Paul Longo

5 Flips | 1 Magazine | @paullongo82 | Keep up with Paul Longo on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Paul Longo”

The US is cutting its deficit faster than it ever has before

The latest US budget statement is due at 2 p.m. ET and is expected to show that the US deficit continued to decline in July, falling to a consensus -$90.5 billion. That’s still in the red, to be sure. But it’s worth noting just how sharply US deficits have been declining. Check out this chart from …

Economics

Road-legal flying car takes wing

<i>(Credit: Terrafugia)</i><p><b>At an airshow in Wisconsin, US, transforming flying car Terrafugia Transition took to the sky in its first 10-minute public demo</b> …

Flying Car

NFL Power Rankings: Where Do Things Stand at Start of Preseason?

Which team is the best in the NFL heading into the 2013 season?<p>The reigning Super Bowl champion Baltimore Ravens have undergone a dramatic makeover in the offseason, leaving their status at the top in question. Their competition in the Super Bowl, the San Francisco 49ers, have talent, but they are …

NFL

4 Reasons Why Millions Of Americans Are Leaving The Workforce

The unemployment rate only includes people who don't have jobs and are looking for work. A much larger swath of people — about 36 percent of U.S. adults — don't have jobs and aren't looking for work at all. That figure is higher than it's been in decades (and, conversely, the share of adults in the …

10 Crazy Red-Light Camera Cases

Photo ticketing of motorists creates extreme costs and nasty legal battles.<p><b>The Post Office Says What We All Wish We Could</b><p>In a Jan. 22, 2013 letter sent to both the city of East Cleveland, Ohio, and the company that operates East Cleveland's photo-enforcement program, Postal Service attorney …