Time and time this graphs are always opposite. Consumer spending and cost of living is always on the raise but average income is always on the fall. To put it in simple terms the average Joe gets paid less than his father and his father got paid less than his grandfather, all this while cost of living got raising. How ... Read More »

Federal health authorities have significantly raised their estimate of the prevalence of autism in children, concluding in a new study of 8-year-olds that 1 in 88 has some form of the disorder. The analysis, based on a review of tens of thousands of health and school records in 14 states, was released yesterday by the U.S. Centers for Disease Control ... Read More »

A lottery win which can make you richer than Mitt Romney and Britney Spears in an instant! The world’s largest and a record lottery amount of $540 Million is all set to be drawn tonight in Atlanta. Buyers have lined up this week in 42 U.S. states, the District of Columbia and the U.S. Virgin Islands to purchase $1 tickets ... Read More »

MasterCard is investigating a security data breach at a US-based credit card processor. It is believed millions of credit card information might have been compromised. MasterCard is yet to reveal any details regarding the investigations. “As a result, we have alerted payment card issuers regarding certain MasterCard accounts that are potentially at risk,” the firm said in a statement to ... Read More »

Someone has stepped up, reporting to have witnessed last month’s shooting of Trayvon Martin, an unarmed 17-year-old whose death has sparked nationwide controversy. The witness detailed to CNN the Florida incident from what initially sounded like an argument to its fatal conclusion. “It would have to be starting with hearing voices, but not seeing, and then, after the voices, opening ... Read More »

Does this mean Obama is doing a good job ? Not really. The number of people seeking unemployment benefits has drastically fell last week, in fact it is the lowest in 4 years. Does this mean the job marking is improving ? What about the economy ? Well, everything seems to be in the sunny side. So, yes looks like ... Read More »

Swedish fashion retailer Hennes & Mauritz AB (HM-B.SK) Thursday reported first-quarter profit growth as it continued to lure customers with low prices, but its gross margin was hit by high cotton costs and increased markdowns due to the warm autumn weather. The world’s No. 2 fashion chain by revenue, behind Spain’s Inditex SA (ITX.MC), said its collections were received well ... Read More »