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Occupy Wall Street protesters have been cropping up in cities around the United States and are making their debut on the global stage today. That’s according to requests on the web for supporters to start street protests everywhere from London to Rome. 
Thousands of iPhone fans lined up this morning (and some as early as 2 weeks ago) to take advantage of the new iPhone 4s, which went on sale today in the United States. With this being the first time that the iPhone will be released to more than one carrier, customers have an opportunity to save more money on their device.
Jobs’ iPhone 4S Is a Huge Hit
ATM operators have filed a lawsuit against MasterCard and Visa, accusing them of fixing prices. The suit, filed on Wednesday in federal court in Washington, D.C., claims that the credit card issuers forced ATM operators to sign contracts that control the fees they are allowed to charge card holders.
MasterCard & Visa Force Higher ATM Fees
As time progresses, the concern over the nation’s debt and plummeting employment opportunities continues to dominate the political scene. Multi-billionaire, Warren Buffett, has advocated that he and his fellow billionaires be required by Congress to pay higher taxes as a “shared sacrifice” in lifting the country from its deepening debt crisis.
The U.S. Senate rejected the jobs plan proposed by President Barack Obama on Tuesday night. This rejection comes only one day after a report was released warning lawmakers that failure to pass a job stimulus plan could result in 6 million Americans losing their unemployment benefits.
Senate Passes Jobs Bill by Too Few Votes
Unemployed Americans around the country are in danger of losing their unemployment benefits in 2012 if Congress doesn’t implement a job plan in time. According to a new report from the National Employment Law Project (NELP), as many as 6 million will lose their benefits next year without action from lawmakers.
1.8 Million to Lose Unemployment Benefits in January
New research has found that the median U.S. household income declined more in the two years after the recession ended than during the recession. The research, conducted by two former Census Bureau officials, revealed that during the period between June 2009 and June 2011, inflation-adjusted median household income dropped 3.5 percent further than during the official recession.
Household Income Drops 6.7 Percent Post-Recession
Retirement continues to be a concern for Americans who worry they won’t be able to maintain a comfortable standard of living after leaving their jobs. A national poll released on Thursday by Americans for Secure Retirement (ASR) revealed 88 percent of 800 registered voters are worried retirement will be a problem for them.
Retirement Moves to Forefront of America’s Issues
The mortgage world has had ups and downs over the past couple of days with mortgage rates dropping below 4 percent for the first time ever, while home ownership dropped to the lowest point in over 70 years. One bit of data would normally impact the other in a healthy housing market, which shows just how badly turned upside down the market truly is.
30-Year Fixed Mortgage Rates Drop Below 4 Percent
Image: http://www.guardian.co.uk/
Masses of protesters have been crowding Wall Street for weeks in Manhattan, speaking against economic inequality. Now the protests have expanded to the streets of Washington, D.C. with a new mission known as Stop the Machine.