- Seattle socialist: Minimum-wage discussion skewed by ‘right-wing’ GAO analysis
- U.N. warns of Muslim ‘cleansing’ in Central African Republic
- Senate blocks change to military sex assault cases
- Drug mix may have cured child born with HIV, doctors say
- De Blasio’s wife irks former mansion chef with ‘servant’ remark
- Russia’s neighbors shiver amid Putin’s Cold War moves in Ukraine
- New SAT: The essay portion is to become optional
- Military group can’t march to honor the fallen at Boston Marathon due to security changes
- Senate passes bills deleting ‘retarded’ from laws
- China announces biggest military hike in 3 years: We are not ‘boy scouts with spears’
Latest Mastercard Items
Last week, the Federal Reserve Board delivered a hammer blow to the entire debit card industry. Pursuant to its congressional marching orders under the so-called Durbin Amendment to the Dodd-Frank Act, the Fed was charged with setting the interchange fees that Visa and MasterCard charge merchants to cover their own expenses and those of the banks that issue debit cards to consumers. The Fed then exercised its new-found administrative mandate by slashing those fees by perhaps 90 percent, producing an immediate sell-off in the stocks of the two payment networks, Visa and MasterCard.
Before too long, the government check will no longer be in the mail.
The Internet drama precipitated by WikiLeaks' release of classified U.S. diplomatic cables has been called the first "global cyberwar." But at closer look it's really more of an amateur brawl.
Gawker Media Inc. is urging subscribers to change their passwords because someone has managed to hack into the company's user database.
The WikiLeaks pandemic spread like wildfire around Planet Earth, triggering a new age of uncertainty, anxiety - and fear. Nothing was sacred or secret. The loose-lips-sink-ships mentality is now spreading to the ether, or at least the Internet, whose true dimensions are hard to grasp.
The recent distribution of sensitive and classified U.S. documents by WikiLeaks has caused an enormous uproar within the Beltway as well as capital cities and embassies around the world, providing fodder for talking heads and pundits alike around the globe.
Police and prosecutors in Europe and the U.S. have launched investigations into cyber-attacks by supporters of the anti-secrecy group WikiLeaks, as online skirmishing over the group's publication of secret diplomatic communications continued.
WikiLeaks' payment processor said Thursday that it was preparing to sue credit card companies Visa and MasterCard over their refusal to process donations to the secret-spilling website.
Hackers rushed to the defense of WikiLeaks on Wednesday, launching attacks on MasterCard, Visa, Swedish prosecutors, a Swiss bank, Sarah Palin and others who have acted against the site and its jailed founder Julian Assange.