As Britain's Prince Harry neared the end of his second and final day in New York City on Saturday, he described his experiences as "fantastic." The 24-year-old visited the Harlem Children's Zone, a nonprofit organization that offers free programs and...
Saturday, May 30, 2009
Prince Harry: New York trip has been 'fantastic'
READ MORE - Prince Harry: New York trip has been 'fantastic'
Pillow Saves Girl, 8, From Bullet
MOORE, Okla. -- Police are investigating a shooting outside a Moore home where a bullet narrowly missed hitting an 8-year-old girl while she slept in her bed.The bullet came through a window, shattered the glass and woke up the girl and her parents....
U.S. vows to keep using 'state secrets' defense
The Obama administration has informed a federal judge it will continue to invoke the "state secrets" privilege in a legal battle with an Islamic charity suspected of funding terrorism. The United States has designated the Oregon-based al-Haramain Islamic...
Hired! New Job, New State, New Start
The 2.3 million college grads in the class of 2009 are finding that starting a career in the current economic climate will require some sacrifice.While 73% of recent graduates worry about finding work after graduation, 50% say they have already changed...
American Dream Slipping Away
There was a time, not very long ago, when getting a job on the production line at a big automaker meant an instant ticket to the American dream, even for someone with little formal education. Not anymore."The minute you signed the paper, you were instantly...
Friday, May 29, 2009
How much cash should you have in your portfolio?
When the markets began to tank last fall, investors fled to cash and cash-like investments. No one cared if yields were paltry. The return of principal rather than the return on principal was the biggest priority. The result today is that you may hold...
Are U.S. bonds really a safe haven?
It looked like a no-brainer. With a flight to quality last year pushing up U.S. Treasury bond prices and risky loans looking like losses waiting to happen, U.S. banks ploughed money into government bonds. And until about mid-May, when prices of 10-year...
More U.S. airports add rail service to downtown
Riding the rails between downtown and the airport is becoming a reality for more U.S. travelers. With their roadways jammed with cars and shuttles, a growing number of domestic airports are building or have plans for a rail link that will connect passengers...
Bush: White House pressure made marriage stronger
Former President Bush said that if Laura Bush hadn't been first lady, he isn't sure he could have counted on her vote. "I can promise you that her life dream when she was growing up was not to be first lady of the United States," Bush told a Michigan...
Obama creates top job for guarding online security
WASHINGTON (CNN) -- President Obama announced Friday he is creating the post of cyber security coordinator to oversee "a new comprehensive approach to securing America's digital infrastructure." The president said he will personally select the person...
Thursday, May 28, 2009
Credit Card Reform: What Might Have Been
You’d think in a year when major banks received billions in taxpayer aid and face billions more in defaults on credit card debt, tackling anti-consumer practices by credit card issuers would be a slam dunk in Congress. There’s certainly been lots of...
Obama’s Favorite Mutual Fund
Some food for thought from President Obama’s current investment portfolio, which was revealed last Friday as part of his government-mandated annual financial disclosure report: 1. There’s an old bit of investment advice: If you don’t have a lot of money,...
First-time unemployment claims dip
WASHINGTON (Reuters) -- The number of U.S. workers filing new claims for jobless benefits dropped by 13,000 last week, the Labor Department reported on Thursday, but so-called continued claims hit a new record as the recession took a further toll on...
Obama weighs new rules for banks
WASHINGTON (Reuters) -- The Obama administration is weighing a plan that would put the Federal Reserve in charge of monitoring systemic risk and give the Federal Deposit Insurance Corp. authority to unwind insolvent bank holding companies, sources familiar...
What Credit Card Legislation Means for You?
Consumers scored a major victory on Tuesday as the Senate voted overwhelmingly in favor of a bill that restricts unfair credit card practices. The Credit Card Accountability, Responsibility and Disclosure Act passed by a 90-5 margin. The bill comes on...
Has the next investing bubble begun?
Every month Merrill Lynch (or Bank of America Securities-Merrill Lynch for you scorekeepers) checks in with a bunch of big time money managers to take their bullish/bearish temperature. Collectively the 400 or so global managers in the May survey are...
Health Insurance Helper Returns Online
Last summer, when I was writing a story about health insurance options for early retirees, I found an incredibly useful resource for individuals trying to obtain health insurance for themselves and/or their families: a web site run by Georgetown University’s...
Obama says health care changes must come this year
WASHINGTON – President Barack Obama warned Thursday that if Congress doesn't deliver health care legislation by the end of the year, the opportunity will be lost, a plea to political supporters to pressure lawmakers to act. "If we don't get it done this...
Credit Card Reform Swipes Easy Plastic from College Students
Back when dinosaurs roamed the Earth, you actually had to have a job to get a credit card. All that changed in recent years, when credit card companies determined that issuing credit cards to college students was a great way to nurture long-term brand...
Wednesday, May 27, 2009
Some medical myths come straight from the doctor
Mom was right about lots of things: eating your vegetables, washing your hands and never running with scissors. But some of her other medical advice — such as waiting an hour after eating before swimming — just doesn't hold water, according to the authors...
Tuesday, May 26, 2009
Serena survives in three sets, Blake falls short at French Open
PARIS (AP) — Serena Williams bemoaned her game on a windy day at the French Open, wasting eight match points before finally beating Klara Zakopalova of the Czech Republic 6-3, 6-7 (5-7), 6-4. Williams was broken twice during the second set Tuesday, including...
Obama to nominate Sonia Sotomayor - first Hispanic - for Supreme Court
President Obama will nominate federal appeals court judge Sonia Sotomayor for the Supreme Court this morning.Sotomayor, 54, would be the first Hispanic and third woman in history to serve on the nation's highest court. There is currently only one woman...
Facebook Payments: Think Virtual
It might be Facebook's worst-kept secret.It's become increasingly clear in recent weeks that Facebook is finally inching toward the launch of a micropayment platform. The social site has been expanding the presence of its virtual currency, which Facebook...
U.S., Canada gear up for new border ID requirements
Americans and Canadians heading to the United States from Canada on vehicles or cruise ships will face new entry requirements beginning next week, the Homeland Security Department said. Next Monday, the Western Hemisphere Travel Initiative will begin...
Pentagon: Ex-Gitmo detainees turning to terrorism on rise
WASHINGTON (CNN) -- Mohammed Ismail was released from the U.S. detention facility at Guantanamo Bay, Cuba, in early 2004 and sent back to Afghanistan to be set free. Within four months, the U.S. military said, he was recaptured in Afghanistan attacking...
Tyson's daughter dies after accident, police say
The 4-year-old daughter of boxing legend Mike Tyson died Tuesday, a day after she was injured in a treadmill accident at her home, police in Phoenix, Arizona, said. Exodus Tyson was prounounced dead at 11:45 a.m. local time Tuesday, said Sgt. Andy Hill,...
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