FBI offers $20K reward for stolen SWAT weapons

ShareThis FBI offers $ 20K reward for stolen SWAT weapons 07 Nov 2013 The FBI is offering a reward of up to $ 20,000 for information leading to the recovery of two weapons stolen overnight from an FBI SWAT team emergency response vehicle parked in Andover. The FBI said Thursday the stolen government weapons are […]

3 doomsaying experts who foresee economic devastation ahead

By Adam Shell, USA TODAY Behind the mainstream Wall Street happy talk about more stable financial markets and an improving economy are grim warnings of tough times ahead from a small cadre of doomsayers who warn that the worst of the financial crisis is still to come. Harry Dent, author of the new book The […]

Bonds Backed by Mortgages Regain Allure

By: Azam Ahmed, The New York Times Some Wall Street investors made money as the mortgage market boomed; others profited when it fell apart. Having reaped big gains during both of those turns, Greg Lippmann, a former star trader at Deutsche Bank, is now catching the next upswing: buying the same securities built from mortgages […]

Christie’s New Jersey Tax Cut Imperiled by Increase in Debt, Pension Costs

New Jersey Governor Chris Christie will say next week how he’ll pay for the first phase of a 10 percent income-tax cut for the second-wealthiest U.S. state’s residents even as he deals with as much as $ 1.3 billion in higher costs for pensions and debt. Christie, a 49-year-old Republican who’s set to deliver his […]

Christie’s New Jersey Tax Cut Imperiled by Increase in Debt, Pension Costs

New Jersey Governor Chris Christie will say next week how he’ll pay for the first phase of a 10 percent income-tax cut for the second-wealthiest U.S. state’s residents even as he deals with as much as $ 1.3 billion in higher costs for pensions and debt. Christie, a 49-year-old Republican who’s set to deliver his […]

America’s Sham Economic Recovery

The Intel Hub By Stephen Lendman February 12, 2012 Official government data are manipulated. Credibility’s entirely lacking. Reported good news is hype. Grim underlying reality is suppressed. The monthly Labor Department jobs report is typical. Progressive Radio News Hour regular economist Jack Rasmus calls the latest January one “largely statistical legerdemain.” A reported 243,000 nonfarm […]

Bernanke urges action to heal housing markets

Federal Reserve Chairman Ben Bernanke on Friday issued a call to action to restore U.S. housing markets, saying depressed house prices and sales are a serious drag on the economic recovery. “The state of housing has been an impediment to a faster recovery,” he told a home builders’ conference. “We need to continue to develop […]

Tea party candidate who nearly ousted Giffords in 2010 in race to replace her

By BOB CHRISTIE, Associated Press – The Republic PHOENIX — The Republican who nearly ousted Rep. Gabrielle Giffords in 2010 has officially joined the race to replace her. Jesse Kelly came within 4,200 votes of defeating the Democrat during the year the tea party led the GOP to a House of Representatives takeover. He vowed […]

Stocks Gain as Dollar, Treasuries Fall on Manufacturing Recovery Outlook

By Michael Shanahan and Rita Nazareth, Bloomberg.com Stocks (SXXP) rose, erasing a four-day drop in U.S. benchmark indexes, while the dollar and Treasuries fell on signs global manufacturing is strengthening. Silver and aluminum led commodity gains, while natural gas slid. The Standard & Poor’s 500 Index added 1.2 percent to 1,328.38 at 12:58 p.m. in […]

Stocks Gain as Dollar, Treasuries Fall on Manufacturing Recovery Outlook

By Michael Shanahan and Rita Nazareth, Bloomberg.com Stocks (SXXP) rose, erasing a four-day drop in U.S. benchmark indexes, while the dollar and Treasuries fell on signs global manufacturing is strengthening. Silver and aluminum led commodity gains, while natural gas slid. The Standard & Poor’s 500 Index added 1.2 percent to 1,328.38 at 12:58 p.m. in […]