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Archive for November, 2008

FBI Warns of Possible Terror Plot Against New York City Subway During Holidays

Federal authorities are warning of a possible Al Qaeda-orchestrated terror plot against New York City subway and other transit systems during the holidays, FOX News has confirmed. The potential threat, described in an internal FBI memo as “plausible but unsubstantiated,” does not extend beyond the New York City area, sources told FOX News. But commuters [...]

New iPod Touch faster than iPhone 3G

Apple appears to have upped the processing speed of the iPod Touch in order to help it go after the portable-game market. Touch Arcade reports that the applications processor inside the second-generation iPod Touch unveiled in September is actually running faster than the processor inside the iPhone 3G, which runs at the same speed that [...]

Why I switched from Firefox to Chrome

Sorry if it sounds like I’m drinking the Google Kool-Aid here, but I switched from Mozilla Firefox to Google Chrome as my default browser for the very reason Google’s executives said we should: speed. Years ago, Firefox won me over chiefly with plug-ins, tabbed browsing, and some security advantages. But using Chrome removed a bit [...]

Gross Domestic Product Shows Economy Shrank by 0.5% in 3Q

WASHINGTON–The economy took a tumble in the summer that was worse than first thought as American consumers throttled back their spending by the most in 28 years, further proof the country is almost certainly in the throes of a painful recession. The updated reading on the economy’s performance, released Tuesday by the Commerce Department, showed [...]

Obama Promotes Fiscal Restraint, Big Spending

President-elect to lay out his budget belt-tightening vision and introduce Peter Orszag as his new director of the Office of Management and Budget. WASHINGTON — President-elect Barack Obama wants to project fiscal restraint even as his economic team assembles a massive recovery package that could cost several hundred billion dollars. A day after introducing the [...]