Posted In: Michael Bloomberg, New York City, politics
As a multi-billionaire, Michael Bloomberg has governed New York free from debts to special interests. But there's another side to that independence.
The sequester and other coming government cuts have led the federal government to sell naming rights to monuments and national parks.
Posted In: Federal Reserve, quantitative easing
The Federal Reserve is finishing up a meeting today in Washington, to which many economists and investors are looking for signs of just how long the central bank intends to keep up its aggressive monetary easing.
Posted In: New York, New York City, urban planning
New York's mayor wants to give a facelift to the area of Midtown Manhattan that surrounds the venerable Grand Central Station. The city says it is needed to remain a globally competitive business district.
Posted In: Microsoft, software, computer security
For IT professionals, Microsoft has invented a holiday -- of sorts. The second Tuesday of every month is the day Microsoft releases the latest batch of security patches for it's software: Patch Tuesday. This week, the company has more than half-dozen security fixes, as cyber threats mount for Microsoft and Apple software.