Independent voices from the TWT Communities

Yahoo's board of directors approved an offer to buy the ailing Tumblr company for $1.1 billion in cash.

As a Realtor in Orange County, California, Gary Thomas lives at the epicenter of the last decade’s epic housing boom and bust that is only now beginning to release the economy from its withering grip.

Sacramento Mayor Kevin Johnson said Friday that the deal to sell the Kings to a group led by software tycoon Vivek Ranadive has been signed.

In a key development that will help the U.S. export its vast energy resources, the Department of Energy on Friday approved an application for a liquefied natural gas (LNG) export facility in Texas.

President Obama borrows a lot of his ideas from his friends in Europe. The continent's Big Government welfare state is an inspiration for someone who thinks the cure for too much spending is more spending.

The Pentagon will ask Congress for about $79.5 billion for overseas combat operations next fiscal year, the lowest annual cost for the war on terror since 2005, as U.S. troops and their equipment start to come home from Afghanistan, officials and news reports said Friday.

Cisco Systems led the Dow Jones industrial average slightly higher Thursday after the technology company reported higher sales. Mixed corporate earnings and economic reports kept the major stock indexes flipping between slight gains and losses.

President Obama Thursday appointed Daniel Werfel as acting Commissioner of the IRS, moving swiftly to try to stem the controversy over the agency's targeting of conservative groups.

A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged.

The number of Americans seeking unemployment aid rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump comes after applications fell to a five-year low.
My husband and I have been small-business owners since 1983. In September 2010, we were audited by the Internal Revenue Service. The auditor told us that it would take one week to receive their findings. It wasn't until February 2012, a year-and-a-half later, that we received a letter stating that we owed the IRS money ("Boehner on IRS: 'Who's going to jail over this scandal?'" Web, May 15).
Despite all the promises of frugality in Washington, the newest version of the farm bill passed by the House boasts a pricetag near $1 trillion and manages to send plenty of subsidies back to influential special interests in lawmakers' home states.
Japanese car manufacturer Honda is returning to Formula One in 2015 as an engine supplier to the automaker's former partner McLaren of Britain.

U.S. builders broke ground on far fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But applications for new construction reached a five-year peak, evidence that the housing revival will be sustained.

U.S. manufacturers cut back on production in April as auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output. The weakness suggests economic growth may be slowing this spring.