stock trader signaling thumbs down

Wall Street panics as high speed trading tanks stock market

Wall Street breathed a little easier and the end of trading Thursday. The Dow Jones Industrial Average finished the day down only 348 points. Earlier in the day the stock market dropped like a rock — 1,000 points and nearly 700 points during one panic-stricken stretch. On Friday Nasdaq canceled the trades of 296 stocks
Canada Goose

Times Square suspicious package causes evacuation

Just days after a failed bombing attempt by Faisal Shahzad, a Times Square suspicious package scare caused the evacuation of Times Square by police. The bomb squad was called in to investigate, and traffic was redirected around Times Square.  The package was found near the Marriott Marquis Hotel. The package was just an unattended bag,
Work at home jobs are real.

Legitimate work-at-home jobs can help ease debt

While many believe that work-at-home jobs for moms are scams, others who are determined to find telecommuting positions are doing exactly that. These jobs range from at-home pharmacist positions to virtual call center jobs and everything in between. Some of those who are now able to work at home were once deep in debt and
caulking gun, handle in image with the rest outside frame

Cash for Caulkers: 168,000 jobs, $9.2 billion in energy savings

Cash for Caulkers 2010, also known as the Home Star bill, offers homeowners rebates from $3,000 to $8,000 for energy-efficient improvements to their homes. The Cash for Caulkers 2010 bill, which was passed by the House on Thursday, will dole out $5.7 billion over two years for a program aimed to stimulate the construction industry,
The front of AT&T headquarters on a cloudy day

Health care reform: AT&T seeks profit by denying benefits

Health care reform is inspiring corporations to dream up creative strategies that avoid the obligations required by the health care reform bill. A cold-hearted genius at AT&T may have found the ultimate way to make health care reform backfire on the law’s best intentions of eventual universal coverage. The new health care law requires companies
Dow Jones Industrial Average

Trading error to blame for DJIA nosedive?

Any trader watching the stock market today just about needed a shock to the heart as the DJIA – Dow Jones Industrial Average – plummeted almost 1,000 points because of a trading error. The DJIA nosedive, set off by a Proctor and Gamble sell-off, reverberated through the New York Stock Exchange as well. Talk about
oil washed up on an ocean beach

Oil spill in the Gulf of Mexico 2010: BP reports progress

Progress was reported Thursday in the effort to contain the Gulf oil spill 2010, which is leaking an estimated 210,000 gallons a day. A BP oil spill spokesman said one of three leaks had been plugged. With two leaks remaining, a four-story, 98-ton containment dome is en route to the site and another is being
A common highway sign visible along the southernmost roads of California, Arizona, New Mexico and Texas. Experts predict the California immigration conflict will soon explode as has occurred in Arizona.

Will California immigration be the next legal flash point?

The recent Arizona immigration law has been nothing short of controversial, and many experts believe that California immigration will be the next battleground for lawmakers. Reuters reports that Latinos in California – many of them illegal residents, others not – are stepping forward to protest the Arizona law. Liberals consider tougher immigration laws to be

Lieberman Citizenship bill | Making it easier to strip rights

Though Lieberman has not yet introduced legislation in congress, the Lieberman citizenship bill is already raising tensions on both sides of the aisle. Many legal experts have called this possible bill “draconian,” and civil rights experts are picking the bill apart. In the end, small cash loans are rarely the only thing people need for
Schoolhouse

DeKalb County Schools | Should school budgets be spent on PR?

This morning in DeKalb County Georgia, DeKalb County Schools were taking a lot of heat – and raising questions about proper use of school funds. The DeKalb County Schools are cutting $115 million out of their yearly budget. At the same time, the school district seems to have money to lend – at least, to
a close up of an open book, side view

Google Editions e-books: the ultimate Kindle and iPad killer?

Is Google Editions the iPad killer? The Kindle slayer? Google Editions is a browser-based e-book platform that may have Apple and Amazon looking for no fax pay day loans. The Google Editions launch date of late June or July was announced earlier this week. Unlike Apple and Amazon, Google Editions is a digital publishing service
a shot of tequila sitting on the bar in a colorful setting

Americans should toast The Battle of Puebla on Cinco de Mayo

The Battle of Puebla, which occurred on Cinco De Mayo, has been co-opted by corporate America as a marketing opportunity to sell tequila and Mexican-style food. Americans have been conditioned to believe that May 5  is Mexican Independence Day, and celebrate by taking shots and eating enchiladas. But in a way May 5 is more
Iceland volcano erupting

Ash cloud briefly halts European flights, may return later

The ash cloud from an Iceland volcano became an air travel issue again on Monday. A change in wind direction caused an ash cloud over Ireland from the Eyjafjallajokull volcano. The  Irish Aviation Authority briefly shut down seven airports. The airports opened again Tuesday morning, but winds could cause the ash cloud over Ireland to
Oil Spill bird

Is Halliburton to blame for Gulf disaster?

As the oil spill in the Gulf of Mexico continues to spread, allegations are coming to light that this may be the Halliburton oil spill. BP has claimed responsibility for paying for the oil spill cleanup, and Transocean was operating the oil drilling platform – but both may now be looking to Halliburton for oil
Cable box

Insight Communications cable service down

Insight Communications — cable, broadband, and telephone service provider for Indiana, Kentucky, and Ohio — is experiencing a cable service outage. With 716,400 basic cable customers and 509,400 digital cable customers, Insight Communications is working to restore cable service as soon as possible. As of 8:48 a.m. local time on Tuesday, the Insight Communications call

Teacher Appreciation Week 2010 gift idea: adequate funding

Teacher Appreciation Week 2010 started Monday, at a time when America’s public education system is being gutted by budget cuts, and the rest of the world gains ground in an increasingly competitive global environment. Starting in 1984, the Parent Teachers Association (PTA)  set aside the first week in May as Teacher Appreciation Week to celebrate the
File photo of Democratic North Carolina Senator Kay Hagan. With a little help from the Center for Responsible Lending, she is presenting the Payday Lending Limitation Act of 2010 to the Senate.

Payday Lending Limitation Act of 2010: Changing the TILA

The Center for Responsible Lending recently worked hand-in-hand with North Carolina Senator Kay Hagan (D) to “help craft” the Payday Lending Limitation Act of 2010, reports the Payday Loan Industry Blog. The major purpose of this new bill, it would seem, is to change the parameters of the Truth in Lending Act (TILA). While the