Poverty Rate Crosses 15%, highest in over 50 years: U.S Census Bureau

Poverty Rate Crosses 15%, highest in over 50 years: U.S Census Bureau

By Christy Gren - Sep 14, 2011

Household incomes among Americans have fallen sharply, accompanied by a rise in the number of people living below the poverty line to 46.2 million, the highest in over 50 years, ac

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Latest Debt Ceiling Plan Unsettles Democrats

Latest Debt Ceiling Plan Unsettles Democrats

By Vrushti Mawani - Jul 22, 2011

The deal that U.S President Barack Obama and Republican House speaker John Boehner seem to be closing in on has reportedly evoked harsh reactions from the Democratic Party in relat

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U.S Debt Ceiling Debate, Euro Woes Push Investors towards Gold

U.S Debt Ceiling Debate, Euro Woes Push Investors towards Gold

By Jay Raol - Jul 18, 2011

With the precious yellow metal touching a record $1600 an ounce earlier today, while some investors with large gold holdings are rejoicing, it could also be an indication of a mark

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Reduce U.S Govt. Federal Deficit, Tax the Rich: Obama’s New Plan

Reduce U.S Govt. Federal Deficit, Tax the Rich: Obama’s New Plan

By Jay Raol - Apr 11, 2011

An hour before Friday midnight, the U.S Government shutdown was averted by a last minute deal struck between the White House and the Congress, and thousands of federal employees ac

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