Gold price set for worst 2-day loss in 30 years
Gold is headed for its biggest two-day drop in 30 years being below $1,400 per ounce for the first time since March 2011 in the wake of underwhelming Chinese growth…
Cypriot parliament approves ‘solidarity fund,’ allows capital controls
In a bid to secure an EU bailout, the Cypriot parliament has adopted laws creating a “solidarity fund” to pool assets as the basis for an emergency bond issue and…
Silicon Valley mulls creation of floating colony in the Pacific
Two American entrepreneurs have made plans to build a floating colony in the Pacific Ocean, where they will bring the world’s most intelligent scientists that are unable to attain a…
Obama: ‘There is no debt crisis’
The United States is roughly $17 trillion in debt, but President Barack Obama says there’s no reason to worry. Speaking with ABC News correspondent George Stephanopoulos this week, Pres. Obama…
Sequestration Cuts Medicare Reimbursement Beginning April 1
Newswise — The federal budget sequester went into effect March 1 after a lack of Congressional action to avoid the automatic spending cuts. Effective April 1, Medicare payments to hospitals,…
Dow Jones hits all-time high despite budget uncertainties
The Dow Jones industrial average has hit the highest intraday level in all of its history despite US budget uncertainties. The rally was fueled by reports about China’s plans to…
DHS Chamber Breakfast at MLCC
The Desert Hot Springs Chamber of Commerce met for its monthly breakfast at Mission Lakes Country Club on Wednesday, February 27, 2013. Guest speaker was Bob Schneider, owner and operator…
‘Sequester reflects Washington’s ugly political deadlock’
Poor Americans will be the first to suffer from the looming sequester budget cuts, Margaret Bogenrief of ACM Partners told RT. The harsh budget cuts are set to begin in…
Obama signs sequester bill
Austerity has hit the United States as President Barack Obama signed into law a directive ushering in significant cuts to federal agencies’ budgets and triggering the sequester that has been…
Burkmedia the Documentary… Hot Springs 50th Year Anniversary
Yes, us here at BurkeMedia Productions have just launched our new Kickstater! We want to do a documentary about the 50th incorporated year of our hometown, Desert Hot Springs! You can…
