate specialty that combines your interests with local market opportunities.
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Massive demand for Jackson memorial tickets

More than half a million fans from around the world applied for 17,500 free tickets to Michael Jackson's public memorial service next week, organizers said on Friday as a massive security operation got underway.
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Hope for California budget deal as IOUs planned

Top California lawmakers raised hope on Thursday that an elusive budget deal could be at hand, as officials began issuing billions of dollars in IOUs to avoid a cash crisis on the second day of a new fiscal year without an agreement to balance the state's books.
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Daily Wrap Up for July 2 - Energy

The U.S. Environmental Protection Agency extended today its comment period by 60 days on the Renewable Fuel Standard program. The city will eliminate the use of electricity made from coal by 2020. Solar gigantic project Desertec was estimated could create 240,000 jobs in Germany and generate $2,822 billion worth of power by 2050.
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Oracle plans to lay off up to 1,000 in Europe: AFP

Oracle Corp plans to lay off up to 1,000 workers in Europe, or about 1 percent of its global staff, as the recession erodes the giant software company's earnings, French news agency AFP reported on Thursday.
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Jackson will sets family trust, funeral sketchy

A will signed by Michael Jackson putting his multimillion-dollar estate in a trust for his children and mother was filed in court on Wednesday, as details of his highly-anticipated funeral remained sketchy.
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Neverland could rival Graceland as tour attraction

Abandoned by Michael Jackson after a humiliating child molestation trial in 2005, the late singer's Neverland Ranch could now become one of the biggest draws in the world as a memorial to the King of Pop.
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More job losses, China's net filter delay, California's IOU problem

Layoffs for the month of June exceeded the expectations, China on Tuesday delayed implementation of a controversial rule that requires all manufacturers to install Internet filtering software, California state resorts to issuing IOU's after the governor and lawmakers failed to reach a budget agreement.
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U.S. to invest $408 mln in two 'clean coal' projects

The U.S. will give $408 million in federal funds to develop two new carbon capture and sequestration projects in coal fired power plants, Energy Sec. Steven Chu announced on Wednesday. The projects aim to achieve at least 90 percent carbon dioxide capture efficiency, Chu said.
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Karl Malden, actor, dies at age 97

Actor Karl Malden, who won an Oscar for his role in the 1951 film A Streetcar Named Desire, died Wednesday at age 97 as he slept in his Brentwood, Calif., home, his manager Bud Ross said according to Reuters.
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China's Web filtering starts in the West

The Chinese government has backed away from mandating filtering software on all personal computers in China, in a move that averts a dangerous escalation in its censorship powers.
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Michael Jackson's funeral remains undecided

Members of the Jackson's family have met with officials from the Los Angeles Police Department (LAPD), and California Highway Patrol (CHP) on Tuesday afternoon to discuss plans about when and where Michael Jackson's funeral services to take place.
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California readies

California's lawmakers failed to agree on a balanced budget by the start of its new fiscal year on Wednesday morning, clearing the way to suspend payments owed to the state's vendors and local agencies, who instead will get

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