United States

For 2012, Signs Point to Tepid Consumer Spending

http://pix04.revsci.net/H07707/b3/0/3/0806180/573492465.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707American consumers are running out of tricks. As the weak economy has trudged on, they have leaned on credit cards to pay for holiday gifts, many bought at discounts. They are dipping into savings to cover spikes in gas, food and rent. They are substituting domestic vacations for international trips, […]

Austerity Reigns Over Euro Zone as Crisis Deepens

http://pix04.revsci.net/H07707/b3/0/3/0806180/111175477.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707%2CH07707 Europe’s leaders braced their nations for a turbulent year, with their beleaguered economies facing a threat on two fronts: widening deficits that force more borrowing but increasing austerity measures that put growth further out of reach.      Saying that Europe was facing its “harshest test in decades,” Chancellor Angela Merkel […]

When Investors Rush In, and Out, Together

http://pix04.revsci.net/H07707/b3/0/3/0806180/673570768.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707%2CH07707http://pix04.revsci.net/H07707/b3/0/3/0806180/363508993.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707It seems that anxious investors in these troubled economic times are seeking safety in crowds. The prices of stocks, bonds and a host of other financial assets, which in normal conditions more often than not move in a diversity of unpredictable directions, are increasingly surging up or down in lockstep. […]

Oil Prices Predicted to Stay Above $100 a Barrel Through Next Year

http://pix04.revsci.net/H07707/b3/0/3/0806180/329524110.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707%2CH07707 The United States economy managed to cope this year despite triple-digit prices for barrels of oil. The lessons may come in handy, economists say, because those prices will probably be sticking around.        With Iran threatening to cut off about a fifth of the world’s oil supply by closing the […]

Italy’s Borrowing Costs Drop Sharply at Auction

http://pix04.revsci.net/H07707/b3/0/3/0806180/19338825.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707%2CH07707http://pix04.revsci.net/H07707/b3/0/3/0806180/498452523.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%26DM_EOM%3D1&C=H07707LONDON — Italy’s short-term borrowing costs were halved Wednesday at an auction of government bills, easing the immediate pressure on the country’s economy. The sale of €9 billion, or $11.8 billion, of six-month Treasury bills was seen as the first post-holiday pointer to condition of the beleaguered euro zone.  Read […]

Consumer Confidence Rose More Than Forecast

Confidence among U.S. consumers rose in December to the highest level in eight months as an improving job market helped regain all the ground lost following the mid-year government budget battle and credit-rating downgrade. The Conference Board’s index increased to 64.5, exceeding all estimates in a Bloomberg News survey and […]

Jaguars Fans Show Up In Full Mustache Force To Support New Owner Shahid Khan

http://tampabay.sbnation.com/2011/12/5/2614506/photo-jaguars-fans-show-up-in-full-mustache-force-to-support-new by Brendan Porath • Dec 5, 2011 10:41 PM EST Philip Rivers lit it up at EverBank Field on Monday Night Football, but the most entertaining portion of the broadcast may well have been the “mustache montage” by ESPN. The mustaches were an homage and plea to new Jaguars […]