A warning of deflation was announced by the President of the Federal Reserve Bank of St. Louis, James Bullard, because the U.S. economy has gotten so bad. The Federal Reserve has tried throughout the whole recession to prevent inflation from happening. The economy might be weakened by a Japanese style deflation if, as Bullard predicted, ...

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A competition among states for more than $ 3 billion in federal education reform grants is called Race to the Top. Wednesday, Secretary of Education Arne Duncan announced that 18 states and the District of Columbia as finalists within the competition's second round. Finalists for instance California convinced various school district to cooperate with ...

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Anna Chapman was the Russian spy who captivated America, but possibly there's a new spy from the Baltic States ready to take over. Anna Fermanova, a 24-year-old native of Latvia, has captivated Facebook enthusiasts and presumably stolen military-grade equipment. The New York Daily News writes that Fermanova presumably sent a Raptor 4X Night Vision Weapons ...

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Many individuals have died with the open violence in Kyrgyzstan which has created about 400,000 refugees and destroyed the budget the nation has kept. The nation's move toward parliamentary democracy – which has emboldened supporters of overthrown former President Kurmanbek Bakiyev and militants from Uzbekistan – has been at the center of clashes between ...

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The oil spill in the Gulf of Mexico 2010 became the target for Tropical Storm Bonnie as it pulled from the Bahamas Thursday . Oil spill containment and cleanup was brought to a standstill. BP was waiting for official word from Thad Allen, the federal director of the spill response about whether drill rigs, oil ...

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