WASHINGTON (Reuters) – Senate Republicans said on Thursday they needed more time to examine a revised packaged of new economic sanctions on Iran’s oil sector on Thursday, a surprise move that drew anger from Senate Democrats, who had expected a unanimous Senate vote of approval ahead of Iran talks on May 23. “I feel...
Read more »
Mary Richardson Kennedy, 52, had trouble with drugs and alcohol and had two high-profile arrests around the time her husband filed for divorce in 2010. An autopsy was scheduled for Thursday. » E-Mail This » Add to Del.icio.us
Read more »
pa href=”http://news.yahoo.com/australia-set-modest-budget-surplus-054357277–finance.html”img src=”http://l.yimg.com/bt/api/res/1.2/dB_IE1uDyXMnyU8shnZbzQ–/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/photo_1336282965198-1-0.jpg” width=”130″ height=”86″ alt=”"It will be a modest surplus, the surplus will build over time,” Treasurer Wayne Swan said Sunday” align=”left” title=”"It will be a modest surplus, the surplus will build over time,” Treasurer Wayne Swan said Sunday” border=”0″ //aAustralia is on track for a modest budget surplus, Treasurer Wayne Swan said...
Read more »
FRANKFURT (Reuters) – Thomas Cook Group Plc gained a three-year funding lifeline worth 1.4 billion pounds on Saturday, giving the world’s oldest travel group more time to turn around its recession-scarred business. The 170-year-old firm warned about its profits three times last year as civil unrest in North Africa and the economic downturn in...
Read more »
For the first time, American viewers of the Summer Olympics won’t be limited by two words many sports fans loathe: “tape” and “delay.” After years of saving the most popular events for prime time, NBC will also stream live video of the London Games, online and via mobile. » E-Mail This » Add to...
Read more »
For the first time since 2009, the United Kingdom’s economy is experiencing a recession. According to the BBC and the Office for National Statistics, the U.K. economy shrank by .2 percent in the first three months of 2012, fulfilling the benchmark of a “recession” which, in economic terms, means “two consecutive quarters of contraction.” The United...
Read more »
People behaved very differently on another ship that sunk around the same time. An economist thinks he knows why. » E-Mail This » Add to Del.icio.us
Read more »
The student debt crisis isn#8217;t like other debt crises. It won#8217;t sink a currency, like Europe#8217;s sovereign debt crises. And it won#8217;t suddenly topple the U.S. economy, like the mortgage crisis. But give this crisis enough time, and it might just drag down the middle class. Last week, the Federal Reserve Bank of New...
Read more »
TORONTO (Reuters) – Toronto’s resource-heavy main stock index fell for the first time in four sessions on Monday as Chinese economic data that fueled growth worries weighed on oil and metals prices, pressuring the market’s key mining and energy sectors. The Toronto Stock Exchange’s SP/TSX composite index unofficially closed 75.61 points, or 0.6 percent,...
Read more »
Usually by this time in the nominating contests, the GOP has given its heart to its hero and it’s lights out for the rest. But once again, the GOP of 2012 refused to read the usual script. » E-Mail This » Add to Del.icio.us
Read more »
For the first time since May, 2008, the Dow Jones Industrial Average traded above the psychological milestone of 13,000. Yes, 13,000 is just a number, but every time we reach a milestone, it helps investors shed a little bit more of their post-financial crisis stress disorder. Given that the Dow was touched a 52-week...
Read more »
Reuters – The Spanish economy shrank for the first time in two years in the fourth quarter, the start of what economists fear could be a prolonged slump as Madrid implements harsh austerity measures to deflate a massive budget deficit.
Read more »