Secret of the Lusitania: Arms find challenges Allied claims it was solely a passenger ship: Her sinking with the loss of almost 1,200 lives caused such outrage that it propelled the U.S. into the First World War. But now divers have revealed a dark secret about the cargo carried by the Lusitania on its final journey in May 1915.
Gold Climbs Above $1,900 as Concern About Slowing Economies Stokes Demand: Bullion jumped 3.1 percent on Sept. 2, the most in almost four weeks, as data showed the U.S. jobs market stalled in August, fueling concern the country’s economy may be headed for a recession.
Bankrupt Banks: : Regulators close 2 Georgia banks; 2011 total is 70: Regulators on Friday closed two small banks in Georgia, boosting to 70 the number of U.S. bank failures this year.
Postal Service Is Nearing Default as Losses Mount: The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress takes emergency action to stabilize its finances.
In California, 3,300 state workers are on notice for layoffs: The state has warned nearly 3,300 California state workers this year that their positions may disappear as the government grinds through a slow-motion layoff process that aims to shrink government over the next few years.
How technology productivity kills jobs: Technology is all about productivity. Getting more things done, faster, cheaper, with fewer people. This has been called the "Jobless Recovery". Here is why.
U.S. Awash in Oil and Lies, Report Charges:The only reason U.S. citizens may be forced to endure a risky, Canadian-owned oil pipeline called Keystone XL is so oil companies with billion-dollar profits can get the dirty oil from Canada's tar sands down to the Gulf of Mexico to export to Europe, Latin America or Asia, according to a new report by Oil Change International released Wednesday.
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