Wondrous News » 9/11

Retail Sales in US Exceeded Forecasts in November

admin — Fri, 11 Dec 2009 14:19:00 +0000

BloombergDec. 11 (Bloomberg) -- Sales at U.S. retailers rose more than forecast in November, a sign consumer spending is gathering speed heading into 2010.The 1.3 percent increase followed a 1.1 percent gain the prior month that was smaller than previously estimated, Commerce Department figures showed today in Washington. Purchases excluding autos climbed 1.2 percent, also more than anticipated... Read more

Now guilty, Kilpatrick’s ex-deputy Kandia Milton to help FBI

admin — Fri, 11 Dec 2009 14:18:56 +0000

FreepFormer Detroit Deputy Mayor Kandia Milton, a childhood friend of ex-Mayor Kwame Kilpatrick, became the latest symbol of public corruption in the city, pleading guilty Thursday to bribery conspiracy in a $3.5-million city real estate deal.Milton is the first member of Kilpatrick's inner circle to be convicted in the ongoing federal probe of public corruption.He is also the first person close... Read more

US STOCKS-Futures rise as data on consumer eyed

admin — Fri, 11 Dec 2009 14:18:49 +0000

Forbes* Reports on retail sales, consumer sentiment on tap* Boeing ( BA - news - people ) says 787 Dreamliner test flight may come Dec. 15* Futures up: S&P 5.8 pts, Dow 53 pts, Nasdaq 7.5 pts(Adds details, quote, byline, updates prices)NEW YORK (Reuters) - U.S. stock index futures rose Friday as investors awaited data that could provide a look at the health of the consumer, including reports... Read more

Utah Mom’s Disappearance ‘Suspicious,’ Police Say

admin — Fri, 11 Dec 2009 14:18:48 +0000

FOXNewsThe disappearance of a missing Utah stockbroker and mother of two has turned "suspicious," police say.West Valley City Police Capt. Tom McLachlan said Thursday that no one will reveal where 28-year-old Susan Powell is and "she has not contacted us or anyone else we know about."Powell failed to show up at her job at Wells Fargo Financial on Monday. Her purse, cell phone and car all were... Read more

Mugabe opens Zanu-PF congress

admin — Fri, 11 Dec 2009 14:18:42 +0000

Al Jazeera EnglishRobert Mugabe, Zimbabwe's president, has condemned splits within Zanu-PF, saying internal fighting is tearing the party apart and emboldening its rivals.Mugabe opened the party's congress in the capital, Harare, on Friday, and addressed the party for the first time since it lost absolute grip of power and entered a unity government."The reason why we lost last year was because... Read more

US judge declares Swiss banker, lawyer fugitives

admin — Fri, 11 Dec 2009 14:18:41 +0000

sacbeeWEST PALM BEACH, Fla. -- A federal judge in Florida has declared a banker and lawyer from Switzerland who were indicted on fraud charges as fugitives from justice.U.S. District Judge Daniel T.K. Hurley signed the order against banker Hansruedi Schumacher and attorney Matthias Rickenbach on Thursday in West Palm Beach.Schumacher and Rickenbach are accused of helping rich Americans evade... Read more

Brown Defends Deficit Reduction Plan

admin — Fri, 11 Dec 2009 14:18:39 +0000

Wall Street JournalLONDON -- The U.K.'s deficit reduction plan is more "detailed" than those of most other countries, British Prime Minister Gordon Brown said Friday.Speaking at a press conference at the end of a European Council meeting in Brussels, Mr. Brown said he believes the markets understand that the U.K. must get the economy back to growth, as well as drive down its deficit over time."I... Read more

Live chat: Tony Grossi analyzes beating the Steelers at noon

admin — Fri, 11 Dec 2009 14:18:29 +0000

clevelandChat live with Tony Grossi today at noon.How did the Browns beat the defending Super Bowl champion Steelers for the first time in 13 games last night? Does Eric Mangini deserve another year solely based on beating Pittsburgh? What does this win mean for the rest of the season?Tony Grossi will be online for a special live Friday chat at noon to provide the answers and field your questions... Read more

China’s Consumer Prices Rise 0.6% Amid Recovery

admin — Fri, 11 Dec 2009 14:18:26 +0000

Wall Street JournalBEIJING -- China is moving out of deflation after nearly a year of falling consumer prices, a turnaround driven in part by changes in government policies that kept costs of oil, water and electricity artificially low.China's consumer price index climbed 0.6% from a year earlier in November, the National Bureau of Statistics said Friday, after declining every month since... Read more

House approves $447 billion omnibus spending measure

admin — Fri, 11 Dec 2009 02:26:47 +0000

Washington PostThe House voted Thursday to approve half a dozen spending bills contained in one large package, as the chamber races to complete its work before adjourning for the year.The $447 billion measure, which combines six appropriations bills, passed 221 to 202, with 28 Democrats joining all 174 Republicans present in opposing it. GOP lawmakers said the measure was overinflated and rushed... Read more