The unrest in Egypt has sparked concerns for the economic stability of markets around the world. Egyptian economist Salah Al Desouky said his country’s economy has not been able to withstand the ongoing political turmoil. Banks are closed and production at factories has stopped. Some foreign companies are getting their employees out of Egypt, and [...]

Space shuttle Discovery’s team are preparing for an upcoming launch. The space shuttle’s planned move to the launch pad 39A from the Vehicle Assembly Building (VAB) will take place on Monday, Jan. 31. The Discovery’s International Space Station final flight, the STS-133 mission, is scheduled for February 24, 2011, before it enters retirement. NASA engineers at [...]

President Barack Obama on Tuesday delivered a State of the Union, which addressed the nation on the focus of compromise; America is enduring greatness and the shared values of all lawmakers. With Democrats and Republicans sitting among each other as described as “Date Night”, displayed a sign of bipartisan communion. Obama told the new Republican [...]

The Internal Revenue Service is letting anyone who files an itemized tax return know that they cannot submit their paperwork until February 14, 2011. The announcement affects many US workers, including almost anyone who has a mortgage, file Schedule A or Form 8917 on the day many will celebrate Valentine’s Day. The IRS said last [...]

NASA’s Kepler spacecraft announced its first earth-sized planetary discovery outside this solar system. Planet Kepler-10b, is the smallest planet discovered that is not apart of our solar system. Data gathered by the spacecraft over a nearly eight-month period, gauged size of the rocky exoplanet at about 1.4 times the size of Earth. Kepler-10b orbits its [...]

Its official, Verizon announces it will begin selling iPhones in early February. COO Tim Cook of Apple was on-hand for the announcement, joined by Verizon Wireless CEO Dan Mead. Verizon, the nation’s largest cell phone company announced Tuesday, that the Apple iPhone will soon be available to its customers. It will be the first time [...]

The last unemployment report of 2010 brought mixed signals for how the economy might perform in 2011, but economist seemed to agree that while improvements will be slow more people would be working in 2011 than they did in 2010. The report released Friday indicated the unemployment fell to 9.4 percent in December 2010, its lowest [...]

Taking over control in the U.S. House after four years in the minority, Republicans vowed to cut spending by $50 to $60 billion, shrink the deficit and put the American people in charge. “The people voted to end business as usual, and today we begin carrying out their instructions,” said newly elected House Speaker John [...]

Residents in the town of St. George in Australia faced evacuation as floodwaters threatened to overtake the area. Residents were put on high alert following a weather bureau advisory of its risk of flood for the location. Officials in the town of St. George spent much of the town preparing for the worse. The hospital [...]