Everyone wants a smartphone, especially muggers. Law enforcement officials are pressuring the industry to require "kill switch" technology.» Read More
To hear a member of Congress blame the Fed for not doing enough would be laughable if we weren’t living with the consequences.
With Congress in gridlock, Sen. Schumer essentially pleaded with Fed Chairman Bernanke to do something about the economy. "So get to work, Mister Chairman," Schumer said.
Sen. Chuck Schumer's disapproval of Eduardo Saverin's move to Singapore has led several commentators and pundits to praise Saverin for taking a stand against the U.S. tax code.
For years, big banks have paid hundreds of millions of dollars to a tiny Texas company to use a patented system for processing digital copies of checks, making Claudio Ballard, the inventor of the system, a wealthy man and the bank industry’s biggest patent foe. Getting fed up, the banks turned to their best friend in Congress. The New York Times reports.