Monthly Archives: August 2010

Border security bill passes while senators are on vacation

a vintage photograph of the Senate chamberThe border security bill passed in an empty Senate chamber as the $600 million measure cleared while the politicians are on vacation-READ ON

New superbug threatens to make bacteria drug-resistant worldwide

Photo of a scalpelInternational medical tourists are spreading a superbug gene that makes deadly bacteria resistant to the strongest antibiotics available...

Elias Abuelazam believed to be serial stabber and killer

ArrestPolice have taken Elias Abuelazam into custody. He is suspected to be the man who stabbed 20 people in three states, killing five in Michigan.

Fed monetary stimulus struggles to fight out of liquidity trap

a mousetrap, baited with a wadded up dollar billThe Fed's monetary stimulus, known as quantitative easing, seeks to jump start the flagging economic recovery by avoiding a liquidity trap.

No faxing payday loans provide quick, short term financing

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Condom with teeth designed to cut down on sexual violence

An African woman sitting on the ground with her head rested on her arms, hiding her face.Dr. Sonnet Ehlers, maker of Rape-aXe, a "female condom with teeth," hopes the new device will help cut down on sex offenders in South Africa.

Advance payday loans online | Get up to $1,500 today

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Perseids meteor shower: all you need to know

a 19th century engraving of meteor showersThis is a good year for the Perseids meteor shower that begins tonight and peaks in the darkest hours before dawn on Friday, Aug. 13-READ ON

A double dip recession is possible

Black holeRecent economic data suggests a double dip recession may be more likely than thought. Real estate and job recovery, at best, will be very slow.

San Antonio payday loans

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Trade deficit widens unexpectedly to record one-month increase

shipping containers stacked in rows, filling the frameThe trade deficit widened 19 percent in June, leading some economists to fear the economy is headed from recovery to double-dip recession...

The business of a New Korean War

Close-up of the statue of an American soldier pondering the dog tags of fallen comrades. The statue is part of a Korean War Memorial located in New Jersey.Will a New Korean War result from the tensions, and if so, will America's economy survive being cut off from South Korean products and parts?

Student loan debt exceeds credit card debt as college costs rise

an illustration of a hand stuffing money in a mortarboardStudent loan debt exceeds credit card debt as college costs rise, and some wonder whether going in hock for a bachelor's degree is worth it.

Federal judge blasts Wells Fargo for overdraft fees

Snake in the grassA Federal judge raked Wells Fargo over the coals for its overdraft practices, and ordered the company to repay $230 million to customers...

JP Morgan Chase purchases multi-family loans from Citi

ApartmentBig lenders are buying and selling packages of loans as they restructure and try to return to profitability. This may or may not help borrowers.

Americans disagree with Social Security cuts to trim deficit

A facial close-up of a bearded and disturbed elderly gentleman.A recent AARP poll shows that most Americans, particularly Baby Boomers, are against cutting Social Security to lessen the national deficit.

Linda McMahon gets the nod for Connecticut Senate race

Linda McMahon for SenateWrestling might be fake, but former WWE CEO Linda McMahon running for Connecticut Senate is definitely not. She's currently leading the polls.