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More Americans than forecast filed applications for unemployment benefits last week, indicating little progress in the labor market.
Jobless claims fell by 1,000 to 428,000 in the week ended June 25, Labor Department figures showed today in Washington. The median forecast of economists in a Bloomberg News survey called for [...]
ust how much will it cost the big banks to atone for the mortgage mess? Bank of America announced Wednesday that it would take a whopping $20 billion hit to put the fallout from the subprime bust behind it and satisfy claims from angry investors. But for its peers, the settlements may [...]
A generic Republican candidate now holds a four-point lead over President Obama in a hypothetical 2012 election matchup. It’s the fifth week in a row that the GOP candidate has been ahead and the widest gap between the candidates to date.
The latest Rasmussen Reports national telephone [...]
The day that the web has been buzzing about has finally come: It seems that MySpace has been sold to an advertising network called Specific Media for a mere $35 million.
News Corp. declared it was ready to sell MySpace in an earnings call in February. The media company was reportedly hoping to get $100 million [...]
An American tourist on a snorkeling trip to see Australia’s Great Barrier Reef was left behind by his tour boat while about 30 miles offshore, according to reports Wednesday.
Michigan native Ian Cole, 28, said he panicked when he surfaced to find the boat had left after a mistaken head-count, the local Cairns [...]
Nearly half of all U.S. high school students currently smoke, drink or use other drugs, and a third of users meets the medical criteria for addiction, according to a report out Wednesday.
via msnbc.msn.com
Oil rose the most in six weeks in New York after the U.S. government reported that supplies dropped almost three times as much as expected.
Crude advanced as much as 3.2 percent as the Energy Department said inventories fell for a fourth week, the longest stretch of declines this year. [...]
Network World — Canonical founder Mark Shuttleworth is a big fan of Google (GOOG) Chrome, and says the browser could replace the standard Firefox in future versions of Ubuntu Linux.
Shuttleworth, the onetime space tourist, is spending his days on Earth to guide Canonical through a crossroads.
The [...]
That’s the debate going on these days from executive offices to the local malls. Business owners, workers and, yes, even economists are trying to decide whether the U.S. economy has hit a speed bump or is heading for a collision.
We all [...]
Bachmann’s turn for overdrive: More than two weeks ago, we said it was important to take a Michele Bachmann campaign seriously, and the new Des Moines Register poll of likely Iowa GOP caucus-goers backs that up. According to the survey, Mitt Romney (at 23%) is running neck-and-neck with Bachmann (22%), followed by Herman Cain (10%), [...]
LOS ALAMOS, N.M. — A fast-moving wildfire forced officials at the Los Alamos National Laboratory to close the site Monday as residents nearby evacuated their homes.
The fire has grown to between 6 and 9 square miles of mixed conifer and ponderosa pine and firefighters have no containment. The blaze started at around 1 p.m. [...]
Six people were killed and 28 remain unaccounted for in the fiery collision of a semi-trailer and an Emeryville-bound Amtrak train in the Nevada desert, officials said late Saturday.
It wasn’t until Saturday afternoon that the wreckage was safe enough to allow search teams to enter the burned-out hulks of two passenger cars in the 10-car [...]
Liberty State Park, New Jersey (CNN) — Not known for throwing out red meat to conservative audiences, former Utah Governor Jon Huntsman warned voters the country is facing an “un-American” future in his campaign kick-off speech Tuesday.
Huntsman took aim at the sluggish economy and mounting national debt in his remarks.
“We are about to pass down [...]
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