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Ben Bernanke will probably be confirmed to a second term as Chairman of the Federal Reserve in the next few days. But opposition to his nomination has emerged on both […]
Today’s interviews with Congressman Barney Frank and Senator Richard Shelby mark the final installment of What Went Wrong?, Big Think’s series on the financial crisis. Over the past few months, we sat […]
Rupert Murdoch’s News Corporation and now the New York Times have publically announced plans to make readers pay for online content, but not everybody is following suit…not yet, anyway. Alan […]
Britain is out of recession. It’s official. The UK Treasury today confirmed what the Government had both predicted and hoped for, that the deepest recession since the 1930s is over. […]
China has accused America of “hypocrisy and initiation of cyberwarfare against Iran” in response to criticism by Hillary Clinton of countries that censor the internet and engage in hacking.
Brad Pitt and Angelina Jolie’s adopted children have been made into “fashion accessories” in a new online game which also encourages young children to administer contraceptives.
Air New Zealand is offering what it calls “the first major improvement in economy class travel in 20 years”: the provision of beds in coach class flights.
Now that the dust is settling around the Berlin Wall metaphor which Hillary Clinton made during her major address last Friday on the Internet, let’s have a look at the […]
World of Warcraft gamers are being encouraged to upgrade their Adobe Flash players after a glitch was discovered that could make their accounts vulnerable to hackers.
A defeat of Federal Reserve Chairman Ben Bernanke’s quest for another four-year term could raise the risk of a “double dip” recession, economists have warned.
His name may be Steel (David, that is), but Samsung’s Senior VP of Strategic Marketing for North America is more interested in the warmer, fuzzier side of his company’s products […]
Al-Jazeera English Television celebrated its fourth birthday at the end of last year. Launched with much fanfare, albeit after an eighteen month delay, the channel that promised to tread where […]
President Obama’s new plan to stop big banks from taking big risks could be circumvented in dangerous ways having perverse effects on risk-taking says Bloomberg.com.
It looks like Paul Volcker’s pleas are finally being heard in the Obama Administration. Volcker, a past Fed Chairman, has been advocating for a tighter rein on financial institutions since […]
Such is the nature of news and journalism, that the temptation to conflate and exaggerate the significance of events, is a hard one to resist. Run of the Mill daily […]
Stock markets around the world have fallen after President Obama’s plan to reform the American financial industry received broad support from other world leaders.
Meant to be the liberal answer to conservative talk radio, Air America will soon go off the air after having promoted its stars like Al Franken and Rachel Maddow to national political prominence.
Apple is reportedly in discussions with the school text book publisher McGraw-Hill to put its books on the forthcoming Apple tablet computer expected to have e-reader capabilities.
A new report says young people spend nearly eight hours each day on one media platform or another, up one hour from five years ago, which is more time than they go to school or even sleep.
There are two different types of narratives about the Haiti tragedy these days — the ones shown each evening on the nightly news programs of the major television networks and […]
Text messages, Tweets and other web postings are assisting rescue workers in locating survivors of the Haitian earthquake still trapped under the rubble.
Former “The Tonight Show” host Conan O’Brien has been given a whopping $45 million settlement to walk away “gracefully” from NBC which means keeping his mouth firmly shut.
The world’s markets are reeling after French and British politicians have offered cautious backing to a recommendation by President Barack Obama to curb banks’ size and risk-taking.
The big economic story this side of the pond for the past few days has been the successful hostile takeover of the iconic British chocolate and confectionary makers, Cadbury by […]
Car maker Ford has got together with United Space Alliance to take tips from the gaming industries and movement simulation software to make better cars and spaceships.
Coffee giant Starbucks has posted its first quarterly financial growth for its US arm in two years giving rise to suspicions that recession-weary consumers are beginning to spend again.
Microsoft will patch a hole in its widely used browser Internet Explorer amid fears that the weakness in the system allowed Chinese hackers access to human rights activist’s emails.
Arthur Sulzberger, the chairman of the New York Times, says his paper’s recent decision to begin charging customers for its online content in early 2011 is “a bet, to a […]
Stanford economics professor John Taylor has some ideas about the financial crisis. For one, he doesn’t believe that the Fed could have done much more than they did during the […]
Yesterday I linked to the Becker-Posner blog which is kept by two University of Chicago professors: Gary Becker and Richard Posner. Becker is an economist and Nobel Laureate and Posner […]