Oct 03 One-week shutdown will reduce 4th quarter growth The Committee for a Responsible Federal Budget assembled analysts' and banks' predictions of how the shutdown will affect GDP growth into what WonkBlog is calling, "How the shutdown hurts the economy, in one chart." "The consensus is… Continue reading
Oct 03 Members of hacker group Anonymous indicted A grand jury in the United States indicted 13 members of the hacker group Anonymous Thursday. The indictment charges the members of the group with "conspiracy to intentionally cause damage to protected computers" in reported cyber attacks against… Continue reading
Oct 03 Chase from White House to Capitol ends in gunfire By BRADLEY KLAPPER and LAURIE KELLMAN WASHINGTON -- A woman driving a black Lexus tried to ram through a White House barricade Thursday, then led police on a chase that ended in gunfire outside the Capitol, witnesses and officials said. Continue reading
Oct 03 Whose #shutdown is it anyway? Day three of the #BoehnerShutdown. Day three of the new @Obamacare marketplace providing health insurance options to millions.— Barack Obama (@BarackObama) October 3, 2013 While politicians loft harsh words about the federal government shutdown through… Continue reading
Oct 03 Shutdown impacting enforcement of sanctions against Iran Under Secretary of State for Political Affairs Wendy Sherman warned Senate lawmakers the government shutdown is impacting the enforcement of crippling economic sanctions against Iran. She testified before the Senate Foreign Relations Committee. "Let me assure you that we… Continue reading
Oct 03 Twitter Chat: The Value of Internships Photo by Flickr user Adam Fagen As internships become more prevalent in the workplace, there has been debate over their value. PBS NewsHour economic correspondent Paul Solman recently talked to some former interns about the worth of their… Continue reading
Oct 03 France’s proposes ‘anti-Amazon’ bill to protect local bookstores Lawmakers in France are supporting a bill that restricts online retailers like Amazon from offering deals such as a 5 percent discounts and free deliveries. The legislation responds to 3,000 independent bookstores who say they can't compete with… Continue reading
Oct 03 Treasury warns of catastrophic consequences if debt ceiling isn’t raised Photo by Flickr user Tyler Merbler The U.S Treasury warns that a failure to raise the debt ceiling would have devastating economic consequences that could lead to a recession as severe, or worse, than the events of 2008. Continue reading
Oct 03 Putin pushes for expanded Russian presence in Arctic Russian President Vladimir Putin said Thursday that Russia will expand its presence in the Arctic, stating it was essential for the economic and security interests of the country. Continue reading
Oct 03 ‘Poop pills’ may be key to curing gut infections The headline may have made you gag, but the unappetizing product may be a practical solution to a serious medical problem. Doctors have discovered a way to take the stool of healthy people and put them into pills that… Continue reading