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$43.5 Billion Spying Budget for Year, Not Including Military The number released Tuesday does not include the billions of dollars that mili...

The Federal Reserve reduced the federal funds rate from 4.75% to 4.50%, as expected. The discount rate was reduced from 5.25% to 5.00% U.S....

War Plans: United States and Iran A possible U.S. attack against Iran has been a hot topic in the news for many months now. In some quarter...

U.S. Consumer confidence fell more than expected, from 99.5 to 95.6, lowest in two years. Germany 's unemployment rate fell from 8.8% to...

The Federal Reserve begins its two-day meeting tomorrow, and the market anticipates a rate cut. Retail sales in Japan rose 0.5% MoM Japan...

China Passes U.S. in Top 10 List as China Life Surges ``European countries were also surprised at the beginning of the 20th century when Ame...

Rumsfeld flees France fearing arrest US embassy officials whisked Rumsfeld away yesterday from a breakfast meeting in Paris organized by th...

The University of Michigan's consumer sentiment index dropped from 82.0 to 80.9 in October. Australia’ s leading indicators rose 0.7%. ...

U.S. New home sales fell 23% YoY. U.S. Durable goods orders fell 1.7% in September, weaker than expected. Excluding transport orders rose 0....

U.S. Existing home sales fell 8.0% from August's pace -- the lowest since records began in 1999. The U.S. Department of Energy said tha...

The cost of the wars in Iraq and Afghanistan could total $2.4 trillion A previous CBO estimate put the wars' costs at more than $1.6 tri...

Retail sales in Canada rose 0.7% Industrial new orders in the Euro area rose 0.3% MoM and 5.1% YoY. YoY Japan 's trade surplus rose 6...

U.S. lawmakers to mull subprime bankruptcy relief Under the plan, bankruptcy judges could extend the life of a home loan, change the i...

Updates resume "after" San Diego fires, hopefully within the next couple of days!

Turkey is serious about sending troops into northern Iraq to hunt down Kurdish separatist rebels hiding there and is not bluffing, a senior ...

The number of U.S. workers filing new claims for jobless aid jumped by 28,000 last week, more than expected and the biggest increase for any...

Housing Downturn Takes Toll on Cities’ Revenue In Palm Beach County, Fla., foreclosures rose to 4,830 in 2006 from 3,049 in 2005. And in jus...

OJ Prices Jump As Citrus Land Shrinks Florida lost 127,182 acres (17 percent of its total) in the 2006 crop census -- the second worst drop...

Britain to claim more than 1m sq km of Antarctica The United Kingdom is planning to claim sovereign rights over a vast area of the remote se...

U.S. Housing starts were down 10.2% MoM and down 31% YoY. U.S. consumer prices rose 0.3% MoM and 2.8% YoY The adjustment from recent financi...

Life is harder now, some experts say The basics, according to Warren, now take up close to three-fourths of every family's spending pow...

Foreign investors slashed their holdings of US securities by a record amount as the credit squeeze intensified, according to the latest Tre...

Federal Reserve Chairman Ben Bernanke said on Monday that a weaker dollar would have some inflationary impact but that expectations for sl...

U.S. Producer prices rose 1.1% in September and 4.4% YoY. U.S. Retail sales rose 0.6% in September. Without transport sales rose 0.4% Indust...

The U.S. deficit in international trade of goods and services shrank 2.4%. Australia 's unemployment rate fell from 4.3% to 4.2%. The ...

Consumer confidence in Australia fell 0.3%. The Baltic Dry Index passed 10,000 for the first time since its inception in 1985. Crude oil ro...

Global warming hits Cereal production hard According to the first study on the impact of climate change on global food production from 1981 ...

The Dow and S&P 500 closed at records after minutes from the Federal Reserve's last meeting showed inflation expectations were cont...

Study: GM corn might affect ecosystems Assistant Professor Todd Royer said the study suggested pollen and other plant parts containing toxin...

U.K .’s Producer prices rose 2.7% YoY. Factory orders in Germany rose 1.2%

EPA Asked to Regulate Ship Emissions Marine vessels are responsible for nearly 3 percent of the world's greenhouse gases — equal to the ...

U.S. jobless claims rose 16,000 last week to 317,000, more than expected. U.S. factory orders fell 3.3% in August. The Bank of England an...

The Institute of Supply Management said its index of services dropped from 55.8 to 54.8, about as expected. Democratic leaders in the U.S. ...

The National Association of Realtors said that its pending homes sales index was down 6.5% The unemployment rate in the Euro area was 6.9%...

In Wiki-Politics, Ron Paul and Mike Gravel Lead the Field At this time during the run up to the last presidential election, Wikipedia was i...

The Institute of Supply Management's U.S . manufacturing index dropped from 52.9 to 52.0 in September. Japan' s Tankan index was un...

Commodities Head for Biggest Monthly Increase in 32 Years (Bloomberg) The 19-commodity Reuters/Jefferies CRB Index was up 8.7 percent this m...

The PCE deflator, a core measure of consumer prices, rose 1.8%. U.S. Personal incomes rose 0.3% in August and consumer spending rose 0.6%, ...

New homes sales in the U.S. dropped 8.3 percent to an annual pace of 795,000 in August. The median price dropped 7.5 % YoY. The Commerce Dep...

Interesting audio on wheat

U.S. durable goods orders fell 4.9% in August, excluding transportation, orders were down 1.8%. U.K .'s GDP rose 3.1% Norway hiked ...

Fears of dollar collapse as Saudis take fright The danger is that this could now accelerate as the yield gap between the United States and t...

The new British empire? UK plans to annex south Atlantic Britain is preparing territorial claims on tens of thousands of square miles of th...

U.S. DoD To Outsource $15B War on ‘Narcoterror’ “This gives us the opportunity to bid on this work,” said Linda Hartwig, an ARINC spokeswoma...

A big overhang of property will bring U.S. house prices down further, but it is too early to say if the economy will sink into recession, fo...

Canada' s wholesale sales up 2.0% from June. Retail sales in the U.K. rose 0.6%. China plans to restrict fuel made from agricultural p...

U.S. Consumer prices fell 0.1% in August. U.S. August’s housing starts fell 2.6% from July's pace -- the lowest in twelve years. YoY h...

The U.S. Fed reduced the federal funds rate from 5.25% to 4.75% and the discount rate from 5.75% to 5.25%. The U.S. producer price index wa...

Frank May Win `Tougher Than Expected' Subprime-Lending Limits ``There may be no practical ability, even with extreme care and diligence...