Monday, Occupy The Ports (OTP) took to west coast shipping ports in an attempt to chip away at a notable investment banking company who's profits come through port terminal operations.
With the unemployment rate hovering at 9% and many Americans still out of work, Americans want a minimum wage increase to $10/hour. But is this really the right thing to do at this time?
Don't expect the unemployment situation in the United States to improve. An interesting chart created by CalculatedRiskBlog reveals that out of the eleven recessions since World War II, this one is not bouncing.
Today Russia and China announced that they will no longer use the US dollar for bilateral trade and instead use their own currency, their leaders said.
The US-China Economic and Security Review Commission (USCC) came before Congress today, to deliver a report detailing national security and economic revelations from the ongoing relations between the US and Republic of China.
Come next year, you may be surprised to see the cost of clothing being a bit more expensive. Since September, cotton prices have gone through the roof hitting 140 year historical highs.
After a 2 year economic slump, it looks like Las Vegas is turning around. The Nevada Gaming Board said today that gambling revenues increased 2.8% for September in what looks to mark the bottom for the beaten down city.
Don't look now but the price of crude oil is rising again and the future for the black gold commodity is looking higher. The December 2010 Nymex futures contract soared to a new 6 month high to settle at $88.48 a barrel.