Business

Immigrants Fund Medicare and Social Security, Providing $115 Billion Surplus

Contrary to warnings from conservative think tanks like the Heritage Foundation, a new study shows immigrants pay far more into government services like Medicare and Social Security than they take out.

Target Alters Marketing Strategy To Include Hispanic Culture

The retailer has a new goal of widening its appeal among the Hispanic demographic, a demographic that is becoming increasingly relevant in business today.
Working women

Pew Study: Mothers Are Primary Earners in 40 Percent of American Families

Women’s wages are the primary source of income for a full 40 percent of American households with children under the age of 18, according to a new report by the Pew Research Center.

Immigration Reform Could Boost Housing Market, Says New Study

According to a new study, the passage of immigration reform in Washington would add about three million new homeowners to the real estate market and spearhead a recovery for the ailing housing sector.

Chinese Counterfeit Condom Ring: 4.6M Fakes Seized In Bust

After a lengthy investigation, authorities in China have broken up a counterfeit condom production ring, arresting dozens of people connected to the ring and seizing well over 4 million of the fake condoms, police announced on Tuesday.

8 New York Men Charged In $42 Million International Cyber Bank Heist

The United States government on Thursday arrested eight men from New York for their participation in an international conspiracy involving a high-tech theft ring that launched cyber attacks on financial institutions around the world, resulting in losses estimated at $45 million.
US President Obama With Mexico President Nieto

President Obama Travels To Mexico For Talks On Economic Growth, Immigration Reform And Other Key Issues

President Obama embarked Thursday on a brief trip to Mexico where he will meet with Mexican President Enrique Pena Nieto to discuss hot-button topics like economic growth, trade and security among other issues.

Mountain Dew Airs Racist, Insensitive Ad Produced By Tyler The Creator

Many critics are stepping forward to call this ad campaign one of the most outwardly racist efforts ever for a major brand.

Villaraigosa Announces Bike Share Program For Los Angeles

A new rental bike system is being developed for the city, and many people seem to be enthusiastic about its potential.

Congressional Sequestration Will Lead To LAX Flight Delays

Governmental budget cuts that have hit the FAA hard will be passed along to the consumer in the former of longer waiting times at the airport.

Gov. Brown Courts Chinese Funding For California's High-Speed Railway, But Is It Enough?

The controversial project for a high-speed rail system that would eventually connect Los Angeles and San Francisco is now hoping to get a boost from Chinese businesses.
Shopping

Consumer Sentiment: Spending Rises In U.S. To Unexpected Levels In March

New reports show that US consumers were unexpectedly more confident than economists predicted in March from the prior month as American optimism toward the economy has been on the rise.
Factory Smoke

US Manufacturing Growth Unexpectedly Slows in March, Continues to Expand Overall

The Institute of Supply Management has published its monthly analysis of the United States manufacturing industry, reporting an unexpected drop in growth from February's numbers.
Walmart

Walmart Targets Amazon, Goes After High-End Online Consumers

Walmart is apparently focusing online --- and wanting to move on up.
Berkshire Hathaway

Buffett's Berkshire Hathaway Gets 43.5 Million Shares in Goldman Sachs Without Cash

Warren Buffett's Berkshire Hathaway Inc. set to become one of the biggest shareholders in Goldman Sachs Group Inc. without any exchange of funds, Bloomberg is reporting.
Crocodiles

Crocodile T-Shirt Priced At $91,500 In New York City Store

Fashion can come at all cost, but $91,500 for a T-shirt is downright shocking!
For Sale

U.S. Home Prices Show Highest Year-Over-Year Gains Since Before Housing Bust

Home prices in the U.S. showed the biggest year-over-year increase in January since the summer of 2006, according to Standard & Poor's Case-Shiller home-price indexes.

Windows 8 Release Date & Features

On Oct. 26, Microsoft's Windows 8 will be available to people worldwide.
Venezuela presidential vote looks set for close finish

Venezuela presidential vote looks set for close finish

Venezuela's presidential election looked headed for a close finish on Sunday with President Hugo Chavez facing an unprecedented challenge to his socialist rule from a young rival tapping into discontent over crime and cronyism.
Hugo Chavez

Chavez's Socialist Rule at Risk as Venezuelans Vote

Hugo Chavez loyalists blew bugles in a wake up call for voters on Sunday as the Venezuelan leader faced the biggest electoral challenge yet to his socialist rule from a young rival tapping into discontent over crime and cronyism.
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