Finance & Economics | WPN World People News

Median weekly earnings of the nation's 100.6 million full-time wage and salary workers were $753 in the second quarter of 2011 (not seasonally adjusted), the U.S. Bureau of Labor Statistics reported today.

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United States Attorney John E. Murphy announced that in El Paso, a federal jury convicted Dr. Anthony Francis Valdez, 57, on all charges in connection with an estimated $41 million fraudulent health care benefit program billing scheme. Dr. Valdez was the owner of the Institute of Pain Management with clinics in El Paso and San Antonio.

To complement the Obama Administration's launch last week of the Advanced Manufacturing Partnership, U.S. Secretary of Energy Steven Chu today announced a series of new manufacturing job training partnerships using the Department of Energy's National Training and Education Resource (NTER). DOE will be partnering with the Manufacturing Institute, an affiliate of the National Association of Manufacturers (NAM), the Ford Partnership for Advanced Studies, and Macomb Community College to explore opportunities to provide students with highly interactive and engaging materials in a variety of science, technology, engineering and math (STEM) areas, as well as virtual technician training. Partner organizations will be able to access the federal resources available through the NTER - an open-source, web-based, interactive learning environment - and be able to develop new training programs and materials.

A microfinance loan dispursement in Myanmar

Talk of Watergate and impeachment is again in the air in Washington, triggered by President Barack Obama's blatant and willful violation of the War Powers Resolution, and of the U.S. Constitution itself, with his Libyan War adventure. As Lyndon LaRouche has put it, Watergate II is in process.

In the weeks running up to the final vote on the Declaration of Independence back in 1776, the citizens of the American colonies held hundreds of town hall meetings, established new legislative bodies, and passed hundreds of resolutions demanding that their representatives in the Continental Congress act. While today's mobilization among our citizenry for restoring Glass-Steagall, which has been introduced into the House of Representatives as H.R. 1489, has not yet reached that level of intensity, that is the direction where it is headed, and not a moment too soon.

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Greek police unions, coast guards and firemen protest outside the finance ministry in Athens against the new austerity package.