July 28, 2011

Wall Street is getting the jitters about whether the U.S. government’s credit rating will be downgraded as a deadline looms in the debt ceiling debate on Capitol Hill. Stock prices were broadly lower on fears that a credit downgrade and interest rate hike would further slow an economy that’s already been weakening this summer. Source Link

The nation’s biggest retailer is upping the ante to get a bigger share of the market for streaming videos. Walmart.Com is now offering many movies for online rental or purchase on the same day the titles are released on DVD. Walmart joins the likes of Apple and Amazon in the online pay-per-view market, but is not offering subscription plans for instant viewing like Netflix. Source Link

Does putting calorie counts on fast food menus lead to people eating less? A new study says it does, but only if you read the numbers. Researchers say about one in six fast food diners in New York City ordered smaller meals after checking the calories. In 2008, New York was the first city in the nation to require chain restaurants to post calorie counts on menus. Source Link