As Apple makes a big announcement in the U.S., it may take some of the heat off the company for labor conditions at its suppliers in China and the lack of American jobs it creates.
There is an important personal finance lesson in Apple's enormous cash hoard: Savings is an anchor that allows for experimentation, risk-taking and innovation in both companies and at home.
Barclay’s, JPMorgan Chase, and Capital One announced that they’ll launch a trial program for a mobile payment system this summer, joining the ranks of Google Wallet and other mobile payment programs.