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Commodities Prices Fall On Chinese Interest Rates Fears

Linda Young – AHN News Writer New York, NY, United States (AHN) – Commodities prices for precious metals, oil and agricultural raw materials took the hardest fall in 18 months on news that China might take steps to avert inflation. Prices of commodities futures fell by up to 3.8 percent on news that China’s central [...]

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Incoming Republican House Speaker Wants to Keep Tax Cuts

Tom Ramstack – AHN News Correspondent Washington, D.C., United States (AHN) – Rep. John Boehner said Wednesday he plans to use the new political power he would gain as Speaker of the House to continue tax cuts for middle-income and wealthy Americans. Boehner spoke at a press conference in the U.S. Capitol to update the [...]

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Google’s Holiday Gift to Airline Passengers; Free Wi-Fi Internet

Ayinde O. Chase – AHN News Editor Mountain View, CA, United States (AHN) – For the second year in a row Google is offering free Wi-Fi service in the skies during the holidays. Millions of passengers on AirTran, Delta, and Virgin America flights will have access to surfing the Web for free on flights between [...]

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Wall Street Retreats As Investors Turn To Gold

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – U.S. stocks fell slightly on Monday as hedge-seeking investors went for commodities and sent gold prices up to a record high of $1,403 an ounce. The Dow Jones Industrial Average lost 37 points or 0.3 percent to close at 11,407. Boeing [...]

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Germany, China Lead International Criticism Of Decision By U.S. Federal Reserve To Buy $600 Billion In Bonds

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – The decision by the United States Federal Reserve to pump $600 billion into the nation’s economy by buying U.S. Treasury Bonds has sparked international criticism led by Germany and China. China and Germany represent the world’s second- and fourth-largest economies respectively. In addition, [...]

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U.S. Worker Productivity Increases

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Increased productivity by American workers pushed down labor costs for employers in the third quarter, according to the U.S. Bureau of Labor Statistics (BLS). Labor cost reductions from employers squeezing more productivity from workers signals that inflation should stay low. Worker costs fell [...]

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LimeWire Ordered To Be Shut Down

Anne Lu – AHN Entertainment Contributor New York, NY, United States (AHN) – Peer-to-peer file sharing site LimeWire has been ordered to close down after a four-year battle with the music industry. A federal court in New York issued a permanent injunction against the P2P website last week. The decision to have the site shut [...]

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World Series TV Ratings Enjoy Monday Night Recovery

AHN Sports Staff San Francisco, CA, United States (AHN) – The World Series recovered from Sunday night’s TV ratings dip, registering a 10.6 overnight rating to topple ESPN’s Monday Night Football matchup between the Indianapolis Colts and the Houston Texans. FOX Spokesman Dan Bell reported Tuesday the World Series finale between the San Francisco Giants [...]

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Google Bans Sale Of Android Spying App

Windsor Genova – AHN News News Writer Menlo Park, CA, United States (AHN) – Google is not letting a handset application that spies on someone’s text messages be sold at its Android App Store. The Secret SMS Replicator developed by DLP Mobile to help lovers find out if their partners are cheating on them violates [...]

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Developing: U.S. On Alert After Inbound Packages Contained Explosives

Washington, D.C., United States (AHN) – American authorities say packages intercepted overseas contained explosives destined for the United States. President Barack Obama was alerted late Thursday night, according to the White House, and ordered security officials to be on alert. “Last night, intelligence and law enforcement agencies discovered potential suspicious packages on two planes in [...]

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