(Washington, DC) — It’s the end of the road for the “Cash for Clunkers” program next Monday. The Obama administration is ending the popular initiative, which paid consumers up to 45-hundred dollars to trade in gas-guzzling vehicles for new, more fuel-efficient ones. Increased sales prompted General Motors to restart idled production lines, rehire workers and […]
VIA EURWEB: While folks continue to debate whether or not Michelle Obama should be wearing shorts, the First Lady finds she was announced Thursday as No. 40 on the newly-announced Forbes 100 list of most powerful women in the world. “Not only is she a First Lady, she’s the first African-American First Lady and that […]
VIA WJLA: WASHINGTON, D.C. – A new poll says that Americans, concerned over the future of health care reform and anxious about the growing federal budget deficit, are losing faith in President Barack Obama. The Washington Post-ABC News survey found that less that half of Americans – 49 percent – say they believe the president […]
VIA REUTERS: NEW YORK (Reuters) – Former New York Giants wide receiver Plaxico Burress pleaded guilty to a gun possession charge on Thursday and agreed to a two-year prison sentence in what the Super Bowl hero’s lawyer called an agonizing decision. Burress, 31, caught the winning touchdown in the Giants’ Super Bowl victory in February […]
VIA CNN: NEW YORK (CNNMoney.com) — The number of Americans filing for initial unemployment insurance rose last week, the government said Thursday, surprising economists. There were 576,000 initial jobless claims filed in the week ended Aug. 15, up from a revised 561,000 the previous week, the Labor Department said in a weekly report. A consensus […]
The “Cash for Clunkers” deal may be placed in “park” soon. The government is eyeing early September as the time to conclude to the program so dealers don’t continue promising rebates to consumers after the money runs out. Under the program, consumers get up to a $4500 rebate for their gas-guzzling trade-ins. Copyright © 2009 […]
Credit card holders get some new protections starting today. A new law forces banks to give clients at least 21 calendar days to pay monthly bills without fear of late fees. Consumers must be told at least 45 days in advance of any changes to their loan conditions including interest rates. Copyright © 2009 Metro […]
VIA BLACK AMERICA WEB: By Jackie Jones When Nikki Bravo’s niece, Isha, moved in with her last year, it was clear that a full academic schedule, coupled with an equally intense training program at The Washington Ballet School, would soon be overwhelming. With anywhere from two to four hours of training after school and on […]
VIA MSNBC: Republican will join education secretary, Sharpton on three-city ‘hope’ tour WASHINGTON – Education Secretary Arne Duncan is joining forces with two unlikely allies, the Rev. Al Sharpton and Republican former House Speaker Newt Gingrich, to push cities to fix failing schools. The trio will visit Philadelphia, New Orleans and Baltimore later this year. […]
VIA MSNBC: Sadly, drivers say, today’s cars just don’t measure up to wonders of old In a year when General Motors and Chrysler have taken a quick trip through bankruptcy court and are being supported with taxpayer dollars, this cruise had participants feeling more nostalgic than ever about their vehicles. With GM now pushing cars […]