by Charles Mead | May 10, 2011 | Business & Tech
WASHINGTON — Technology giants Apple and Google Tuesday defended their use of user location data on Capitol Hill. Critics say the companies are breaching consumer trust by surreptitiously collecting personal information. Apple iPhones do not collect the specific...
by Tania Chen | May 10, 2011 | Business & Tech
WASHINGTON — Strong federal oversight is necessary to curb excess risk and insure stability in the securities industry, the head of the Federal Crisis Inquiry Commission told Congress on Tuesday. “In the wake of this crisis, it is critical that the Dodd-Frank law be...
by Tania Chen | May 5, 2011 | Business & Tech
Currently 11 million people get federal benefits in the mail. Starting this month, however, new applicants for Social Security, Veterans Affairs or other government benefits only have the electronic payment method. In an effort to cut costs, the U.S. Treasury predicts...
by Charles Mead | May 5, 2011 | Business & Tech
WASHINGTON — The days when China could rely solely on exports to fuel economic growth are over and Chinese policy makers should let their currency strengthen at a faster pace to spur domestic buying, U.S. Treasury Secretary Timothy Geithner said. “We want...
by Tania Chen | Apr 28, 2011 | Business & Tech
WASHINGTON-It’s been more than a year since America’s first chief information officer, Vivek Kundra, announced a nationwide effort to improve government information technology and consolidate federal databases. His 25-point implementation plan aims to close 800 data...
by Charles Mead | Apr 28, 2011 | Business & Tech, Topics
WASHINGTON — The Federal Reserve has swung its focus to rising prices, signaling little chance the central bank would begin extra action to spur job growth and lower unemployment. Inflation, or a general rise in prices, was listed 11 times in Wednesday’s...
