U.S. risks joining 1933 Germany in default

by -NO AUTHOR- -- (BLOOMBERG) — Reneging on its debt obligations would make the U.S. the first major Western government to default since Nazi Germany 80 years ago. Germany unilaterally ceased payments more…

Forget shutdown, Bidens vacation at Camp David

by -NO AUTHOR- -- (WEEKLYSTANDARD) — Despite the government shutdown, Vice President Joe Biden is vacationing at Camp David this long weekend. He's joined at the Maryland retreat by his family, including more…

China calls for 'de-Americanized' world

by -NO AUTHOR- -- (TELEGRAPH) — The looming prospect of a US default on debt prompted China to call for the world to “de-Americanise”, amid warnings of a new global recession. In more…

IMF: U.S. debt-limit dance 'very concerning'

by -NO AUTHOR- -- (WASHINGTONTIMES) — The chief of the International Monetary Fund said Sunday the United States’ stalemate over spending and its debt limit is “very, very concerning” and has rocked more…

Hospitals cut thousands of jobs

by -NO AUTHOR- -- (USATODAY) — Hospitals, a reliable source of employment growth in the recession and its aftermath, are starting to cut thousands of jobs amid falling insurance payments and inpatient more…

Here's what's next in Washington showdown

by -NO AUTHOR- -- [ooyala code="1zY29wZjpGKVsCq0_NQOX3cEJG-zpYi1" player_id="29c9fd42b6564348812f1c7d4ff9252d"] A key Republican in the U.S. House says his party was successful in the recent stalemate with President Obama over the partial shutdown of the more…

Survivalist business booming

by -NO AUTHOR- -- (CBSNEWS) — MONTEBELLO, Calif. - There's nothing new about predictions that the end of the world is upon us. But there's plenty new about how some people are more…

This won't happen for another 79,000 years

by Joe Kovacs -- Move over Christmas. The big holiday buzz this year surrounds the convergence of two other major holidays, an event that won't take place for another 79,000 years. What's more…