Commercial RE Loans Still Major Risk To Over 3,000 Banks Close to 3,000 banks are currently classified as having a risky concentration of commercial real estate loans, according to a recent report by the Congressional Oversight Panel (COP). All of them are small to mid-sized banks, already weakened by the financial crisis. details
Gas At $7 Per Gallon A Possibility As the national average of gasoline creeps to three dollars a gallon, economists are warning that high gas prices in the United States could slow the economic recovery. Other countries’ economies are recovering more quickly and increased production and activity is putting upward pressure on oil prices. details
So What's Next Taxing Trash The growing threat of a stealth tax on the rubbish we throw away was exposed by startling figures yesterday. details
Marine Killed By Opium Using Private Contractors The Pentagon confirmed late Tuesday that it is investigating the death of a 24-year-old Indiana Marine after he was shot to death in Afghanistan, allegedly by several US-paid private security contractors. details
11 Major Airports To Receive Body Scanners Eleven major airports will begin using body scanners to screen passengers as the Transportation Security Administration launches a plan to buy 1,000 of the machines over the next two years. details
