Tuesday, December 29, 2009 Last week, the FBI issued its preliminary 2009 crime report, showing that the number of murders in the first half of 2009 decreased 10 percent compared to the first half of 2008. If the trend holds for the remainder of 2009, it will be the single greatest one-year decrease in the [...]
By Tony Romm – 12/30/09 01:37 PM ET Democratic strategists Wednesday asserted President Barack Obama “has been far more aggressive in fighting al Qaeda” than the previous administration . In an e-mail this afternoon to supporters — which incidentally excoriated Republicans for politicizing the attempted bombing of Flight 253 — the Democratic Congressional Campaign Committee [...]
by Douglas Rice Thursday, December 24, 2009 Becoming a millionaire used to mean you were on top of the world. Nowadays, it means you are climbing up the ladder. While a million dollars is completely out of reach for many people, it’s just a step along the way for many others. Why? Because it doesn’t [...]
By: Dan Weil The yield premium of Treasury bonds over Treasury inflation-protected securities (TIPS) has reached a 16-month high, signaling inflation ahead. The yield premium for 10-year Treasuries over 10-year TIPS closed above 2.25 percentage points four times last week, the longest streak since August 2008, Bloomberg reports. That spread indicates that 10-year Treasury yields, [...]
With credit tight and consumers still pinching their pennies, many business owners find they can’t go on. By Nathan Olivarez-GilesDecember 22, 2009 The Obama administration’s new plan to give a boost to small businesses reflects continued trouble in that sector, which is facing new failures even as much of the nation’s economy is stabilizing. As [...]
By JOSH KRAUSHAAR Rep. Parker Griffith, a freshman Democrat from Alabama, will announce today that he’s switching parties to become a Republican. According to two senior GOP aides familiar with the decision, the announcement will take place this afternoon in Griffith’s district in northern Alabama. Griffith’s party switch comes on the eve of a pivotal congressional [...]
Sunday, 20 Dec 2009 02:50 PM Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there’s not much debate: The year-end lift known as the Santa Claus rally is no myth. The stock market typically posts modest, but reliable, gains in late December into the beginning of early January. “It’s pretty much [...]
By Gerald Warner UK Last updated: December 15th, 2009 Climategate is a global household name. No cat has ever emancipated itself more completely from the bag. It is a world-wide scandal – thanks to the internet. Yet, as its ramifications proliferate and dominoes continue to fall, the most repeatedly asked question online is: how can [...]
By Thomas Ferraro and Andy Sullivan Thomas Ferraro and Andy Sullivan – Thu Dec 17, 2:08 pm ET WASHINGTON (Reuters) – Former Federal Reserve Chairman Alan Greenspan on Thursday endorsed a proposed bipartisan commission to help make the tough calls needed to get the spiraling and record U.S. debt under control. Testifying before the Senate Homeland Security Committee, Greenspan [...]
The Arab states of the Gulf region have agreed to launch a single currency modelled on the euro, hoping to blaze a trail towards a pan-Arab monetary union swelling to the ancient borders of the Ummayad Caliphate. By Ambrose Evans-Pritchard Published: 7:12PM GMT 15 Dec 2009 “The Gulf monetary union pact has come into effect,” [...]