The federal government plans to make it easier for lower-income Americans to borrow money to buy homes – which was the foundation of the disastrous sub-prime crisis. … [Read more...]
White House brace for long shutdown
Washington - US lawmakers and the White House braced for a long government-shutdown fight on Wednesday, with President Barack Obama planning events to stress its repercussions. … [Read more...]
Sub-Saharan Africa-US exports boom
Pretoria – Exports from Sub-Saharan Africa to the United States have been on the rise due to a trade partnership between the two. Following a recent visit to the United States, Trade and Industry Minister Dr Rob … [Read more...]
Economic Impact of Chicago Marathon
CHICAGO - The Bank of America Chicago Marathon contributes an estimated $243.46 million in total business activity to the Chicago economy, according to a new economic impact report. The independent study was conducted by … [Read more...]
Music Inspiration by Shannon Grissom
Ideas for songs come to me from many sources. First I was watching The Hobbit with my sister-in-law, Bonny Matley, and she remarked… “Cowboys and wizards never lose their hats.” … [Read more...]
USS Mohawk Underwater Exhibition
The sunken USS Mohawk has opened its first underwater dive accessible only exhibition, giving diving enthusiasts an exciting dimension to their next dive. The USS Mohawk is a 165-foot World War II cutter, which was sunk … [Read more...]
Quidditch World Cup in Kissimmee
Kissimmee, Florida hosted the 2013 Quidditch World Cup last weekend which was won by the University of Texas. Eighty teams and 1,600 athletes from across the United States, France, Canada and Mexico competed for the … [Read more...]
Fake Debt and Funny Money
The US Federal Reserve’s policy of buying debt instruments with money it’s creating out of thin air – currently at the extraordinary rate of more than a trillion dollars’ worth every year – is the right thing to do, … [Read more...]
Outlook After the Election
Now the uncertainty of the US presidential contest has been removed, investment markets have shifted their focus to other major uncertainties – the “fiscal cliff,” the European comic opera, the China slowdown. … [Read more...]
US marks 9/11 anniversary
Washington - Eleven years after the attacks on 11 September 2001, New Yorkers will mark the anniversary on Tuesday against a backdrop of health concerns for emergency workers and a feud over financing that has stopped … [Read more...]