Looking at the debt clock today i had noticed that while the US national debt was 14 trillion, that wasn't the most alarming figure unfortunately. The net interest on debt was 200 billion, that is quite staggering if you think about it, the reason why ...
United States (Jan 31st, 11)

While the US jobs report is released on friday, it underlines many structural problems in the US including debt financing which is rampant in federal and state governments.Looking at this wikipedia reference that 'In 2008, $242 billion was spent on interest pa...
United States (Oct 8th, 10)

While many profess from middle class America to have felt neglected by the Obama administration it is important to highlight some of the key items that have affected the middle class the past 2 years. With very high unemployment and elections coming up in Nove...
United States (Sep 5th, 10)

So while the US unemployment increases to 9.6% and xmas is only a few months away it is likely to be a grim holiday period for many, possibly even worse had there not be $82.2 billion given to low income workers and the unemployed with the stimulus.So the ques...
United States (Sep 5th, 10)

  While the election in November is placing Democrats in a precarious position of posturing to be both fiscally conservative about the growing US debt and encouraging job growth to reduce unemployment the Obama administration has come up a with a pre-...
United States (Sep 4th, 10)

While Australia is a relatively small country in comparison to the United States, 22M to 309M, its mix of capitalist and socialist policies for retirement policies are certainly something to be aware of when considering investing in Australian financial mar...
Australia (May 29th, 10)

From the consumer's point of view it is amazing that both Apple and Google perhaps the web's two most popular companies have recently started competing head to head on some products and services. This includes Apple heading into Google's domain with mobile...
Technology (May 24th, 10)

  While the thought of Google's foray into the television space could be perceived to be another innovative way to tap into an additional source of advertising revenue, I think it could potentially be one of the greatest revolutions of this decade. G...
Business (May 21st, 10)

Businesses helped Dell (Nasdaq:DELL) increase earnings for the last quarter by 52 percent, while revenue rose by 38 percent. Most of the revenue was generated from storage, servers and services Dell sold to businesses, although all customer segments enjoyed s...
Business (May 21st, 10)

There's no doubt that conservative British voters carried the day at recent elections, and promises by conservatives to their constituency seems to already be ignored, as the one of the ways they're agreeing to handle the enormous debt of the country is to rai...
Business (May 20th, 10)

I'm not sure why mainstream media outlets continue on with the stupid comment that it is "unexpected," every time there is negative economic news comes, with the most recent being the rise in unemployment claims in the U.S. by 25,000. The problem seems to be ...
Business (May 20th, 10)

According to the IMD business school in Lausanne, Switzerland, four out of the top ten competitive economies in the world are based in Asia, not a surprise to those who follow business and economics. Called the 2010 World Competitiveness Yearbook, the Swiss b...
Business (May 19th, 10)

General Electric (NYSE:GE) is increasing its available cash quickly, and estimates by the end of 2010 they'll have about 25 billion on hand. Plans for the cash are to buy back some of its stock by the end of 2010, and to increase its dividend in 2011. Genera...
Business (May 19th, 10)

The National Federation of Independent Business joined the lawsuit, which currently includes 20 states, which argues the healthcare bill enacted by Democrats is unconstitutional; specifically the insurance coverage requirements of the bill. In a statement abo...
Business (May 18th, 10)

Among the approximate 6,000 jobs to be cut by American drug giant Pfizer (NYSE:PFE), 90 will be lost in Britain, and another 785 in Ireland. Most of this comes in the aftermath of the merger with Wyeth last year, which they evidently had some overlap with, wh...
United Kingdom (May 18th, 10)

TD Bank Financial Group (NYSE:TD) announced Monday it will acquire  South Financial Group for $191.6 million, which will give them 176 more branches in the Southeast United States. Terms of the deal will include payment of $61 million in cash to sharehol...
Banking (May 17th, 10)

With the last couple of years being an anomaly, and not necessarily indicative of how companies will perform going forward, investors and analysts are relying on guidance from companies as to where things will be going in the near term, and guidance from Lowes...
Business (May 17th, 10)

In a good decision, Britain has said they back the idea of developing new nuclear plants in the country but there will be no government subsidies to spur them on. It's about time governments start backing off their addiction to spending and allow the market t...
Business (May 13th, 10)

Stocks, commodities and financials dropped today as investors take in what the consequences may be concerning the bailout offered by the EU for socialist countries spending more than they can take in. There is also growing skepticism on whether the almost $1 ...
European Union (May 13th, 10)

Early this week the European Finance Ministers and European Central Bank (ECB) along with the International Monetary Fund (IMF) put together a one Trillion dollar rescue package for Greece. To put the package into perspective it is bigger than the bank bailout...
Financing (May 13th, 10)