Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics

1) Define Income inequality.[2] 
2) Explain the reasons of Income Inequality.[8] 
3) Discuss the role of the Govt in the reducing income inequality.[12]

The Hindu : Opinion / Op-Ed : A crash course in all things debt ceiling

ABC of debt ceiling

Debt ceiling deadlock: Who will get paid?

Debt ceiling deadlock: Who will get paid?

U.S. Jobless Claims Fall Under Key Level

1) What are unemployment benefits? 
2) Discuss the reasons in the rise in the fall of unemployment benefits.[6]

America’s Credibility Is at Risk

Discuss the dangers to the world economy if US fails to service his debts.

HSBC to Slash More Than 10,000 Jobs: Report

1)Define unemployment.[2] 
2)Explain what type of unemployment will increase.[6] 
3) Discuss the effect of the workforce trimming on the banks profitability.[8]

Discuss the consequences of US default on the debt repayments.[12]

US Debt Ceiling: If US Defaults, Stocks Fall 30%, GDP 5%: Credit Suisse - CNBC

Lawmakers struggle to break stalemate in debt talks

Lawmakers struggle to break stalemate in debt talks

Q&A: Why has the US not agreed a new debt ceiling? President Obama says the US risks being tipped back into recession Continue reading the main story Related Stories Obama in debt deal crisis talks S&P warns of US rating downgrade

1) What is debt ceiling? [3] 
2) Discuss the impact of default of US Government on its loans.[12]

Damage Done: US Image in China Already Tarnished by Debt Fight - CNBC

Damage Done: US Image in China Already Tarnished by Debt Fight - CNBC

Debt Talks - Lawmakers Split, Markets Uneasy as Deadline Looms - CNBC

Debt Talks - Lawmakers Split, Markets Uneasy as Deadline Looms - CNBC