Lisbon, PORTUGAL – Portuguese government bonds plunged following Jose Socrates’s step down as Portugal’s Prime Minister. The recent developments in Portugal has placed worry in Europe that the Portuguese government is in need of a large bailout, as much as $99 billion according to some estimates. Getting a bailout was something, that Prime Minister...
Read more »
Washington D.C. – The United States Congress has approved an $858 billion tax extension legislation, extending all Bush tax cuts for two years. The bill is going to get delivered to President Barack Obama’s desk for his signature this afternoon at about 4:00 p.m EST. Prior to the House voting 277-148 to get ultimate...
Read more »
DENVER - Over 20 states which designed brand new education guidelines in order to be competitive to get a share of the $3.4 billion “Race to the Top” education reform grant prizes were stopped in their tracks. While the eleven successful states as well as the District of Columbia go about spending their prizes,...
Read more »
The computer microchip manufacturer Intel stated today it’s raising its’ quarterly dividend by some 15% to 18 cents per share. Intel also stated that this could be its’ “best year ever.” Intel’s dividend equals approximately 72 cents per share on an annual basis. The dividends starts by being paid in first quarter of 2011....
Read more »
Santiago – An ancient galaxy makes a new record. The most distant point in the sky known to date. I has taken its’ light about 13.1 billion years to reach Earth, making it the oldest known thing found yet, in the universe. This galaxy may provide insight as to what the first stars were like...
Read more »
