With the possibility of America defaulting on a debt payment just days away, Americans are hoping for the best but bracing for the worst. Lawmakers are raising alarms. Some investors are scrambling to the safety of gold and foreign currencies. What would a US default mean for the American consumer? Here are five ways it would hit your pocketbook:
Are Americans really doing everything in their power to find work if they aren’t willing to leave the friendly fifty? The coming global talent crunch gives well-trained American workers an advantage. Work abroad awaits Americans willing to chase it down.
Thailand is set to place a woman with little political experience in charge in a transition of power that could soothe six years of political turmoil.
Greenpeace activists dressed up as climate change refugees before floating on a symbolic melting iceberg on the River Danube in front of the Parliament building of Budapest, Hungary. Greenpeace wants Hungary, hosting the six months rotating EU Presidency till the end of June, to push the European Union to reduce its CO2 gas emission by up to 30 percent.
How one woman used books to cope with her sister's death.
The Indian website 'I Paid a Bribe' asks people to post their encounters with corrupt officials. Now reformers in other countries are following its lead.
Jon Meade Huntsman Jr. wants his boss's job. President Obama’s former China ambassador declared his candidacy for the presidency on June 21. Dubbed “the Republican Democrats fear most,” the tall, handsome, cerebral former governor of Utah often draws comparisons to Mr. Obama, the very man he’s struggling to distance himself from. Will that, and his centrist views and Mormon faith, keep him on the margins of the Republican field?
Greece bailout talks involve a second rescue package roughly the size of the first. But Greece bailout could be delayed until July.
Seaman Quincy Fermer of the USS Carl Vinson hugs his Thiana after seeing her for the first time after disembarking from the aircraft carrier USS Carl Vinson in San Diego. The US Navy aircraft carrier from which the body of Osama bin Laden was buried at sea has returned to its home port in San Diego Bay.