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Does GE Provide a Snapshot of the U.S. Economy?

At Issue: U.S. Economy
Is there a way to get a quick-read on the U.S. economy, for those who are time-pressed, and don't have time to review the latest economic reports from the U.S. Federal Reserve? Indeed there is: review the performance of diversified industrial giant General Electric (GE).
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Comic-Con 2011: Stars and Freaks Overrun San Diego

Comic-Con 2011: Stars and Freaks Overrun San Diego

Thousands of fans infiltrated San Diego this week for Comic-Con, the annual gathering of all things related to the sparling comic boom industry, bringing out everyone from Hollywood A-listers to zealous fans.
White House open to short-term debt extension

Obama Says U.S. 'Out of Time' on Debt Deal

President Barack Obama said Friday that time for negotiations had ended after House Speaker John Boehner broke off talks on reaching a deal to raise the federal debt limit and handle the United States' long term debts and deficits.
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Judge rejects Oracle damages estimate versus Google

A U.S. judge rejected Oracle Corp's claim for billions of dollars in damages from Google Inc for infringing on Java patents, a day after warning both sides they had taken unreasonable positions in a patent battle over the Android mobile system.
U.S. House Speaker John Boehner, R-Ohio

Debt Deal 'Not Close' Boehner says

House Speaker John Boehner, R-Ohio, said Friday there is no agreement in private on a debt deal and that negotiators are not close to an agreement. That left official Washington wondering, on a sweltering 100-degree day, if the talks have reached another impasse, of if Boehner is merely deploying that old beltway tactic of 'rhetoric for dollars'?
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Lehman trustee appeals $1.1 billion win for Barclays

The bankruptcy trustee for Lehman Brothers Holdings Inc's brokerage arm is appealing a February decision awarding Barclays PLC about $1.1 billion associated with Barclays' purchase of Lehman's North American unit at the height of the financial crisis.
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Feeling the heat on debt, earnings

New York City may be frying in near record temperatures but Wall Street has been feeling the heat for months. Wrangling over the debt ceiling and questions marks over corporate earnings mean markets are unlikely to get a break any time soon.
National Weather Service

Heat Wave: West Point Cadet Dies

An 18-year old West Point cadet died while participating in field drills on Thursday and the most recent heat wave might be to blame.
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Nasdaq ends up on chipmaker earnings

Investors poured into tech shares on Friday as promising chipmaker earnings and optimism a solution was on the horizon for the U.S. debt stalemate triggered a move into growth-oriented shares.
Delta

Top 10 Smartphones of 2010 that stole the show

Top 10 smartphones of 2010 include Apple iPhone 4, HTC EVO 4G, Samsung Galaxy S, Motorola Droid, HTC Droid Incredible, BlackBerry Torch, Google Nexus One, Nokia N8, HTC Desire and HTC HD7.

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