World-News

US banking giant JPMorgan Chase on Thursday announced a net profit of 4.8 billion dollars in the second quarter, up nearly 80 percent from the same period last year.

http://rawstory.com/rs/2010/0715/jpmorgan-profit-leaps-80/



Economic "Recovery" Showing New Signs of Losing Steam

Investors got a strong dose of sobering economic news Thursday as several key manufacturing indexes show that the recovery is losing steam.

http://www.cnbc.com/id/38258512



The U.S. Economy Is A Dead Horse And The American People Are Starting To Get Really Pissed Off And Frustrated

All our lives we have been taught that America is the richest and most prosperous nation on the planet, and that while there will always be times of "recession", things will always bounce back and be better than ever before. But this time things aren't bouncing back.

http://bit.ly/cDeydt



Banks repossess homes at record pace: RealtyTrac

Banks took control of 269,962 properties in the second quarter, up 5 percent from the prior quarter and a 38 percent spike from the second quarter of last year.

http://news.yahoo.com/s/nm/20100715/us_nm/us_usa_housing_foreclosures



Six bank failures bring 2010 tally to 96

Five more bank failures brought the total tally for the year to 96, according to the Federal Deposit Insurance Corp. on Friday.

http://www.marketwatch.com/story/five-more-bank-failures-bring-2010-tally-to-96-2010-07-16-1835260



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