“In my own life, in my own small way, I have tried to give back to this country that has given me so much,” she said. “See, that’s why I left a job at a big law firm for a career in public service, “ Michelle Obama No, Michele Obama does not get paid to [...]
Archive for the ‘Economy | Finance’ Category
First Lady Rolls with Largest Entourage in White House History
Posted: 27th October 2009 by Veritas in Economy | Finance, PoliticsTags: budget, Obama, Recession, spending, white house
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McDonald’s Closes Restaurants in Iceland
Posted: 27th October 2009 by Veritas in Economy | FinanceTags: big mac, Iceland, mcdonalds
The Big Mac, long a symbol of globalization, has become the latest victim of this tiny island nation’s overexposure to the world financial crisis. Iceland’s three McDonald’s restaurants — all in the capital Reykjavik — will close next weekend, as the franchise owner gives in to falling profits caused by the collapse in the Icelandic [...]
Energy Resources Face Glacier-less Future
Posted: 24th October 2009 by Veritas in Economy | Finance, Mother NatureTags: glacier, green, hydroelectric, ice, nature, water
Standing on the glacier at the source of the Rhone river, glaciologist Andreas Bauder poses next to a 3-meter high pole sticking out of the ice, and gestures above his head. “This is about the melt of one month,” he says, as fellow scientists drill into the ice. “I’m about two meters tall.”
7,000 Americans Lose Benefits Each Day
Posted: 23rd October 2009 by Veritas in Economy | FinanceTags: benefits, employment, job
Another day, another 7,000 people run out of unemployment benefits. One month after the House passed a bill extending unemployment benefits, the issue is still being debated in the Senate.
Jobless Claims Rise to 2 Year High
Posted: 22nd October 2009 by Veritas in Economy | Finance, PoliticsTags: Economy | Finance, employment, financial, job, stimulus
A bigger-than-expected rise in the number of U.S. workers filing new claims for jobless aid last week signaled the labor market remained fragile, even as a measure of economic prospects hit a two-year high last month.
Walmart Seeks Total Market Takeover
Posted: 17th October 2009 by Veritas in Economy | FinanceTags: amazon, market, online, walmart
Wal-Mart Stores Inc is taking its ferocious price cutting into new markets as the economy shows hints of recovery.
Florida Rep. Grayson Wants Federal Reserve “Unmasked” Before Bernanke Appointed
Posted: 15th October 2009 by Veritas in Economy | Finance, PoliticsTags: alan grayson, Bernanke, congress, democrat, federal, Obama, senate
Florida Democrat U.S. Rep. Alan Grayson wants Americans to help him block Congress from confirming the Chairman of the Federal Reserve to his second term unless he hands over documents relating to the bailouts of financial institutions, including the rescue of Bear Stearns.
Homeless Bottle Collector Becomes Stock Trader
Posted: 14th October 2009 by Veritas in Economy | Finance, Happy NewsTags: bottle, crisis, drinking, homeless, Russia, stock, trader
A 63-year-old homeless Russian man has gone from street life to stock market trader after collecting thousands of empty booze bottles for cash, a popular Russian tabloid reported on Tuesday.
The U.S. Dollar’s Long Downfall Ahead
Posted: 13th October 2009 by Veritas in Economy | FinanceTags: dollar, Economy // Finance, markets, U.S.
Even putting aside the spectacular but hard-to-measure risks of a financing crisis or the loss of its special status, the dollar faces really serious headwinds from boring old fundamentals.
Increasing U.S. Population Challenges Future Environmental Goals
Posted: 12th October 2009 by Veritas in Economy | Finance, LifestyleTags: environment, green, population
A rising population will make it harder for the United States to make 2050 cuts in greenhouse gas emissions than for Russia and some other rich nations with shrinking populations.
Colorado Gives Free Vacations to “Snow Virgins”
Posted: 12th October 2009 by Veritas in Economy | Finance, Mother NatureTags: colorado, mountain, skiing, snow, vacation
People who have never seen snow or built a snowman are getting a chance to do it in Colorado, in a big way.