If an agreement isn’t reached in the budget battle, many investors worry the stock market could be in for a tumble next week.
With talk of a default and skyrocketing interest rates, financial advisors say they’ve had to calm more than a few clients fears this week. But it may not be as bad as it sounds.
Dennis Michels, Senior Investment Consultant at R.W. B
The UK supreme court announced this week that it was looking to recruit a couple of new judges (at salaries of £206,857). There is one immediate vacancy following the death of Lord Rodger last month, and there will be a further vacancy next April when Lord Brown retires. Who will get the jobs?
The advertisement points out that, by convention, the court and its predecessor have always had two judges from Scotland. There is no doubt that Rodger will be replaced by a fellow Scottish judge. Indeed, so keen was the court to ensure that at least two judges from Scotland were on the five-judge panels which heard various Scottish appeals while Rodger was on sick leave that it brought in senior Scottish judges to sit on a freelance basis.
One of them was Matthew Clarke, who became an appeal judge in 2008.
WASHINGTON – An intense endgame at hand, House Republicans waged an overtime struggle Thursday night to round up enough of their recalcitrant rank and file to pass emergency legislation to prevent a looming government default. Senate Democrats pledged to scuttle the bill — if it ever got to them — in hopes of forcing a final compromise.
As debate seemed headed toward an early evening vote, GOP leaders abruptly ordered an unexplained halt on the measure — which also would cut nearly $1 trillion in federal spending — and Speaker John Boehner summoned a string of Republicans to his office. Hours later, the situation was unchanged: Plenty of talk. No vote.
Asked what he and Boehner had spoken about, Rep. Jeff Flak
In June, I had the chance to attend a conference in Seattle of some of the smartest minds in America when it comes to monitoring drug abuse. While each gave a presentation about cities and areas across the nation, I found particularly interesting just one sheet of paper that they passed around.
Across the top of the page, various drugs — cocaine, heroin, other opiates, meth, marijuana and synthetics — were listed. In each column below, each expert from the cities and areas listed the current trends — up, down, or otherwise — for each drug.
Please take a look at the page. But I’l
Jalen Rose had a rough day Wednesday.
It began with a 20-day jail sentence for drunk driving in Oakland County and ended with a minor speeding ticket in Clawson.
While Rose was contrite and took responsibility for his actions, some critics believe District Court Judge Kimberly Small went too far when she sentenced Rose, who notched a 0.12 percent blood-alcohol level after crashing his car in March.
Small was already under the spotlight because of a recent report from the Detroit Free Press that identified her as one of the toughest judges in the nation for first time drunk driving offenders, who typically receive jail time only if their BAC tops 0.17 percent.
Several local supporters wrote letters to the court vouching for Rose, a Detroit native who is opening a local charter school in the fall, and the probation department did not recommend jail time.