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Surprising Increase in New Home Sales in September

With the economy in the doldrums, an ongoing mortgage crisis, and worries over recession, few analysts expected sales of new homes to rise in the last quarter. But surprisingly, there was a 2.7% increase nationally in the sale of new homes in September. Meanwhile, the median price of [...] [...]

Richest Americans Control More Wealth than Ever

Anyone living in the United States these days can simply look around and see that the income inequality gap appears to be widening between the wealthiest and poorest Americans. The Wall Street Journal is reporting that the richest Americans incomes have now risen to a postwar record, as [...]

Kentucky Blocks State Residents from Online Gambling Sites

On Thursday a judge in Kentucky ruled that all online gambling web sites must take immediate steps to block users from the state of Kentucky. The legal ruling has grave implications for the online gaming industry, and could be used as a precedent to block users from other [...] [...]

California Votes on High Speed Rail System

Advocates for a high speed rail system in California have been struggling for nearly 25 years to get funding from the State to “green light” the project. So far, the high speed rail consortium has always fallen short; but circumstances have changed and there is now a real chance [...] [...]

Bottled Water: Safer than Tap?

Conventional wisdom in the United States says that tap water is practically unfit for human consumption, but a new study authored by The Environmental Working Group suggests that many varieties of bottled water are no safer or “purer” than water straight from the tap in your kitchen. [...]