US unemployment rate may rise to 10%: Moody's

Are the stimulus effects coming to an end ???

Krugman is speaking about the risk of a double dipp recession ...Should the Us follow Europe's path in imposing austerity in order to boost the economy ? ...Gus Faucher, director of macroeconomics at Moody's Economy.com, says the reason for the dip in US unemployment rate in June was because a lot of people have left the labour force. "But I think it is going to head towards 10 per cent by the end of 2010," he says.

Marijuana Charges Dropped Against Paris Hilton

AssociatedPress | July 02, 2010 Paris Hilton briefly appeared in a South African courtroom where charges of possession of marijuana were dropped. She was arrested at the World Cup game between Brazil and the Netherlands. (July 2)

Alleged spy hearings delayed 

Detention hearings have been delayed until tomorrow for three of the eleven alleged Russian spies who resided in Virginia. Patricia Mills' and Michael Zottoli's lawyers said that they had just received additional government information and wanted to postpone the hearings, while Mikhail Semenko had to wait until tomorrow to be assigned a public defender. The prosecution agreed and said they would seek an indictment in New York late next week.

When Pot Is Legally Sold for Profit

Going to Pot: How will government tax legal marijuana?

What Could You Get for $13 Trillion?

FBN's Gerri Willis breaks down what you can buy for the equivalent of the nation's debt.