Sarah Palin, the former governor of Alaska, has allegedly paid over $ $87,500 to various candidates she has endorsed during the last few months. Palin, who is regarded as a possible candidate for the 2012 Presidential elections is said to be favoring Conservative candidates like  Terry Branstad.  If Branstad wins, then he would be a good support for Palin in the nomination procedure of the 2012 presidential election process.
According to the campaign trail FEC data, the top receivers of donations from Palin includes Republican candidate Joe Miller, John McCain and …

The American Bankruptcy Institute (ABI) issued their report yesterday detailing statistics in the bankruptcy industry for the first half of this year.  The data shows close to record numbers of personal bankruptcy cases, 14% more than the same period last year.
According to ABI Executive Director Samuel J. Gerdano’s statement, this is directly attributable to “years of rising consumer debt and low savings rates”.   Coupled with the current high unemployment rate, the bottoming out of the housing market and continued low consumer confidence, bankruptcies are approaching the level they were when …

Obama reached Canada on Friday to attend the series of economic meetings held in Ontario. The meetings were mainly arranged because of the current economic crisis which has made the stimulus of many governments unbalanced. The public is, therefore, forcing the leaders to take measures to protect their country from the crisis.
On one occasion president Barack Obama said, “This weekend in Toronto, I hope we can build on this progress by coordinating our efforts to promote economic growth, to pursue financial reform, and to strengthen the global economy”.
Obama also added …

President Obama and top aides in the White House are calling on Congress to push through measures to help states in budget crisis, tax breaks for businesses and another extension on unemployment benefits in order to “spur job creation and build momentum toward recovery”.
White House advisor David Axelrod had said to Meet the Press, “We want to keep this economy growing faster.  We want to see an acceleration of job creation.  And we have to take some steps to continue in that direction.”
But not only the Republicans are becoming wary …

Forex trading is not new at all but the currency trading is getting easier each and every day. At least if you believe the new software forex “robots” that trade for you automatically. Basically you let a program control your whole real money account and you hope that it predicts the market in the right way.
The Forex trading softwares are easy to buy and their promises are hyped up quite often. “$500 to $1 million in only 12 month” one of the most famous forex trading robots claim to be …

Renewed concerns over economic recovery sees stock futures fall in early morning trading today.  The announcement by the Commerce Department that retail sales had dropped for the first time in 8 months triggered much of the concern.
Retail sales fell 1.2% for the month of May after economist had predicted a continuing increase of .4% despite a slowing down of growth.  After the stock market upbeat response yesterday due to positive global economic news, the drop today just highlights the fact that the markets are still extremely volatile.
After the unexpectedly weak …

New drivers looking for cheap car insurance quotes are in luck these days. Car insurance rates are the lowest in the last two years.
“This is great news for the growing number of savvy drivers shopping and comparing car insurance quotes,” says Rob Klapper, CEO, insurance.com.
The lowest annual car insurance rate in May 2010 dropped to $1,798 which compared to May 2009 is $73 cheaper ($1,871).
A problem occurs when people are only looking for the cheapest car insurance quotes on the market because it leads to many underinsured drivers on …

Gold has been seen as a safe investment whenever there are times of economic unrest and with the current turbulence in the global economy, gold futures are trading better than ever.  In past years, people used gold figured in US dollars as a hedge but with the anxiety over the European common currency, euro-denominated gold has continued to rise.
The European markets have been tense lately with worries about Greece, Spain and Portugal and their fiscal state.  With a warning today from Fitch Ratings about the UK, the European markets took …

Local governments in China are raising their minimum wages and factories are increasing salaries.  With economists predicting that China will allow the renminbi (Chinese currency) to appreciate against the US dollar, the manufacturing costs in China will be going up.
Still much lower wages than in the US or Europe, when the factory workers get more money then the costs of good will rise, as well.  These costs will have a ripple effect on the economy throughout the world and the end result will be rising prices of many consumer goods.
“For …

Speaking to workers at a Maryland garage, President Obama refers to May’s job gains as a hopeful sign to a better economy but he’s the only one to think so.
“This report is a sign that our economy is getting stronger by the day.  A lot of businesses that were hit hard during this downturn, they are starting to hire again.  Workers who were laid off are starting to get their jobs back,” he stated.
One does have to wonder where he gets his information since the report actually shows private sector …