By Rand Paul
Obama acts as though we no longer have a Constitution
Stocks reversed an early rise on Wall Street Monday as traders returned to worrying about the European economy.
The Sportsman Channel says it's deeply saddened by the shooting death in northwestern Montana of one of its TV hosts who traveled the world in search of big game and shared his adventures on his program "A Rifleman's Journal."
Wall Street on Wednesday celebrated Congress' vote to prevent sharp tax increases from hitting the economy and causing a recession this year, with the Dow Jones industrial average surging by 308 points. But economic gurus warned that the deal falls short of solving the nation's huge debt problems.
The "fiscal cliff" took the stock market on a roller coaster Thursday. Small developments in the tense budget standoff yanked stocks back and forth throughout the day.
Even with ho-hum growth, the U.S. is starting to look like an outperformer in a world where Britain and the rest of Europe are in a double-dip recession, Japan is falling into what may be a triple-dip downturn, and some formerly robust emerging markets recently have slowed to a near-standstill.
The holiday shopping season got off to a strong start over the long weekend, with nearly 5 in 6 Americans making an appearance at the malls or visiting retailers online as rising spirits prompted an early hunt for bargains.
The stock market finally shook its post-election slump. Investors seized on hope that Washington will reach a deal on the federal budget and drove stocks to their biggest gain in two months. A pair of strong corporate earnings reports also helped.
The bungling of reports that powerful Britons sexually abused children has thrown one of the largest and most respected broadcasters in the world into a deep crisis.
The bungling of reports that powerful Britons sexually abused children has thrown one of the largest and most respected broadcasters in the world into a deep crisis.
It may have only been a bit of bad-mouthing typical of fans rooting for their home team, but former General Electric Chairman Jack Welch stirred up a hornet's nest of criticism from fellow businessmen and professional economists when he accused the White House of engineering a big drop in the nation's unemployment rate just a month before the presidential election.
Central Florida will have to sit out the postseason for a year in men's basketball and football under sanctions the NCAA handed down Tuesday, adding to penalties the school self-imposed after major recruiting violations were uncovered last year in both programs.
Fearing a financial rupture in Europe, investors around the world fled from risk Wednesday. They punished stocks and the euro, and the yield on a benchmark U.S. bond hit its lowest point since World War II.
A collection of worrying news out of Europe sent stocks sharply lower on Monday.
Irish character actor David Kelly, who played Grandpa Joe in "Charlie and the Chocolate Factory" and motorcycled naked in "Waking Ned Devine," has died. He was 82.
Europe still needs a long-term economic fix, said David Kelly, chief global strategist at J.P. Morgan Funds.
"If they're going to end up broke anyway," Kelly said, it will be "harder and harder for people to make the sacrifices that Europe is demanding of them."
