Fiscal cliff would drive the U.S. economy back into recession.

Fiscal cliff would drive the U.S. economy back into recession before end of 2013, a new report from the Congressional Budget Office said. Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs. Obama Fiscal Cliff Deal Risks Brush With Recession

HOPELESS: Suicide Rates Rise as Economy Falls

Suicide rates in the U.S. tend to rise during recessions and fall amid economic booms, according to study from..

Source: www.bloomberg.com

Greenspan: Economy May Be Undergoing 'Pause'...

Former Federal Reserve Chairman Alan Greenspan said the U.S. economy may be undergoing..

FANNIE AND FREDDIE tab 146 billion and rising

Fannie Mae and Freddie Mac took over a foreclosed home roughly every 90 seconds during the first three months of the year.

Credit Card companies slashing consumers balances...

Faced with no other choices, most credit card issuers are now slashing card holders balances, in hopes of making a profit...

Abu Dhabi Gives U.S. Hospital $150 Million

The government of Abu Dhabi is giving $150 million to the Children’s National Medical Center in Washington..

GM Rescinds White-Collar Pay Cuts

GM Rescinds White-Collar Pay Cuts Made In Spring

Obama’s Rise to Power Helps Fight Against Capitalism..

Michael Moore’s “Capitalism: A Love Story” premieres at the Venice Film Festival today..

California Economy Rebounding in July...

California Economic Activity Index shows a three point rise in July..

Get Real: U.S. Unemployment at 16%

According to 1 Fed Official, the real unemployment rate is at a startling 16%. Far exceeding what the public had originally been told..

GM now 'Government Motors'. Files BK

Administration officials said late Sunday the federal government would pump $30 billion dollars into GM..