The US consumer index has plummeted to an all time low of 38.0, having begun based at 100 in 1985.  This reflects the hard times that have fallen upon the US consumer quite clearly, with the subprime mortgage crisis playing a large role.  A number of large corporations have also had rounds of layoffs.  Jobs [...]

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Senator and presidential hopeful Barack Obama will not be attending friday’s rallies, he will instead take a flight to Honolulu to visit his ailing grandmother, Madelyn Dunham.  She helped raise Barack until he went to college, so understandably she is very important to him.
It should be very interesting to observe how voters react to this.  [...]

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The NY Times has run a front page article detailing how the Obama campaign has been keeping Muslims at a distance.  Senator Obama has apologized for the events that spurred the article on a Fox News broadcast, which can be seen here.
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Some states have open their early voting systems, allowing voters to cast their votes either by mail or in person and avoid the long queues on election day.  Obama has begun campaigning heavily for these early votes, and will be holding a rally along with Hillary Clinton in Florida on Monday.  Obviously the keen voters [...]

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Colin Powell has endorsed Barack Obama for the White House.  Mister Obama has said he is “deeply humbled” by the support, with Senator McCain saying he is not surprised by the decision.  McCain has however got support for his own campaign from many previous secretaries of state such as Henry Kissinger and Alexander Haig.  Powell [...]

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Absentee ballots have been sent out in Rensselaer County (New York), with the name “Barack Osama” printed as one of the presidential candidates, a very unfortunate typographical error.  The elections office has apologised for the error, saying that it will not happen again.
One can’t help but wonder whether this was done on purpose, although since [...]

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Six central banks have recently announced a rate cut.  These include England, USA, China and Canda.  The rate cuts range between 27 and 50 basis points (where each basis point accounts for 0.01%, thus 50 basis points represents a drop of 0.5%).  This desperate move comes in order to stabilize global markets, and to stimulate [...]

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The second US presidential debate has been held, and again the polls seem to suggest it was very close, with CBS’ polls saying 35% of undecided voters thought it was a draw.  According to the same poll 39% thought Obama had won, and 27% McCain.
For the most part Obama seemed to stick to a similar [...]

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Republican running-mate Sarah Palin has accused Barack Obama of “palling around with terrorists” due to his association with a former radical (from the 1960s).  She was referring to Bill Ayers, who at the time was a member of a group called Weather Underground.  The group took credit for a few bombings, including an explosion at [...]

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The two running-mates have had their first (and only) televised debate.  It seems analysts are saying that neither of them won the debate as a whole, but that they traded blows on their own focus points.  Palin performed much better than was expected by many (judging by her Katie Curie interviews), however questions have been [...]

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