Today's Top Stories - July 30, 2014 


BEWARE THE BELL! U.S. stock-index futures pointed to a higher open ahead of the release of second-quarter gross domestic product (GDP) figures and the Federal Reserve's latest monetary policy decision More

European shares were mixed in morning trade as investors reacted to fresh sanctions against Russia and corporate earnings, while looking ahead to a monetary policy decision by the U.S. Federal Reserve More

Asian equity markets were mostly higher on Wednesday ahead of key risk events in the United States More

Asian Stocks Trade Near Six-Year High Ahead of Fed Asian stocks were little changed, with the regional benchmark index trading near a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia More

Brent crude oil steadied near $108 a barrel on Wednesday in a market that has been range-bound as ample supplies and political risk offset each other More

Gold was trading in a tight range below $1,300 an ounce on Wednesday, as investors nervously awaited the end of a Federal Reserve policy meeting to gauge the U.S. central bank's view on the economy and monetary policy More

Jobs? What Jobs? What? You Mean the Unemployment Rate isn't 6.1%? Peter Morici, economics and business professor at the University of Maryland raises serious questions about the accuracy of an unemployment rate of 6.1%; "The jobless rate may be down from its recession peak of 10 percent, but much of this results from adults, discouraged by the lack of decent job openings, having quit altogether. They are neither employed nor looking for work." More

IRS-GATE COVERUP CONT’D - - Calling IRS to accountability: Federal Judge Emmet Sullivan has ordered the IRS they must have an explanation how the IRS managed to lose sensitive emails which were sent by Lois Lerner from mid-2009 to mid-2011 The IRS must testify, under-oath, by the 10th of August explaining how the emails associated with the targeting of conservative groups managed to disappear into thin air More

US mortgage applications fall in latest week as refinancing applications dropped, an industry group said on Wednesday More

Argentina hours away from default; No deal is in prospect in Argentina's debt talks in New York as Wednesday night's default deadline approaches More

How Argentina’s Default May Trigger $29 Billion in Claims; By defaulting tomorrow, Argentina may trigger bondholder claims of as much as $29 billion -- equal to all its foreign-currency reserves More

Truck accidents surge: Why no national outcry? Fatal truck accidents are all too common—happening nearly 11 times every single day in this country on average, and killing nearly 4,000 people each year; On top of that, more than 100,000 people are injured every year in truck crashes. That's as bad as if a commuter jet crashed every single week of the year, killing everyone on board More

Twitter shares surge on user growth Social networking service Twitter reports a second-quarter loss of $145m but better than expected user growth, sending shares surging over 35% More

Bank of England bonus clawback plan; The Bank of England is expected to unveil on Wednesday a plan which may see rule-breaking bankers return bonuses up to seven years after being awarded them More

BP warns of Russia sanctions risk; Oil giant BP reports a rise in second quarter profits to $3.2 BILLION, but warns that further economic sanctions against Russia could affect its business More

OBAMACARE RIPOFF: Insurers Warned of Big Premium Increases, Requested and Received Expanded "Bailout" - House Oversight Committee releases a batch of correspondence, which paints a cozy picture of coordination and high stakes, high dollar back-scratching between the White House and insurance industry execs More

Patent workers paid to exercise, shop and do chores, investigation reveals; The probe by the Commerce Department’s inspector general More

McDonald's, not only franchisees, liable in worker complaints: can be held liable in complaints that the company violated employee rights, an official at the U.S. National Labor Relations Board said in a letter made public on Tuesday More

OBAMA LIES CONT’D: ENERGY RIPOFF AS ELECTRIC COST HIT ALL-TIME RECORD: YOU will remember that Obama promised to double the price of electricity as part of his war on coal, as well as his war on the U.S. as a whole (or is it "hole" to Obama?) More


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  Quote OF THE DAY   


If a 7 YO boy can be thrown out of school for saying his teacher's "cute," but hosting a sexual exploration or diversity class in grade school is perfectly acceptable ...... Then you might live in a country run by idiots


~Junius P. Long 

Julius P. Long




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