May 18, 2013

Feds: Cartel-linked man arrested on NM dance floor


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ALBUQUERQUE, N.M. (AP) — Federal officials say a suspected drug trafficker affiliated with the deadly Sinaloa Cartel couldn’t dance his troubles away.

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Budweiser’s Buddy Cup is Facebook-enabled


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Facebook really is everywhere. Budweiser Brazil has announced the creation of a Facebook-enabled glass called the “Buddy Cup.” Here’s how it works: When two Buddy Cup-holding revelers toast each other by tapping their cups, they become Facebook friends…

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GDP 2.5% for Q1 2013


Read the original article at The Economic Populist

Q1 2013 real GDP came in at 2.5%   This is an improvement, from the stagnant economy GDP in the 4th quarter implied.   Government spending declines continue to be a drag on the economy and sucked out -0.9 percentage points from 1st quarter …

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Another mediocre GDP report: is this the new normal?


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The BEA released today its estimate of 2013 first-quarter real GDP, which grew at a 2.5% annual rate from the previous quarter. That’s below the average 3.1% growth rate since World War II, but better than the 2.1% average since the recovery began in …

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Fossilized bird egg sells at auction for more than $100,000


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A fossilized egg belonging to the largest known species of bird in history sold at an auction this week for $101,813. The Elephant bird (Aepyornis maximus) egg was sold as part of Christie’s “Travel, Science and Natural History” collection. The Elephant bird was the largest known bird in the world before going extinct sometime in [...]

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