Home » Archives » Tech News (Page 239)
Inflation drops to 4.2% in June
Twelve-month inflation slowed unexpectedly to 4.2 percent in June from 4.5 percent in May as cheaper toys and televisions helped to offset high food and energy prices, official data showed on Tuesday. Consumer Prices Index inflation also surprisingly fell by 0.1 percent in June from May on a month-on-month basis,…
Anonymous threatens ‘explosive’ releases from intelligence community
Update (below): Anonymous releases 90,000 military emails and passwords A Twitter account purported to be run by a hacker who helped found the infamous LulzSec group claimed Monday that “Anonymous” would release “literally explosive” information this week, ostensibly taken from intelligence contractors. While it was impossible to verify if the…
BP calls on U.S. to halt payments for oil spill damages
After approximately $4.5 billion paid out to victims of BP’s record-breaking Gulf of Mexico oil spill, the company is urging U.S. officials with the Gulf Coast Claims Facility to halt further compensation. Citing an improving Gulf coast economy, the British oil giant said in a 29-page letter (PDF) released to…
St. Paul businesses failing in wake of Minn. gov’t. shutdown
By Gus Lubin Downtown St. Paul is suffering the Keynesian multiplier in reverse (via @obsoletedogma). Beyond the 22,000 public sector workers who are out of work during government shutdown, businesses that depend on government traffic have cut hours and laid off workers, according to the Star Tribune: Matt Kramer, president of the…
Greece, Italy top agenda at EU finance chiefs meeting
BRUSSELS (Reuters) – EU finance officials will discuss a range of options for Greece’s intractable debt crisis on Monday, galvanized by the growing threat of contagion to Italy, the euro zone’s third-largest economy. A senior European Union source told Reuters the Eurogroup of 17 euro zone finance ministers meeting later…
WikiLeaks’ Assange appeals UK extradition ruling
WikiLeaks founder Julian Assange will on Tuesday start his appeal against a British court ruling that he can be extradited to Sweden to face allegations of rape. The 40-year-old Australian will take his legal battle to the High Court in London for a two-day hearing, in the hope of reversing…
Massachusetts city to provide extra stipends to married gay employees
The city of Cambridge, Mass. will this month begin to add an additional stipend onto the paychecks of its gay and lesbian employees who are married to their spouses and chose to include them on their health insurance, the Associated Press reported. The federal government taxes health insurance for married…
New IMF chief Lagarde issues dire warning on U.S. debt default
New IMF chief Christine Lagarde warned on Sunday that a US debt default would jeopardize global economic stability and urged warring American politicians to forge a compromise budget deal. A default “would certainly jeopardize the stability, but not just the stability of the US economy, it would jeopardize the stability…
China’s trade surplus widens to $22.27 billion
SHANGHAI — China’s politically sensitive trade surplus expanded to $22.27 billion in June, rising sharply from the previous month as the value of exports hit a new record high, government data showed Sunday. The trade surplus — a major point of tension for China’s key trade partners, the United States…
Heirs, US govt battle in court over rare coins
The heirs to a renowned Philadelphia jeweler are locked in a court battle with the US government over the ownership of 10 rare gold coins from 1933 worth an estimated $75 million. The government contends the coins were stolen because the 1933 Double Eagles, worth $20 when they were minted,…
Brand new on Raw Story
- Jon Stewart rips Obama for aggressive investigation of whistle-blowers instead of bankers
- WATCH LIVE: Rescue operation begins as Washington state bridge collapses
- Senate unanimously approves Sri Srinivasan as first India-born senior judge
- Republican congressman fined $500 over sexual misconduct
- Anthony Weiner’s mayoral campaign off to a rocky start after police called to rally
- George Zimmerman lawyers release Trayvon Martin’s cellphone data to discredit killed teen
- IRS director Lois Lerner placed on administrative leave
- Questions Obama dodged in terror speech
- Texas Gov. Rick Perry ‘greatly disappointed’ by vote to admit openly gay Boy Scouts
- Boy Scouts to allow gay members but ban on gay and atheist leaders continues
Commentary
The real problem with 'check your privilege': It’s too generous
By Amanda Marcotte
The reality is Americans aren’t that concerned about drones
By Harry Enten, The Guardian
Tone policing only goes one way
By Amanda Marcotte
Raw Exclusives
Featured Video
Follow Us!
