Venezuela's squandering of its oil wealth has left its economy in tatters while leaders merely blame the US. As more resource-rich nations learn to dodge the 'oil curse,' Venezuela can do the same.
A study examining teens' 'anti-social' text messages found that kids who 'talk the talk' also 'walk the walk.' While the study looks at the issue in a new way, the results are are nothing new, despite the dramatic headlines.
Retail sales rose 0.2 percent in August, half the rate analysts expected. Consumer sentiment falls, mortgage rates rise, and Obama administration denies report that it has picked a new Fed chairman.