U.S. Factory Output Drops in May, Second Fall in 3 months
U.S. manufacturing output contracted in May for the second time in three months, the latest worrisome sign the American economy could be cooling.
Contraction
Tough Economy Takes a Surprising Toll on Babies
A rocky economy could adversely affect newborns, according to new research published in the journal Epidemiology. And the impacts on their health and well-being could last a lifetime.
Ireland's Austerity Budget:
Not Likely to Avoid Default
Simply put, the losses Irish taxpayers will be forced to cover are larger than the nation's economy can support, even with the promised bailout. The EU and Irish political leadership's attempts to put a brave face on the crisis is no match for this crippling burden.
