Bloomberg Proposes World's Largest Ferris Wheel
Project price tag: $480 million. Mayor says public funds will not be used.
Economics
EU Freezes Some Aid to Rwanda
Surprisingly, it looks like some of the money is going to arming rebels, not humanitarian aid.
Economy Grows Less Than Hoped
1.3 percent growth lower than the 1.7 percent that was predicted
Greek and Spanish Leaders Push For Austerity
Protests in both countries indicate some might have different ideas of how to proceed
Jobless Claims Down to Two Month Low
359,000 people still applied for unemployment for the first time this week
Taxes Threaten Gullah Community
Will a sudden spike in taxes doom a Saltwater Geechee village?
RIM Postpones Blackberry 10 OS Release
Likely until next year as the company's situation looks increasingly grim
U.S. Futures Up on China Hopes
Hoping for China to rescue its own economy and maybe the world's while it's at it
US Bank Hit with Cyberattack
Affecting site and online activities similar to what other banks have faced
American Entrepreneurship on the Decline
New companies add much fewer new jobs than they did 30 years ago
Sales of New Homes Near Two-Year High
Housing continues recovery; rest of economy, not so much
Chicago Fed Leader Calls for More Easing
Urged policy makers to hold interest rates near zero until the unemployment rate falls to 7 percent or inflation rises to 3 percent.
Athens Protests Turn Violent
Riot police have been deployed to push back against protesters who have been hurling stones and homemade bombs
Germany Ratifies Eurozone Bailouts
Cabinet declaration marks the final step, Germany's contribution is capped at 190 billion euros
Strangulation by Union
Rules that "protect" government workers from arbitrary dismissal and require everyone be treated equally are bad for taxpayers and even unions.
Markets Fall Amid Spanish Economic Woes
Unemployment remains at its highest rate since the 1970s
French Unemployment Highest Since 1999
High income tax, minimum wage hikes, and union reform yet to bear fruit for the socialist government
August New Home Sales Down, Prices at Five Year High
There are people out there who still think a home price should go in one direction, up
Socialist French President Says He Should Endorse Mitt Romney
Since socialism is a bad word stateside
Argentina Pols on Defense After IMF Charges They Hide Economic Data
Lashing out is what you do when your government is circling the drain
Small Businesses Fret Over Government Spending, Taxes, Regulations
The feds really do have the ability to screw-up everything
Californians Flee in Search of Free Economies
Texas, Nevada and Arizona thank their neighbor for the new workers and capital
France's Labor Rules Stifle Business Growth
It's better to stay small than to hire employees you can't fire
Household Incomes Down in August
Since the economic recovery started in June 2009, household incomes are down 5.7 percent.
