Immigration reform takes center stage today with a White House meeting between President Barack Obama and other U.S. leaders about how to fix the seemingly broken immigration system. Among those expected to talk with the President about immigration reform are former California Gov. Arnold Schwarzenegger and New York City Mayor Michael Bloomberg. Also in attendance […]
G20 countries on Friday reached a deal to check each other’s financial practices and economic policies that may endanger the global economy and send it to another recession. A joint statement was issued after a series of meetings between finance officials of the G20 countries. Imbalances in the global economy have been blamed for the […]
Another run for the White House was declared on Monday by Republican Mitt Romney, who failed to get the GOP presidential nomination in 2008. An exploratory committee to secure some campaign funds has been formed by Romney who could pose a real challenge for Barack Obama in his re-election bid. Recent polls show that Romney […]
A ceasefire plan drafted by African leaders was reportedly accepted by their “brother leader” Moammar Gadhafi and may pave the way for the end of hostilities between pro-Gadhafi forces and rebels being aided by NATO airstrikes. After some early victories, the rebels were being pushed back away from Tripoli by Gadhafi’s forces. But NATO planes […]
Spending cuts worth $38 billion will be implemented this year under a last -minute agreement made by the White House and Capitol Hill. The deal prevented a looming federal government shutdown and excludes spending cuts for such programs as Planned Parenthood as originally proposed by Republicans. “We fought to keep government spending down, because it […]
Apartment rentals in the U.S. have risen in the first three months of the year as more Americans opt to rent instead of buy homes, a report from research company Reis Inc. showed today. Fort the last quarter of 2010, the apartment vacancy rate dropped from 8 percent to 6.2 percent, the lowest since the […]
U.S. exports to China has reached a new record-high of $91.9 billion last year even as the trade deficit between the two countries widened. There has been growing concern about the negative impact on U.S. jobs and competitiveness because of the trade imbalance with China. Yet China is now the fastest-growing recipient of U.S. exports […]
A looming federal government shutdown caused by the deadlock on the budget may affect the release of the latest economic statistics, which in turn can hamper analysis of the impact of surging commodity prices. An estimated 800,000 government workers, including employees of the Commerce and Labor Departments, will be affected by a potential government shutdown. […]
Smart car information and communication technology for Toyota vehicles will be developed by Microsoft Corp. under a new $12 million contract signed by the two companies on Wednesday. Telematics, features that include GPS, telecommunications and multimedia, will be developed and installed by Microsoft and Toyota engineers in future car models. The new smart car system […]
Inflation must be monitored “extremely closely” in the days ahead because commodity costs are not showing signs of stabilizing, Ben S. Bernanke, the chairman of the U.S. Federal Reserve, told an audience in Stone Mountain, Georgia. Bernanke sees commodity prices to eventually go down and its impact on inflation “transitory” but also warns about forecasts […]
PayPal Withdrawing Support For Kindle Fire, BlackBerry And Windows Phone
Revival Of Nashville Discussed
Brawl Erupts After Jose Bautista Downed By Rougned Odor Punch
VR Tour Offered Three Decades After Chernobyl Disaster
Kyle Busch Sweeps NASCAR Events At Martinsville
Halle Berry Enters The Social Media World
