A decade of slow growth?

By Fareed Zakaria From: Cnn.com: Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort. Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world. It is genuinely global in a way that few conferences are... FULL STORY

Bloomberg: The Fiscal Cliff Will Drive the U.S. Into Recession

House Speaker John Boehner says he was "flabbergasted" when Treasury Secretary Tim Geithner pitched the White House plan to save the nation from the "fiscal cliff." FULL STORY

6 Ways The Fiscal Cliff Could Affect You

Federal Reserve chairman Ben Bernanke used the term "fiscal cliff," it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media. The fiscal cliff refers to the enactment of a number of laws that would, if not changed before Jan. 1, 2013, FULL STORY

The U.S. Recovery Has Been Spectacular*

We need a real recovery. That's what Mitt Romney said during the campaign, and he was right. Five years since the start of the Great Recession, unemployment is still far too high. It's not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it's not. Catchup growth is the new Godot. FULL STORY *Compared to almost every other rich country and almost every other financial crisis.

Fiscal cliff would drive the U.S. economy back into recession.

Fiscal cliff would drive the U.S. economy back into recession before end of 2013, a new report from the Congressional Budget Office said. Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs. Obama Fiscal Cliff Deal Risks Brush With Recession

US to become world's top oil producer by 2017

The United States will become the world’s top oil producer by 2017, according to the annual long-term report by the International Energy Agency (IEA). The US will surpass both Saudi Arabia and Russia, and will come close to achieving self-sufficiency... FULL STORY

A Year of Disappointment At the Movie Box Office

In the final days of 2011, ticket sales in North America are running about $500 million..

Source: www.nytimes.com

Payroll-Tax Cut Measure Signed Into Law by Obama

President Obama signed legislation Friday extending a payroll tax cut for two months, concluding an end-of-year drama that split..

Source: www.cnbc.com

Killer Charles Manson: “Obama Slave of Wall Street..”

President Barack Obama is "a slave of Wall Street," the diminutive cult leader said by telephone..

Source: http://latimesblogs.latimes.com

What Happens If Steve Jobs Leaves?

Yesterday, it was announced that Apple does indeed have a succession plan, but it won't be made public, for fear that the company could see executives being..

Source: www.benzinga.com

Oil prices lower as tension eases over Egypt

Oil prices fell Monday as an uneasy calm settled over Egypt and concerns resurfaced about the pace of U.S. economic growth...

Source: http://fiance.yahoo.com

Stocks Notch Fifth Rise in Past Six Sessions .

The Dow Jones Industrial Average inched up in choppy trading to claim the fifth rise in six sessions, as investors paused following a strong run-up and fresh uncertainty in Egypt...


Source: www.online.wsj.com

Unemployment falls to 9 percent, lowest since 2009

The unemployment rate is suddenly sinking at the fastest pace in a half-century, falling to 9 percent from 9.8 percent in just two months..

Source: http://apnews.myway.com

IBM Predicts Holographic Calls, Air-Breathing Batteries by 2015

The predictions are part of an annual tradition for the Armonk, New York-based company, which surveys its 3,000 researchers to find five ideas expected to take root in the next five years...

The End? Fed to purchase Billions in Securities....

The Fed said it will purchase roughly $75 billion a month in U.S. Treasury securities...

Fed's Bernanke, Pianalto say recovery disappointing

The economic recovery remains disappointingly slow with unemployment too high, two top Federal Reserve officials said on Thursday...

Wall Street slips as it puts September rally on "pause"

Wall Street took a breather from a month-long rally on Wednesday, with investors bracing for higher volatility going forward as the best quarter in a year...

Wall Street slips as investors pause after 4-week rally

Stocks slipped on Monday as investors took a break from a four-week rally, but they remained optimistic the advance would resume as a flurry of deals suggested companies were seeing value in the market....

Oracle lifts Nasdaq as options expiration arrives

The Nasdaq rose on Friday after reassuring earnings and an upbeat outlook from Oracle, with the broader market flat as the traditional trading volatility...

Global stocks try third week of gains

Global stock markets were on their way to a third week of gains on Friday, with emerging markets favored, while the threat of Japanese intervention kept the yen close to its lows for the month....