Vote counting is underway in the U.S. state of Iowa following a key test for Republican presidential contenders seeking to challenge President Barack Obama in the 2012 election. Balloting for the “straw poll” took place Saturday in the city of Ames, Iowa. The poll is a mock election with no official standing. But it is […]
Voting Ends in Key US Republican “Straw Poll”
Posted August 13th, 2011 at 5:40 pm (UTC-5)
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Iowa Straw Poll a Test for US Republican Candidates
Posted August 12th, 2011 at 8:50 pm (UTC-5)
Republican Party candidates seeking to challenge U.S. President Barack Obama next November are in Iowa, the site of a highly-anticipated test vote. The so-called “straw poll” will be held Saturday in the city of Ames. On the ballot are nine candidates, including former Massachusetts governor Mitt Romney, the current front-runner in national polls; former House […]
US Health Insurance Mandate Suffers Setback
Posted August 12th, 2011 at 2:25 pm (UTC-5)
A U.S. appeals court has ruled that part of the Obama administration’s overhaul of the health care system is unconstitutional. A divided three-judge panel Friday struck down the provision of the law that requires all Americans to pay for health insurance by 2014 or face a penalty. In its decision, the panel wrote that the […]
US Serial Killer Sentenced to Die
Posted August 12th, 2011 at 1:00 pm (UTC-5)
The U.S. serial killer convicted of murdering 11 women and keeping their remains on his property has been sentenced to death. A judge in the state of Ohio issued the ruling Friday, affirming the recommendation from the jury earlier this week. Fifty-one-year-old Anthony Sowell was convicted last month of the murders, multiple counts of rape […]
US Retail Sales Advance, but Consumer Confidence Wanes
Posted August 12th, 2011 at 12:20 pm (UTC-5)
New reports in the United States give a mixed view of the national economy, with retail sales increasing last month, even as consumer confidence plunged to a 31-year low. The government’s Commerce Department said Friday that retail sales, a key barometer of the country’s economic health, increased in July by the most in four months. […]
US Mail Workers Facing Massive Layoffs
Posted August 12th, 2011 at 11:50 am (UTC-5)
The slumping economy and the increased use of email and smartphones is forcing the United States Postal Service to consider taking some drastic action. Draft proposals obtained by U.S. media Thursday and Friday show the Postal Service wants to get out of its existing union contracts and eliminate about 30 percent of its workforce over […]
After Credit Downgrade, US Borrowing Costs Actually Fell
Posted August 12th, 2011 at 10:55 am (UTC-5)
A new analysis shows that borrowing costs for the U.S. government have fallen, contrary to the prediction of some economic experts that they would markedly increase after the country’s credit rating was downgraded. A U.S. business news outlet, Bloomberg, reported Friday that the $72 billion worth of notes the government auctioned this week collectively carried […]
US Republican Candidates Square off in Iowa Debate
Posted August 12th, 2011 at 10:25 am (UTC-5)
Eight declared candidates for the U.S. Republican Party’s presidential nomination used a nationally televised debate Thursday to blast President Barack Obama’s economic record, while also aiming their rhetoric at each other. The debate at the Iowa State University in the city of Ames was staged ahead of a key straw poll, or test vote, at […]
US Stocks Advance in Early Trading Friday
Posted August 12th, 2011 at 10:00 am (UTC-5)
U.S. stocks advanced in early trading Friday — and European markets soared — at the end of a volatile week at exchanges throughout the world. Asian markets ended mixed. But share prices in Britain, France and Germany all jumped near the end of trading for the week. Earlier, France, Italy, Spain and Belgium each banned […]
US Retail Sales Advance Most in Four Months
Posted August 12th, 2011 at 9:10 am (UTC-5)
U.S. retail sales, a key barometer of the country’s economic health, increased in July by the most in four months. The government’s Commerce Department said Friday that consumers spent more on autos, furniture and gasoline last month, helping push retail sales up by one-half of one percent, following a slightly smaller increase in June. Consumer […]
