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Kristen Cavallari Engaged to Jay Cutler

Kristen Cavallari Engaged to Jay Cutler

The Hills actress Kristin Cavallari is engaged to Chicago Bears quarterback Jay Cutler. The pair announced their upcoming nuptials after a weekend in Cabo San Lucas during which Cutler presented Cavallari with a 5.2 carat diamond bauble. Cavallari and Cutler have been dating since last fall....

Crude Oil Exceeds $100 Per Barrel, Worst Case Scenario $220 Per Barrel Predicted

Crude Oil Exceeds $100 Per Barrel, Worst Case Scenario $220 Per Barrel Predicted

On Wednesday, February 23, 2011, the price of Benchmark West Texas Intermediate crude oil rose $4.59 to $100.01 dollars per barrel, with Nomura Securities predicting a "worst case scenario" rise in prices to $220 dollars per barrel. Today's rise of crude prices to over $100 per barrel exceeds...

Oil Prices 'Dangerous' for Global Economy

Oil Prices 'Dangerous' for Global Economy

A recent analysis of oil prices by the International Energy Agency revealed dismal data and concluded that oil prices are 'dangerous' for the global economy. The lead energy watchdog group found that oil costs for over 34 countries belonging to the Organization for Economic Co-Operation and...

 Mark Madoff Dead, Result of Suicide

Mark Madoff Dead, Result of Suicide

Bernie Madoff's forty six year old son Mark, was found dead due to an apparent suicide on the second anniversary of his father's arrest. The timing of Mark's death was nearly to the precise hour and minute of Bernie's arrest. Mark's wife, Stephanie, was in Florida when she lost contact with her...

Vatican Bank Money Laundering Allegations

Vatican Bank Money Laundering Allegations

The Vatican's bank, the Institute for Religious Works, is under severe scrutiny and facing money laundering allegations. Authorities seized 23 million euro ($30 million dollars) of the Vatican's assets in September 21, 2010 from a Vatican Bank based in Rom's Credito Artigiano SpA following an...

The Giving Pledge: Mark Zuckerberg and 56 Billionares Giving Away Fortunes

The Giving Pledge: Mark Zuckerberg and 56 Billionares Giving Away Fortunes

The Giving Pledge, created in June by Microsoft founder Bill Gates and investor Warren Buffett, has convinced over 57 billionares to give away at least half of their fortunes. Among the list of billionares who pledged to give away half of their wealth during their lifetime or after their death...

PayPal Suspends Wikileaks Donation Account

PayPal Suspends Wikileaks Donation Account

PayPal has suspended Wikileak's Donation Account following a breach of contract. On Saturday, December 4, 2010, PayPal issued a statement at the official PayPal blog which read: "PayPal has permanently restricted the account used by WikiLeaks due to a violation of the PayPal Acceptable Use Policy,...

Lin Mun Poo Arrested for Hacking Federal Reserve Bank

Lin Mun Poo Arrested for Hacking Federal Reserve Bank

Lin Mun Poo, a thirty two year old Malaysian citizen, was arrested for hacking the computer network at the Federal Reserve Bank. Poo had built a career of stealing information from and compromising financial institutions, major corporations, and even defense contractors and then selling or trading...

Eastern Livestock's $81 Million in Bad Checks to Farmers

Eastern Livestock's $81 Million in Bad Checks to Farmers

Eastern Livestock, one of the biggest cattle brokers in the United States, is under investigation by the U.S. Justice Department and the U.S. Department of Agrilculture. The investigation stems from multiple cattle farmers' and banking institutions' complaints that Eastern allegedly issued $81...

Global Agricultural Markets Face Inflation, Decreased Production

Global Agricultural Markets Face Inflation, Decreased Production

Inflation is rising as U.S. executives cut crop forecasts and issued warnings regarding global grain productions. The USDA issued a grain report on Tuesday which stated "combined production shortfalls and dramatic potential stock drawdowns mean a mich tighter supply picture than just a few months...