President Barack Obama said on Thursday he was confident the US economy would recover, despite new data showing unemployment at a 26-year-high of 9.5 per cent, which dampened hopes of a quick rebound.
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WASHINGTON - The Obama administration is planning to use the National Security Agency to screen Internet traffic between government agencies and the private sector, the Washington Post reported on Friday.
(SINGAPORE) Now that the economy is believed to have touched bottom, data watchers are on the lookout for signs that it is headed up, and not still floundering.
THE Internet almost ground to a halt last weekend after pop star Michael Jackson's death on June 25, as both the fervent and curious flocked to social web tools such as Twitter and Facebook for news.