Democrats and Republicans are disagreeing on when the vote to decide whether or not to extend Bush era tax cuts should take place. Democrats in the House of Representatives feel the vote should take place after the November 2 election. However Republicans feel that the vote should happen first so American’s can take comfort in […]
Overall assets of mutual funds shed $10.63 billion to $2.803 trillion this week, Investment Company Institute said on Thursday. Meanwhile, assets of retail money market mutual funds dropped to $958.21 billion after losing $6.36 billion during the same period, while assets of taxable funds dropped by $4.63 billion to $753.97 billion, and tax-exempt assets declined […]
The interest rates on unsecured loans from banks are significantly higher now than the period prior to the economic downturn, despite the drop in official borrowing expenditure, according to a bulletin released today by the Bank of England. The bank reports that people getting unsecured loans now would pay up to 11% interest, event though […]
CNN reported that seventy-four percent of Americans believe the recession is still going. One out of three people characterize the recession as serious, while twenty-nine percent call it simply moderate. This was in response to the National Bureau of Economic Research report claiming that the economic indicators dictate that the recession ended during June of […]
Aarti Party, the show staring Aarti Sequeira, the winner of the 6th season of the Food Network’s Next Food Network Star show is now in the Top 10 of Yahoo Trends. The show is designed to show American home “gourmet chefs” how to prepare amazing American meals. However, Aarti’s puts an Indian spin on many […]
Adam Lambert has partnered with Pennyroyal Silver to create a pendant of his Infinity Tattoo. This is the second time that Lambert has partnered with Pennyroyal Silver. The first time they were able to raise $30,000 in 7 days. The proceeds form the sale of the $95 pendant will go to Donor’s Choose. According to […]
Sales of LCD TVs are expected to rebound from weak sales during the first half of the year to meet increased consumer demand during the upcoming holiday season, as retailers plan to cut back on prices, according to industry researcher iSuppli. The decline in prices is also due to an oversupply of LCD TV units […]
Ben S. Bernanke, the chairman of the Federal Reserve, said that the impact of the financial meltdown has caused the U.S. economy to recover more slowly than expected despite the reduced interest rates brought about by the $1 trillion in bond purchases. Speaking at a conference at Princeton University yesterday, Bernanke said that, “By buying […]
A new study by the Centers for Disease Control and Prevention (CDC) says that a fifth of gay men in the United States are infected with HIV, the virus that causes AIDS. Nearly half of carriers are not aware of their infection. The CDC tested 8,000 men in 21 U.S. cities in 2008, the largest […]
The New Jersey Nets are set to acquire Denver Nuggets forward Carmelo Anthony via a trade, that would also send D.J. Augustin from Charlotte to the Nets in exchange for first-round pick Derrick Favors, point guard Devin Harris, and a future first-round pick, according to NBA sources. Anthony agreed to sign a three-year $65 million […]
PayPal Withdrawing Support For Kindle Fire, BlackBerry And Windows Phone
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