Monday, June 29, 2015

Markets Brace for ‘Leap Second’   


Bob Ivry and Yuji Nakamura writing for Bloomberg: Since 1967, when clocks went atomic, human timekeeping has been independent of the earth’s rotation. The problem is, the planet is slowing down and clocks are not. So every few years, to … Continue reading →

Wednesday, December 18, 2013

China Bans Payment Companies From Clearing Bitcoin   


Bloomberg News: Chinese central bank officials told third-party payment service providers to stop offering clearing services to online Bitcoin exchanges, according to China Business News, which is affiliated with the Shanghai government. Companies currently offering services must end services by … Continue reading →

Tuesday, October 1, 2013

U.S. Government Shutdown


A deadlocked Congress has led to a partial shutdown of the U.S. Government. The Republican-controlled House of Representatives and Democrat-controlled Senate were unable to reach an agreement on a budget, so there is no money approved to run the country. … Continue reading →