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  • Need more positive signs before scaling back stimulus, says Bernanke Need more positive signs before scaling back stimulus, says Bernanke

    WASHINGTON - Chairman of the Federal Reserve, Ben Bernanke Wednesday said it was too soon to scale back the monetary stimulus and the central bank needs to see further signs of traction before taking a decision. A decision to scale back the $85 billion in bonds the Fed is buying each month could come at one of the central bank's "next few meetings" if the economy looked set to maintain ...

  • US delegation to urge labour reforms in Bangladesh US delegation to urge labour reforms in Bangladesh

    DHAKA - A high level US delegation led by the State Department's Under Secretary for Political Affairs Wendy Sherman will visit Bangladesh this weekend to press for a major overhaul of labour safety regulations following the nation's deadliest industrial accident, an official said Wednesday. The collapse of a nine-storey factory complex housing several garment units outside the capital last ...

  • GM recalls nearly 20000 new Cadillac SRX SUVs

    General Motors Corporation said it is recalling nearly 20,000 new Cadillac SRX SUVs for faulty wheel lug nuts, according to a Detroit News report. The Detroit automaker told the National Highway Traffic Safety Administration it is recalling 18,871 2013 SRX SUVs in the US and nearly 1,000 in Canada over concerns that a wheel could eventually fall off, reported Xinhua. GM has been investigating ...

  • Microsoft Surface Pro a device of many talents

    mystery press conference in Los Angeles on 19 June last year. Indeed, it was something of a shock, because for the first time, Microsoft was competing against its biggest customers: Windows PC suppliers such as Acer, Asus, Dell, HP, Lenovo, Samsung and ...

  • 3D Sensors Give Vision To CrashAlert App

    With the launch of XBox One on May 21, 3D sensing functionality remains in the spotlight. But even though it's primarily been associated with gaming, we are beginning to see 3D sensing take on new roles in robotics, digital signage, healthcare and the living room. 3D sensing is making its way into our every day lives whether we like it or not. A researcher and Post Doctoral Fellow at the ...

Movie Review

American Pie [DVD]

American Pie [DVD]

With the resurgence in teen comedies in the late 1990s (Can't Hardly Wait, She's All That, Never Been Kissed), it was only a matter of time before someone broke from the pseudo-John Hughes mold and took the Porky's route by making an unabashedly R-rated, sex-obsessed teen comedy. Well, if anyone had been waiting, the wait ended with the arrival of American Pie, ... ...

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  • Street Smarts Trump Book Smarts If You Want To Get Seriously Rich

    It's certainly possible to make yourself worth a few million dollars based solely on book smarts. A sensational accountant - a verifiable master in a particular corner of the tax code - can amass a personal fortune of this size. However, ramping up that expertise to make many multiples of those millions regularly requires street smarts as well. Considering the self-made super-rich (net ...

  • Tea Party Demonstrations And Homeland Security Another Non-event

    WEST PALM BEACH, FL - MAY 21: Kathy Schlechting (C) holds a flag during aTea Party Internal Revenue Service (IRS) demonstration on May 21, 2013 in West Palm Beach, Florida. Tea Party activists organized the protest against the Internal Revenue Service saying they improperly targeted conservative groups seeking tax-exempt status. (Image credit: Getty Images via @daylife) Conspiracy theories and ...

  • Does Asia Slump Signal US Correction

    : "I think I'd be more likely to be buyer than a seller. First of all, markets correct from time to time. That's natural whether it's in Japan or over here." "We want the Fed to taper because that means the economy is getting better," Keon added, saying the underlying economy is "stronger than people think" because the fiscal drag of the tax increases ...

  • How Jamie Dimon Kept the Chair

    JPMorgan Chase , was about to appear before an audience of investors and Wall Street analysts just one week before the bank's annual shareholder meeting.Tensions were running high at JPMorgan. Several large pension funds had called for chief executive Jamie Dimon to be stripped of his position as chairman of the board of directors. The move was backed by influential proxy advisors. The ...

  • Housing Hype Is Overblown Pros

    Housing is good but not great, and unlikely to fulfill Wall Street's expectations that it will be a leading force in a robust recovery, according to a group that is one of industry's most prominent voices. Despite data points that in some cases are at multi-year highs, Robert Shiller, Karl Case and David Blitzer believe there are multiple headwinds that will keep a lid on housing ...

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