March 29, 2017

Archives for February 2011

Wisconsin Protest Timeline and Facts

Since Monday, February 14th, protesters have demonstrated at the Wisconsin capital building against a state bill to remove the collective bargaining rights for most public-sector workers. Protesters have rallied around the clock, with hundreds camping inside the capital building for over ten days. Despite an order from Governor Scott Walker for protesters to leave the […]

New Home Sales Drop in January

During January, new home sales declined 12.6%, according to statistics released today [.pdf] from the Housing Department and Census Bureau. After an annual rate of 325,000 new homes sold in December, the annual rate for January totaled 284,000. In addition to this decline, new home sales were 18.6% less than January 2010, reflecting a visible […]

UK to Extradite Assange to Sweden

Today a UK Court approved the extradition of WikiLeaks founder Julian Assange to Sweden for allegations of rape and sexual assault. Despite this ruling, the matter is not yet resolved because Assange and his lawyers confirmed they will appeal the ruling. If extradited to Sweden, Assange could face up to four years in prison and […]

Death Toll Soars in Libyan Protests

Following the resignation of Hosni Mubarak in Egypt on February 11th, mass demonstrations have begun in other countries throughout North Africa and the Middle East. Civilians of Libya, Algeria, Yemen, Morocco, and Bahrain are protesting against the authoritarian leadership of their country. While demonstrators have died in each of these countries, Libya has had an […]

Negative Trend Persists in Home Prices

During December, home prices declined 1.0% in the twenty largest metropolitan cities, according to statistics [.pdf] released today from S&P. This marks the fifth consecutive month with a reduction in home values. Reductions occurred in nineteen of the twenty largest metro cities, with the greatest decline in Tampa, where prices dropped 2.6%. Eleven of these […]

Both Parties Propose Minor Budget Reductions

While Republicans and Democrats agree on the necessity for the federal government to spend less, the question that remains is how to spend less. Within the past week, each party proposed reductions to the federal budget. Republicans in the House passed a bill yesterday with budget reductions for the current fiscal year, while President Obama […]

Consumer Prices Climb in January 2011

US consumers continued to see higher prices for common goods in January. The consumer price index, which indicates inflation, rose 0.4% during January, according to statistics [.pdf] released today from the Labor Department. This marks the seventh consecutive month with an increase in the cost of goods. Since July, inflation totals 1.9%, reflecting the trend […]

Apartment Construction Soars in January 2011

During January, residential construction increased 14.6%, according to housing statistics [.pdf] released today from the Census Bureau and Housing Department. This is the greatest monthly rise in residential construction since May 2009 or in twenty months. Though, this monthly surge in residential construction was not due to the construction of new homes, but was instead […]