The Dow Jones Industrial Average hit 13,338 Tuesday, its highest since December, 2007. The S&P 500 added 16 points. Wall Street will remember May 1 as a great day.
NEWARK—Two Taiwanese nationals are charged for allegedly seeking to export sensitive U.S. military technology to China after federal agents investigating counterfeit goods smuggling uncovered plots to smuggle drugs into and sensitive defense articles out of the United States, officials announced Wednesday.
Europe is in recession. Britain’s Office for National Statistics confirmed today (Wednesday) that in the first quarter of this year Britain’s economy shrank .2 percent, after having contracted .3 percent in the fourth quarter of 2011.
One year ago on Sunday, an earthquake off the coast of Japan and the resulting tsunami triggered a month-long partial meltdown of the Fukushima Daiichi Nuclear Power Station.
STATEN ISLAND, N.Y. — Despite the austerity measures approved yesterday by Greek government leaders, and despite the bailout of Greek national debt offered in return by creditor banks and the European Union, Wagner College economics professor Mary Rose Leacy says that “Greece is going down — it’s just a question of when and how.”