(Information on President Obama's back-to-school speech and the new 1 gigabit broadband Internet service added to the Hot Trends article.)
NEW YORK (
) -- "
" is a popular search item today as Americans sought to tune in to President Barack Obama's second annual back-to-school speech, which streamed live on the government's Web site.
Obama gave his speech at Julia R. Masterman Laboratory and Demonstration School in Philadelphia this year. The speech was shown in schools across the nation as Obama took the opportunity to speak directly to students.
President Obama after delivering his second annual back to school speech today, Sept. 14.
The president explained the importance of education and encouraged all students to appreciate the opportunity to learn and grow. He also pledged that the government will do its best in making sure that students are given the best education possible.
"Internet service" is a trending topic following reports that the city of Chatanooga, Tenn. has the fastest Internet service in the country.
EPB Fiber Optics, Chattanooga's municipally owned network, announced that it partnered with
to produce the only 1 gigabit broadband service in the nation.
"Chattanooga is light years ahead when it comes to providing ultra fast broadband," said Tom Edd Wilson, president and CEO of the Chattanooga chamber of commerce.
The EPB Internet service speed of up to 1 gigabit per second is more than 200 times faster than the average download speed.
"With access to the fastest broadband speeds in the United States, Chattanooga represents the next frontier in communications technology, with limitless potential for new applications for education, entertainment, health care, industrial development and more," said EPB president and CEO Harold DePriest.
The service is now available for residents and businesses in Chattanooga but could reportedly cost about $350 a month.
"Chase online banking" is a hot search topic today after the nation's second-largest banks' online service went down due to a technical problem.
"Our Web site is temporarily unavailable," reads a not on the Chase Web site. "We're working quickly to restore access. Please log on later."
Chase's telephone banking service and ATMs are working normally. Chase is part of
"Wireless plan" is a popular topic on the Internet today after
announced that it will
. The service will offer an unlimited talk and text plan available without a contract on T-Mobile's network.
The family plan will include one line for $45 a month with each additional line costing $25 per month. The plan will be sold exclusively by Wal-Mart starting September 20.
"Wal-Mart is known for great value and we're pleased to offer our robust network of nationwide coverage for Wal-Mart Family Mobile," said T-Mobile CEO Jim Alling. "This new service is an innovative approach, offering post-paid customers a low-cost alternative for unlimited voice, messaging, web and inexpensive international calling."
"Tax law" is a hot search topic on the Internet this morning following news that a new law proposed on Monday seeks to
extend the Bush tax cuts that are scheduled to expire
at the end of the year.
President Barack Obama's extension plan wouldn't preserve cuts for the wealthy however, which caused deliberation between the Republicans and the Democrats in the Senate.
During the House discussion, GOP leader John Boehner said that he would support Obama's plan to keep tax cuts for the middle class but not the wealthy if it was his only choice. However he made it clear that he supports extending the tax cuts to all wealth groups.
Senate Republicans have enough votes to keep the legislation from passing.
"Fracking" is a trending topic following reports that opponents to hydraulic fracturing, or fracking, are rallying outside the Environmental Protection Agency hearings today. The EPA is meeting to discuss the possibility of drilling for natural gas throughout Northeast America.
The hearings will take place in Binghamton, N.Y. at noon and at 6 p.m., and two more sessions are scheduled for Wednesday.
The EPA says that fracking technology is safe, however it still receives criticism. Fracking is the process of blasting a mixture of water, sand and chemicals into the ground to release natural gas.
Opponents speculate that this method could poison drinking water, but the federal government claims that there has been no instance in which water was contaminated.
The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.
-- Written by Theresa McCabe in Boston.
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