As per to a financial report, the consumer spending of US has climbed up by a faster rate than expected of 0.4% in the month of July, as the consumers have saved less money of their earning. Meanwhile, the personal income has risen up by 0.2% which was less than the previous expectation of 0.3% by the economists of US.

The United States, which has hiked its US worker visa fee on Indian companies, has said that it is observing the impact of the hike on Indian firms.

State Department spokesman Phillip J Crowley expressed that the officials are ‘trying to understand the potential impact on Indian companies’ but no next step has been taken to address the concerns.

While depression is perceived as a peril only for a small period, the present work by the Federal Reserve regarding the financial policy has been termed to be on the correct track by various economic analysts.

Most of them have affirmed that according to the problems that the economy of United States is coming across at present, the measures taken by the Federal Reserve are very apt and correct.

The third generation of Amazon Kindle, the most famous e-book reader software and the newly released in the world, is hitting the markets with significantly lower price than that offered by the iPad. Although it has not been out for long but, according to the Company’s website, the product has been sold out. However, the Company is expected to provide the markets with a second shipment before the 17th of September.

US billionaire and philanthropist, Bill Gates' commitment to his tobacco control projects has been challenged by an Australian academic and anti-tobacco campaigner.

A poll was conducted by the University of Michigan C. S. Mott Children’s Hospital on children’s health. The results showed that obesity in children is a major problem in the United States. The situation is getting worse day-by-day.

The reason for having so many obese children in the country is that many children lead an unhealthy lifestyle and eat too much junk food and have become veritable couch potatoes.

Where there is will there is way, and this has been proven by people, who did not back out from showing their support towards a fight against cancer, since they braved it in the weakened economic setting and humid weather. The fourth annual Portland Relay For Life that took place on 13-14 August, reaped a whopping $89,869 in its fund raising event.