Marketplace for Tuesday, May 28, 2013
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The U.S. has indicted an online payment system for allegedly laundering $6 billion for the criminal underworld. What does that mean for other digital currencies? Also, the Case Schiller Index is up again in the biggest rise since 2006. Is it really good news? Plus, hear about the almost exclusively African American site that advertisers are flocking to.
Posted In: bitcoin, online payments
The Justice Department has indicted seven people involved with the online-payment system Liberty Reserve, accusing them of allegedly laundering $6 billion for the criminal underworld. What risk does the crackdown pose for Bitcoin?
Posted In: cnn, buzzfeed, viral, media
Cable company CNN has a new partner in cat videos and GIFs. What's the benefit?
Posted In: hip hop, Internet, African American
The founder says WorldStar entertains, informs and tells it like it is. Critics say the sites viral videos are often exploitative.
Posted In: Housing
Many economists say the housing uptick is solid and could give the recovery a needed boost. But some urge caution.
Posted In: Warren Buffett
Mr. Buffett auctions off a lunch date with himself every year. Bidding begins at $25,000.