Menu
Facebook, Google, Microsoft, Twitter, and ADL Announce Lab to Engineer New Solutions to Stop Cyberhate

Facebook, Google, Microsoft, Twitte…

New York, NY -  Face...

ADL to Challenge Justice Department Religious Liberty Guidance Calls it a “Roadmap for Discrimination”

ADL to Challenge Justice Department…

New York, NY- - The Anti-...

JWV Welcomes Greater Accountability for VA Employees

JWV Welcomes Greater Accountability…

The Department of Veteran...

Alice and Nahum Lainer Family Foundation Donates Transformative Endowment Gift to Sinai Akiba Academy

Alice and Nahum Lainer Family Found…

Los Angeles, California -...

Swiss Town Returns Painting Looted during World War II

Swiss Town Returns Painting Looted …

Following a lengthy legal...

PM Netanyahu welcomes US President Trump’s decision regarding Iran

PM Netanyahu welcomes US President …

​PM Netanyahu: President ...

Alona Barkat: Israeli inspiration taking the soccer world by storm

Alona Barkat: Israeli inspiration t…

​Alona Barkat, an Israeli...

Israel Innovation Authority will launch the second biotech incubator

Israel Innovation Authority will la…

In light of the success o...

Israel and Senegal announce end to crisis

Israel and Senegal announce end to …

​Israel will immediately ...

Statements by PM Netanyahu and US President Donald Trump

Statements by PM Netanyahu and US P…

​PM Netanyahu: I want to ...

Prev Next
A+ A A-

Business

Detroit’s Financial Slide Linked to Exodus of Auto Industry

Economists say Detroit’s population most likely will never reach its former peak. And if the city is to come back, it will need to redefine itself post-bankruptcy as something different than “Motor City.” Kane Farabaugh DETROIT — Its nickname is the Motor City, but many of the automobile factories that gave Detroit that moniker are now hard to find inside the city limits. Detroit’s financial crisis is linked to the exodus of its auto industry, as it failed to achieve the economic diversity that helped other cities avoid bankruptcy. At the height of Detroit’s boom in the mid 20th century,…
Read more...

Europe Agrees on How to Deal With Failed Banks

  Selah Hennessy LONDON — The European Union (EU) has moved one step closer to forming a long-heralded banking union after finance ministers agreed on a new deal for bank bailouts. Tthe deal came as European leaders meet in Brussels to hammer out Europe-wide policies. European Union finance ministers tried and failed to tackle the banking issue in negotiations last week but they finally struck an agreement in the early hours of Thursday morning. According to the deal, in the future, taxpayers will not take the first hit when struggling banks need a helping hand. Instead, the bank’s creditors and…
Read more...

Millions of US Students Face Higher Costs Unless Congress Acts

  Jim Randle Seven million low-income U.S. college students face higher costs unless President Barack Obama and both Democrats and Republicans in Congress reach an agreement by July. Many experts doubt the bickering politicians will act in time to prevent a doubling of the interest charged on education loans for students who need the financial help the most. This dispute comes as a college education is more important than ever to get good jobs, and college costs are soaring. About one-third of college students in the United States rely on low-cost loans that are subsidized by the government. Right now,…
Read more...

Stock Markets Watch Bernanke

  VOA News Top officials of the U.S. central bank are discussing how much and how soon to reduce their efforts to speed up economic growth. The chairman of the Federal Reserve will report their decisions Wednesday afternoon at 2:30 p.m. Ben Bernanke has previously said the bank will cut stimulus efforts if the unemployment situation improves further or inflation rises strongly. Stock markets have been very volatile as nervous investors try to guess what the Fed will do. Back in 2008, the Federal Reserve cut short-term interest rates to a record low level in a bid to boost economic…
Read more...

US Financial Concerns Recede as Economy Improves

  VOA News Just weeks ago, the political focus in Washington was on reaching a "grand bargain" on taxes and spending to cut the country's burgeoning debt, but now a string of events seems to have pushed the issue into the background. The U.S. government's debt is nearing $17 trillion, as its annual budget deficit topped $1 trillion each of the last four years. That prompted U.S. President Barack Obama and his key congressional opponents to start talks about curbing the deficit, reforming spending plans for popular government pension and health care plans for older Americans and altering the country's…
Read more...

Europe Hands 6 Nations a Deficit Reprieve

  VOA, Europe is giving six of its financially struggling countries, including the major economies in France and Spain, more time to control the deficit spending of their governments. Austerity - calling for cuts in spending and increased taxes - has been the dominant prescription in the last two years for European countries looking to rein in budget shortfalls. But with unemployment surging and the continent mired in an 18-month recession, the European Union on Wednesday softened its demands. The EU granted the Netherlands and Portugal an extra year to cut their deficits below the mandated level of 3 percent…
Read more...

Obama says IRS Problems Will be Fixed

  VOA News U.S. President Barack Obama says he did not know about abuses by tax officials who targeted conservative groups until a report into the affair was leaked to the press last week. During a White House news conference with visiting Turkish Prime Minister Recep Tayyip Erdogan, Obama said the minute he found out about it, his focus was about making sure the Internal Revenue Service problem gets fixed. The president added he has complete confidence in Attorney General Eric Holder, who has ordered a criminal investigation into the matter. Acting IRS chief Steven Miller was fired Wednesday because…
Read more...

US Housing Prices, And Confidence, Rise

  Mil Arcega New data shows the U.S. housing market strengthening. The S&P Case Schiller Home Price Index shows average home prices in 20 of the biggest US cities rose more than nine percent in the last 12 months. That's the biggest gain in nearly seven years. Analysts say it may be one of the reasons why U.S. consumer confidence is improving. Five years after the collapse of the U.S. housing market, Americans seem ready to buy again. Pending home sales are up 7 percent over last year, foreclosures are at a seven-year low - and the number of homes…
Read more...

Cyprus Approves International Bailout

  Selah Hennessy LONDON — The Cypriot parliament approved an international bailout Tuesday in a very close vote, with just over half of lawmakers voting in favor. The "yes" vote lines Cyprus up for a range of austerity measures. Of 56 lawmakers, 29 voted in favor of the bailout and 27 voted against. The approval secures a $13 billion loan from European nations and the International Monetary Fund. And, according to the Cypriot government, it saves the island from the threat of an imminent default on its debts. Tuesday's vote comes after more than a month of haggling over the…
Read more...
40% off 4 or more products. Enter code 40SPRING at checkout. Get a discount with a minimum purchase at PaulFredrick.com
Travel Deals to top Destinations. Get yours now

Sections

Jewish Traditions

About Us

Community

Cooperations

Follow Us