Category Archives: Economy

Chinese Vice President Xi Visiting US for High Level Talks

High level talks are scheduled this Tuesday between President Obama and the up and coming leader of China, Vice President Xi Jinping. Xi is hoping that the talks will boost his international standing while he simultaneously tests Obama’s ability to … Continue reading

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Controversial Ads on Homes Helping Pay Mortgage

On an otherwise quiet, ordinary street in a suburb of Los Angeles one house seems to have gone crazy. Painted in neon bright colors with several ads is the house of Scott and Beth Hostetler, a couple who are otherwise … Continue reading

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Revisiting the Cuban Embargo: Fifty Years of No Cigars

The 50th anniversary of the start of the economic boycott on Cuba took place on Tuesday. Since February 7th, 1962 there has been a nearly hermetic seal on trade with communist-led Cuba. Yes or No to Embargo Supporters of the … Continue reading

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Good News From Wall Street and Detroit

Nasdaq Sets Record The Nasdaq rose to its highest point in eleven years as optimism is mounting that the US economy is well on its way to recovery. The good news that fueled the Nasdaq rally was last month’s surge … Continue reading

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January Best Month Since October on Wall Street

As January ended yesterday Wall Street celebrated what investors there are saying was their best month since October, 2011. The optimistic attitude was maintained despite the disappointing weaker-than-expected performance which was reported in Tuesday’s economic reports, which surprised investors after … Continue reading

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