China Central Bank Chief Warns on U.S. Debt: The comments Wednesday by People's Bank of China Gov. Zhou Xiaochuan came as the country's state media continued to condemn Washington over its debt problems, and as one of China's smaller credit ratings companies downgraded its sovereign rating for the U.S.
Apple has more cash than US govt : Keiser Report Video -
US company profits surge, even as economy slows: Of the companies in the S&P 500 list of large-cap firms which have reported their quarterly earnings to date, 72 percent have beaten analysts' forecasts, according to Standard & Poor's analyst Howard Silverblatt.
36% of Alabama's population on food stamps: 45.8 million people (obviously an all time record) living on foodstamps which amount to the whopping $133.80 per person (an increase of $0.54 M/M) and $283.65 (an increase of $1.29) per household.
Tycoons laughing all the way to the bank: It shows how a band of far-right Republican Tea Party extremists — financed initially by the billionaire Koch brothers — have managed to effectively take control of the U.S. political system and block the will of the American people.
How Recession Is Hastening the Wal-Martization of America: A new report finds that the vast majority of the jobs created in the so-called recovery have been low-wage jobs. That's a recipe for continued economic pain.
Wal-Mart Visits Drop as Products Fail to Draw: Wal-Mart stores had 82.8 million fewer visits through the first five months of the company’s fiscal year than a year earlier, says the memo, which was obtained by Bloomberg News.
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