Poll finds great expectations for Obama

Washington (CNN) - A new national poll suggests that 75% of Americans think Barack Obama will make major accomplishments as president of the United States."The public thinks it's likely that Obama will improve...

GM Collapse at $200 Billion would exceed baiout tab

 Tough days ahead, auto giant is going to halt the US economy if projection made proves right, and possibility of that cannot be denied. " General Motors Corp, burning through cash as sales slump, would cost...

U.S. smoking rate is under 20 percent for first time

What ever may be the reason, recessionary fear or health awareness but this is very good news,. Hope tobacco companies will not try to increase the consumers by different media management tactics. " The number...

Regulators nix credit card debt forgiveness plan

Personal responsibility is still a pillar of Conservatism, believe it or not. So, they forgive the mortgage companies, AIG, all the Big Banks, hedge funds, Ford, GMC, and Chevy, but not the college girl with her...

Jobless claims hit 25-year high, imports plunge

Jobless claims hit 25-year high, imports plunge Doug Palmer WASHINGTON (Reuters) - The number of U.S. workers drawing jobless benefits hit a 25-year...

Greman economy enters worst recession

US financial crisis now started showing its effect in EU, the first big victim is non other than strongest economy Germany."The German economy, Europe's largest, contracted more than economists expected in the...

German Economy Enters Worst Recession in 12 Years

European stock markets are panicing today as investors learn that Germany, Europe's largest economy, has officially fallen into recession. In morning trading Britain's FTSE 100 was down about 1.3 percent and the...

Apple's iPhone: So Far, the Best Phone Ever?

is Apple's iPhone is the best phone ever ? What you say on Apple's iPhone"The iPhone is having a stellar year. First, it blasts past RIM's Blackberry in sales. Then it ousts Motorola's RAZR as the top-selling...

Who is Harry Reid says 30% of Democrats, Pelosi has 53% Unfavorable Rating

Congress still has an unfavorable rating nearly 13 points lower then the Unpopular President Bush.  30% of Democrats don't know who the Majority Leader of the Senate is.  Speaker Pelosi enjoys a 40% favorability rating slightly above President Bush's...

Sex Difficulty in women not distressing to most

It really very intresting finding, against the popular belief of disatisfaction and related depression. " Sex is painful, uninteresting or unsatisfying for four of every 10 U.S. women, yet just 12 percent say...

IMF sharply cuts world growth projections to 2.2 %

The reports released by IMF cuts down the growth rate to 2.2 percent.Although thhis is on expected lines but the the steep nature of cut disturbed the world authorites. ""Prospects for global growth have...

Stocks plunge anew as recession worries resurface

"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...

UK energy prices rise twice of EU average

The astonishing rise of gas and electricity prices in Britain have been a worrying trend to many British consumers. Those consumers may be distressed today to learn that gas prices in the UK have risen at twice the EU average. This may frustrate them considering that the UK...

World stocks rally before U.S. vote outcome

" LONDON (Reuters) - World stocks hit a two-week high on Tuesday as investors shifted their focus to the U.S. presidential vote while they anticipated aggressive interest rate cuts from European central banks this week. Democrat Barack Obama holds a decisive edge over...

South Korea unveils stimulus as markets eye more rate cuts

" SINGAPORE (Reuters) - South Korea unveiled an economic stimulus plan on Monday and markets geared for more interest rate cuts in Europe and Australia in a frantic campaign to keep the financial crisis from...
 

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