Latest News
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U.S. Home Prices Rise for First Time in Three Years (Courtney Schlisserman)
July 28 (Bloomberg) -- Home prices posted their first monthly gain in three years in May, a gauge of values in 20 major U.S. cities showed, reinforcing signs of stabilization in a market hammered by ...
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New Info: Goldman Really Was In Trouble (Matt Taibbi)
Joe Hagan’s new piece in New York magazine brings out a lot of excellent new information, but the most interesting from my point of view is his insight about the period after the AIG bailout and ...
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U.S. New-Home Sales Climb 11%, Most in Eight Years (Courtney Schlisserman)
July 27 (Bloomberg) -- Purchases of new homes in the U.S. climbed 11 percent in June, the biggest gain in eight years, underscoring evidence that the deepest housing slump since the Great Depression ...
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Surging Profit Estimates Signal 26% Rally for S&P 500 (Lynn Thomasson and Michael Tsang)
July 27 (Bloomberg) -- Analysts are raising U.S. profit estimates for the first time since credit markets froze two years ago, reducing valuations even after the steepest rally since the Great ...
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ADVISORY: World News Trust Launches New Site
July 26, 2009 (World News Trust) -- Those of you who faithfully follow the award-winning news blog World News Trust will notice this morning that it looks different! We've been working behind the ...
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World News Trust Wins P! Blogoswamp Award!
July 25, 2009 (World News Trust) -- World News Trust is the proud recipient of the ddjango.blogspot.com P! Blogoswamp Award for "Best Alternative News And Commentary." The Blogoswamps were awarded ...
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U.S. Stocks Rally, Dow Tops 9,000 for First Time Since January (Matt Townsend)
July 23 (Bloomberg) -- U.S. stocks rose, sending the Dow Jones Industrial Average above 9,000 for the first time since January, as EBay Inc., Ford Motor Co. and AT&T Inc. posted ...
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The NSA Is still Listening to You (James Bamford)
Bush went away, but domestic surveillance overreach didn't. It's now the law, and the ACLU is fighting back
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Tamil Death Doll 'Is 1,400 A Week' At Manik Farm Camp In Sri Lanka (Rhys Blakely)
July 10, 2009 -- Mumbai (The Times) -- About 1,400 people are dying every week at the giant Manik Farm internment camp set up in Sri Lanka to detain Tamil refugees from the nation’s bloody civil ...
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Global Systemic Crisis In Summer 2009: The Cumulative Impact Of Three Rogue Waves (LEAP/E2020)
As anticipated by LEAP/E2020 as early as October 2008, on the eve of summer 2009, the question of the U.S. and UK capacity to finance their unbridled public deficits has become the central question ...
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Bernard Madoff Sentenced To 150 Years In Prison (David Glovin, Patricia Hurtado and Thom Weidlich)
June 29, 2009 (Bloomberg) -- Bernard Madoff told a federal judge he had no excuses before a judge sentenced him to 150 years for masterminding the largest Ponzi scheme in history.
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