Hamas Rockets Can Reach Tel Aviv

The Islamic Hamas movement in the Gaza Strip can now launch rockets capable of reaching the Israeli metropolitan area of Tel Aviv, Deputy Foreign Minister Danny Ayalon said at a Jerusalem briefing. “We know they have tried to, and have obtained missiles that reach 60 kilometers (37 miles),” Ayalon said today. “Tel Aviv and its […]

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Al Gore may become world’s first carbon billionaire

Former US Vice President Al Gore could become the world’s first carbon billionaire following his investments in green energy companies after anticipating the need to reinvent the way the world produces and consumes energy. Gore’s venture capital company has been investing to develop energy-saving technologies, which could make electricity grids more efficient. Last year, they […]

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$1.00 Homes and No Buyers!

STEVE RHODES The housing market is so bad you can’t even give away homes these days. Officials in suburban Barrington put three homes up for a sale at just a dollar a piece – a dollar! – and didn’t get a single bidder. A dollar! Let’s review: For less than the price of a CTA […]

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U.S. Home Price Rebound Already in ‘Bubble Territory’

Robert Shiller The gains in U.S. home prices in recent months may not be sustainable and increases in some areas of the country appear to be in “bubble territory,” an economist known for his property market expertise said on Tuesday. Robert Shiller, an economics professor at Yale University and co-developer of Standard and Poor’s S&P/Case-Shiller […]

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