United Space Alliance, the main contractor for NASA, has sent layoff notices to 15 percent of its workforce. The layoffs, which take effect October 1, involve 902 workers in Florida, 478 in Texas and 14 in Alabama, said United Space Alliance spokeswoman Kari Fluegel. (Reuters) This must have come as a complete shock to the ... Read More

The most comprehensive financial regulatory law has been signed into law by President Barack Obama. The law received final approval from the Senate last week, and aims to reduce the type of risk-taking that helped contribute (if not cause) the global financial meltdown of 2007-2009. Many are curious to see how helpful this new law ... Read More

The United States Postal Services has proposed raising the price of first-class stamps by 2 cents, pushing the already exorbitant price of a single stamp to 46 cents. The increases would generate $2.3 billion in the first nine months of 2011, the service said today in a statement. Increases, which must be reviewed by Postal ... Read More

Great news everyone! The unemployment rate in the United States has gone down to 9.5%. Finally we are seeing job growth. Yes! Private employers added a smaller-than-expected 83,000 jobs in June, but the unemployment rate edged down to 9.5% as many workers dropped out of a labor market that remains very sluggish. (Los Angeles Times) ... Read More

In an article published Live Science, the topic of riches and happiness are discussed; however, this time it is not just anecdotal evidence that is used to make poor people feel better about their wretched lives. There is talk of the new analysis of a Gallup World Poll data, which seems to suggest that it’s ... Read More