Economics
Obama Administration Preparing New Sanctions on Syria
Senior officials speaking on condition of anonymity revealed that the new sanctions are imminent.
Global Economy Will Continue to Shrink, Claims IEA
The International Energy Agency has cut its crude oil forecasts for 2012 and 2013.
Americans Not Sold on Solyndra
Only sixteen percent of voters think it was a good idea to provide loan guarantees to Solyndra.
Europe Begins To Compete
Crisis spurs revival in efforts to offer good products at good prices
Private Debt Is Crippling the Economy
There won't be a recovery until credit card and household debt levels come down.
SEC Drops Goldman Subprime Investigation
No longer looking into company's role in selling $1.3 billion of subprime mortgage securities.
Drought Worsening in Plains States
Land affected by "extreme" drought conditions increases by two percentage points.
Euro Founder: Some Countries Will Have to Leave
Germany should stay though, the European Central Bank's former chief economist said
Argentina To Expropriate Money-Printer
Why not go to the source and grab the presses? And block an investigation at the same time.
Spanish Students Charged for Bringing Bagged Lunches
Parents aren't pleased about hard-to-justify tab
UK's Economic Prospects Shrivel
The Euro Zone's troubles prompt the Bank of England to slash forecasts
Romney Backers Leery of Fed Audit
The candidate's team isn't down with the increasingly popular, Ron Paul-backed idea
Chevron Cut Calif. Gas Production Following Fire
Richmond facility running at 60 percent capacity.
Fannie Mae Reports Profits, Won't Need Tax Money
Second quarter in a row lender didn't need bailout to stay solvent.
300 Cockfighting Roosters Euthanized in California
A murder investigation led to the discovery of an illegal cockfighting operation and hundreds of malnourished roosters
Immigrants Still Behind Natives in Economic Wellbeing
Forty three percent of immigrants who have been in the US for at least 20 years claim benefits.
Got a Pencil? You Didn't Build That
Nobody, Leonard Read once explained, can make a pencil by himself.
Hotel Cannot Ban Prostitute From Using Rooms For Business
A ruling from an Australian court says that a prostitute was unfairly discriminated against when a hotel managed refused to give her a room.
Persuasive Arguments Against Obamacare Keep Coming
Papa John's CEO has said that the President's landmark legislation will see the price of his pizzas rise.
America's Worst Drought in Decades Threatens Global Food Security
Corn and soybean crops are particularly worrying.
South Korea to Resume Oil Trade With Iran
Move comes after months of stalled trade caused by European embargos.
German Exports Declined in June
Reduced exports to other eurozone countries is particularly noticeable.
AT&T Employees to Strike
20,000 land line employees in California, Nevada and Connecticut walk, apparently over issues unrelated to the decreasing consumer demand for land lines.
Canadian Protests Target Cheap Maine Lobsters
Lobstermen block trucks making deliveries in New Brunswick, set up blockades.
