A federal judge ruled Tuesday that Detroit, Michigan is indeed eligible for bankruptcy protection, giving the go-ahead to the once booming Motor City to move forward with plans to restructure more than $18 billion in debt. Amid reading excerpts from a lengthy decision of more than 140 pages, United States Bankruptcy Judge Steven Rhodes announced during Tuesday morning’s historic hearing that he... 

The area of the continental United States recorded the warmest year in its history, with 47 of 48 states having temperatures above the historical average, according to official information released on Monday (10th). The Director of the United States National Oceanographic and Atmospheric Administration (the acronym in English, NOAA) said the average temperature from January to August this year was... 

For the first time in US history, racial and ethnic minorities outnumber its white majority – white births make up fewer than half the children born in the country, according to the US Census Bureau. ­The new 2011 census, which was made public on Thursday, reveals non-Hispanic whites accounted for 49.6 per cent of all births in the 12-month period that ended last July. The minorities – Hispanics,... 

Current federal budget trends are capable of destroying this country. There is an instinctive conclusion among the American public that President Obama’s stimulus package has failed to create a sustained recovery. Unemployment has increased, not declined; consumers have retrenched; housing starts have crashed along with mortgage applications; and there is a fear that a double-dip recession may...