U.S. likely to lose top rating: economists
WASHINGTON/LONDON (Reuters) - The United States will lose its top-notch AAA credit rating from at least one major rating agency, according to a Reuters poll that also found wrangling over the debt ceiling has already damaged the economy.A small major - Click for more...
Buying Votes By Selling Public Office (07/26/2011)
Do you believe too much money is perverting politics? Do you believe too much politics is perverting money? If you hold one of these beliefs but not the other what makes you think either can be fixed?Why do citizens and corporations keep donating inc - Click for more...
Metals End Higher as Gold Sets Another New Record High-$1624 (07/25/2011)
(Kitco News) - Comex gold and silver futures prices closed the day session higher Monday, with August gold powering to another new all-time record high of $1,624.30 an ounce. The U.S. debt limit debacle and the simmering European Union debt crisis co - Click for more...
Impasse over US debt limit sends stocks lower
NEW YORK (AP) — The debt showdown in Washington is rattling the stock market again.Stocks fell Monday after Republican and Democratic leaders offered competing proposals to avoid a catastrophic default on the U.S. government's debt.Lawmakers ho - Click for more...
EU Warns: Economic Damage if Greece Summit Fails (07/20/2011)
BRUSSELS/FRANKFURT (Reuters) - EU leaders must find a convincing solution to Greece's debt crisis at a summit on Thursday or the global economy will pay the price, the head of the European Commission said in an unusually somber warning.Jose Manuel Ba - Click for more...
Gold extends record rally, jumps above $1,600
NEW YORK (Reuters) - Gold surged to an all-time high above $1,600 an ounce on Monday, extending a record rally as investors sought a safe haven on fears that U.S. lawmakers could fail to raise the debt limit, resulting in a default.Gold rallied even - Click for more...
Global stocks drop, gold hits record on Europe fears
Global stock markets and the euro fell on Monday, rocked by debt in the eurozone and the United States, and gold soared above $1,600 for the first time in history as investors sought safety.Europe's banking sector slid as traders expressed doubts ove - Click for more...