NEW YORK

10 Arrested in Billion Dollar MTA Rail Road Scheme

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In a one of the largest schemes in MTA history, people were arrested on Thursday and brought up on federal charges in which hundreds of the Long Island Rail Road workers made false disability claims costing an estimated $1 billion.
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U.S. Federal Reserve

With Europe Plan in Place, All Eyes Turn to Fed

The ink is barely dry on European leaders’ plan to resolve the Greek / Europe debt crisis, and attention has already turned to the U.S. Federal Reserve. Is there enough liquidity in the global financial system or will Fed Chairman Ben Bernanke need to deploy more monetary stimulus to grease the wheels of commerce?
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States May Lose Big in Jobs, Funds If Medicaid Cut

Cutting Medicaid by 5 percent would cost U.S. states $14 billion and trigger job losses in the tens of thousands by depressing spending by states, hospitals, nursing homes, drug companies and others, a study said on Wednesday.
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Will Scott Olsen be Occupy Oakland's Mohamed Bouazizi?

Scott Olsen, a former U.S. Marine who completed two tours in Iraq, is in critical condition on Thursday, after being hit in the face by a police projectile during an Occupy Oakland protest Tuesday night. Will his injuries galvanize the Occupy movement?
Occupy Oakland protester Scott Olsen, a former U.S. Marine and Iraq war veteran, lies on the street after being injured during a demonstration in Oakland, California

Wounding of War Veteran Rallies Oakland Protesters

Doctors in Oakland, California, struggled on Wednesday to save the life of an Iraq war veteran who became a rallying cry for the Occupy Wall Street movement after he was badly wounded in clashes between protesters and police.
Northern lights

Northern Lights Take A Trip South

Millions across the U.S. were treated to a spectacular display Monday as the Aurora Borealis dipped south to the delight of spectators across 30 states. Stargazers as far south as Arizona, New Mexico, and Alabama caught the vivid red patterns of the northern lights, which arrived approximately eight hours ahead of schedule.
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NYSE Invokes Volatility Rule for Open

The New York Stock Exchange and NYSE Amex Cash Markets invoked Rule 48 on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with private banks and insurers to accept 50 percent losses on Greek bonds.
Herman Cain

Anti-Worker and Tobacco Lobbyist?: Smoking Ad 'Exposes' the Real Herman Cain

The name Herman Cain meant a disarmingly easy tax plan, some quick witticisms and a typical American success saga. Now that could be changing even as the Republican nomination race is changing gears. How about a pro-liquor Cain who lobbied hard for the tobacco industry and was so anti-worker that he lobbied against a hike in the minimum wage? Recent events have led to a really troubling twist in the tale, for the surprise package in the Republican bundle of White House seekers.

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