Senators
are giving up their July 4th vacation week in order to stay on the job
and work toward a compromise to raise the debt ceiling and agree on
federal spending cuts. President Obama said time is running out to raise
debt ceiling before the U.S. could face its first default in history
that in turn could throw world financial markets into turmoil. Source Link
Citing
the need for safety over convenience, federal regulators have
instituted a ban on the manufacture and sale of drop-side rail cribs.
The U.S. Consumer Product Safety Commission says the popular cribs
played a part in the suffocation or strangulation deaths of dozens of
infants over the past decade. Day care centers can continue to use the
cribs until the end of next year. Source Link
Owning
a home may not be the great investment that it was before the great
Recession, but it’s still an important part of the American dream.
That’s according to nine out of ten Americans questioned in a new poll.
But only about half now think that home ownership is a safe investment,
and the same number believe the government should be doing more to
improve the housing market. Source Link
