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What’s the matter? Having trouble making ends meet? Sick of the cost of everything going up while your income actually goes down? Laid off? House equity shot? Borrowed up to the gills with all your credit cards maxed out? Now you can’t afford food, you say?
Well, here’s a big part of the reason why. [...]
Filed under: Politics | Tagged: anxiety, business closings, depression, edgar steele, healthcare, layoffs, Politics, poor, poverty, recession | Leave a Comment »
Delta Air Lines Inc., the nation’s third-largest carrier, said Wednesday its loss widened in the first quarter to a whopping $6.39 billion because of soaring fuel prices and the steep decline in the company’s market value.
The results badly missed Wall Street expectations, despite a 12 percent increase in sales.
The Atlanta-based company said the loss is [...]
Filed under: Business | Tagged: airline industry, bankruptcy, Business, continental, delta, depression, insolvency, poverty, recession, unemployment | Leave a Comment »
It’s called the Beige Book for its colour, not its blandness.
Eight times a year, the U.S. Federal Reserve Board gathers anecdotal information on the state of the economy. Officials of each of the 12 regional Federal Reserve banks talk to local bankers, business owners, economists and market experts to produce a snapshot of the economy.
One [...]
Filed under: Business | Tagged: Business, depression, economics, Federal Reserve, mortgage mess, recession | Leave a Comment »
US authorities have arrested an engineer on suspicion of passing classified defence information to Israel during the 1980s, according to the justice department.
Ben-Ami Kadish, 84, is suspected of passing nuclear weapons and air defence information to Israel while working as a mechanical engineer at an army base in New Jersey.
Court papers say Kadish’s spying took [...]
Filed under: Politics | Tagged: AIPAC, Ben-Ami Kadish, Israel, Israeli spy, Johnathan Pollard, Pentagon, Politics, Tel Aviv, U.S. military, Washington | Leave a Comment »
