Foreign journalists allowed into Gaza for first time in a month

A follow up on previous reports regarding Gaza, Journalists and supplies into Gaza from Israel."Foreign journalists were allowed entry into Gaza on Thursday for the first time in about a month as several border crossings were opened, a defenseofficial said on Monday. ...

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...

Meltdown fallout: India to see unemployment zoom

The worst fear has been confirmed. India has been debating about the imapct of US meltdown its economy and projected growth rate.Signals of the slowdown in the US economy is most visible in the real estate sector where prices have corrected by 15-20%. Other sectors of the...

China Says More Dairy Makers Have Contaminated Milk

The Chinese tainted milk scandal continues to spread each day. Today the country revealed that the number of dairy producers who have the contaminated milk is even wider than originally thought."China, embroiled in the tainted milk scandal that has killed four babies, said 15...

Small Business Expenses that are Tax Deductible

Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business is operated to make a profit. What Can I Deduct? To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one...

Durable Goods and Capital Goods Orders better than Expected

Here's some positive economic news."Orders for durable goods, items meant to last three years or more, rose strongly last month after an upwardly revised 1.3% gain in June, the Commerce Department said. Analysts were expecting durables orders to remain unchanged from the...