August, 2010
WikiLeaks scandals continue using disclosure of Central Intelligence Agency paperwork
The release of documents pertaining to the war in Afghanistan by WikiLeaks has been the cause of a great deal of controversy. Details that could endanger soldiers' lives will never be posted, insists WikiLeaks, but that does not mean all activity on the site has slowed to a crawl. Another release from the site is ...
Savings and investments hurt by low interest rates that help banks
U.S. consumers are cutting debt and trying to save more money. The Federal Reserve, in an effort to keep the economy from a double-dip recession, is keeping the benchmark rate of interest artificially low. Low interest rates having been helping many banks out. Banks are making a bit of money. The gap between what ...
Final set for brand new credit card guidelines curbs excessive past due fines
A year's worth of credit card reform concluded Sunday as the last set of new credit card rules was enacted. The latest rules limit late payment fees and other penalties. The Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009 began the reform project, which is now complete. One of the newest federal laws ...
New superbug threatens to make bacteria drug-resistant worldwide
A new superbug infection could become a global threat, thanks to Brits seeking out cheap face lifts in India and bringing home more than mementos. A new superbug infection could spread worldwide after infecting plastic surgery patients in south Asia who brought it home to Britain. One of the most powerful antibiotics available won't stem ...
Double dip recession looks more likely
Some economists look for the most optimistic signs, and others try to find the most negative signs. Economic data from the last few months leads some to think a double dip recession, where the economy falters, starts to recover, then tumbles again before bottoming out, is starting to become a real possibility. European analysts also ...
