Marketplace®

Daily business news and economic stories
Aug 9, 2013

Marketplace for 08/09/13

Two encryption email providers — one of which Snowden supposedly used — are closing up shop. One of the companies put out a statement implying that the Feds were making requests, and analysts believe the firm decided to shut down rather than abide by requests secretly. And it’s Friday, so we review the week that was on Wall Street in the Weekly Wrap, including major settlements and lawsuits for big banks and worries about the Fed and monetary policy.

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Two encryption email providers — one of which Snowden supposedly used — are closing up shop. One of the companies put out a statement implying that the Feds were making requests, and analysts believe the firm decided to shut down rather than abide by requests secretly. And it’s Friday, so we review the week that was on Wall Street in the Weekly Wrap, including major settlements and lawsuits for big banks and worries about the Fed and monetary policy.