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  • Fed decides to taper US stimulus in January

    The Federal Reserve announced Wednesday it would start tapering its massive stimulus program in January, giving a vote of confidence in the recovery of the US economy and job market. The Fed will buy $75 billion on bonds a month next month, down from…



  • Senate leans toward passage of US budget deal

    A bipartisan US budget deal looks increasingly likely to survive a crucial Tuesday test vote in the Senate, as Congress aims to end a legislatively miserable 2013 on a positive note. Members of both parties acknowledge the vote will be a close one but…


  • US stocks little changed ahead of Fed meeting

    US stocks were little-changed in early trade Tuesday, hours before the Federal Reserve begins a two-day meeting to decide whether to scale back its aggressive stimulus program. About 35 minutes into trade, the Dow Jones Industrial Average advanced 13…





  • Bitcoin has a dark side: its carbon footprint

    By Michael Carney On December 16, 2013Bitcoin may be making a few people wealthy, but it’s killing us all. The crypto-currency that’s caught the world by storm has a dark side: its carbon footprint. At today’s value of roughly $1,000 per bitcoin…


  • Google’s for-profit surveillance problem

    By Yasha Levine On December 16, 2013 “We know where you are. We know where you’ve been. We can more or less know what you’re thinking about.” “Your digital identity will live forever… because there’s no delete button.” —Eric Schmidt…