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Do you own an Xbox 360? If so then there's a pretty good chance that your Xbox 360 has failed once, contributing to the absurdly high Xbox 360 failure rate which was announced in late April by NoFussReviews.com. The console failure rate survey found out what anyone who has a few friends with an...

Federal Reserve Chairman Ben Bernanke is set to speak Monday at an Economic Club of New York luncheon. But don't expect him to say anything that will cause the attendees to gag on their frisee. As much as American savers and U.S. trading partners are freaking out about the Incredible Shrinking...

It was a mixed week on the employment front: Initial jobless claims unexpectedly rose 11,000 to 531,000 for the week ending October 17, but continuing claims fell by 98,000 to 5.92 million, the U.S. Labor Department announced Thursday. Economists surveyed by Bloomberg had expected initial jobless...

The number of humans bit by sharks declined in 2008 and the leading shark attack researcher blames the recession. George Burgess, director of the International Shark Attack File, says sharks bit 59 people around the world in 2008, down from 71 the year before. Sharks bit fewer people not because...

For those who remember Mike Milken and the junk bond scandals of the 1980s, the mortgage crisis has a familiar ring. Although the general public thinks of Milken as an "insider trader," the bigger racket, as Ben Stein pointed out in the fantastically educational License to Steal, was more about...

We all know it pays to read the fine print when opening new accounts and doing business transactions, but many times I don't think we realize that not reading the fine print can cost us, even if the new account has to do with saving money. I read about a great example today on the Online Savings...