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The National Federation of Independent Business (NFIB) stole a march on the Obama Administration this morning by filing a petition with the U.S. Supreme Court appealing the 11th Circuit’s Obamacare decision. The Department of Justice (DOJ) had announced on Monday that it was not going to ask all 11 judges of the 11th Circuit Court of Appeals to review en banc the August 12 decision of a three-judge panel of the 11th Circuit that found the individual mandate unconstitutional. This opened up a path to an appeal by DOJ to the Supremes. However, with this petition, the NFIB jumped ahead...

Gary Shilling: The Economy Is Slowing, Yields Will Plunge, Deflation Is Coming And Stocks Are Headed Lower Joe Weisenthal Sep. 28, 2011, 3:21 PM Stiff drink alert. Here are highlights of Gary Shilling appearing on Bloomberg TV. (Click here to watch the full video.) -------------- Schilling on how much further the 30-year Treasury bond yield could fall: "I think [the 3-year Treasury bond yield] might go back to 2.5%. That's where it was at the end of 2008 in the aftermath of the Lehman Brothers meltdown. That's my target for now. I think we are looking at deflation. As I...

Presumptive Republican presidential nominee John McCain may announce his choice for a running mate earlier than expected, sources told FOX News on Monday. McCain had previously said he would announce his vice presidential pick on Friday and would appear with that individual at a rally in Dayton, Ohio, following the announcement. Friday is McCain’s 72nd birthday. But sources close to McCain’s campaign told FOX News that his decision may come sooner than that — possibly on Thursday, when Barack Obama accepts the Democratic nomination at Invesco field in Denver, Colo. McCain campaign spokesman Tucker Bounds diminished the news. “I wouldn’t...

Mike Huckabee won the first of 21 GOP contests on Super Tuesday, pulling out a victory in the West Virginia Republican convention even though Mitt Romney won the first round. The convention had to go into a second round of voting Tuesday after no candidate took a clear majority. Texas Rep. Ron Paul was knocked out in the first round, but Huckabee, Romney and John McCain moved forward.