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Updated: 1 hour 7 min ago

New York Looks To Bring Bitcoin Out Of The Shadows

Thu, 01/30/2014 - 4:00am

Bitcoin has been tied to the dark side of the Internet, where it's been linked to drug trafficking. But New York's financial regulators say they want to foster innovation and are looking to legitimize the virtual currency by licensing it.

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New York Regulators Hold Bitcoin Hearing

Thu, 01/30/2014 - 4:00am

Bitcoin and other alternative currencies were the subject of a hearing in New York run by the state's top financial regulators. The hearing was held in the same week that two Bitcoin entrepreneurs were arrested on money laundering charges.

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Obama Calls For The Creation Of MyRA Accounts

Thu, 01/30/2014 - 4:00am

In his State of the Union address, President Obama pitched an idea for making it easier for Americans to save for their retirement. He took the message on road to Pittsburgh Wednesday.

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Lawmakers To Address Delaware's Troubled Casino Industry

Thu, 01/30/2014 - 4:00am

In Delaware, a task force is expected to issue recommendations this week to lawmakers on how to overhaul the state's troubled casino industry. Competition from nearby states cost Delaware's three casinos $13 million — a 5.5 percent drop in tax revenue between 2011 and 2012. Some analysts say the industry may be facing layoffs or worse without help.

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Gunmakers Protest Micros-Stamping Law In Calif.

Thu, 01/30/2014 - 4:00am

In California, a flap over a new "microstamping" law on handguns has prompted two large gun manufacturers to start pulling some of their products out of the nation's largest state.

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In Las Vegas, Lawns Are The Biggest Water Waster

Thu, 01/30/2014 - 4:00am

Las Vegas depends on Lake Mead for its water and the reservoir is dropping. The city's water officials long ago instituted water conservation measures. Critics say they are not nearly enough.

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Drought Forces Calif. Farmers To Cut Back On Planting

Thu, 01/30/2014 - 4:00am

In California, agriculture is a $44.7 billion industry and the ongoing drought has many farmers worried. Some already have cut back on planting crops and some banks are withholding loans.

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Ridge Of High Pressure Blocks Snow From Oregon Ski Resort

Thu, 01/30/2014 - 4:00am

Throughout the West, bone dry conditions are exacting a toll on places that rely on water to thrive. In southern Oregon, recreation plays an important role in the region's economy. The ongoing drought is drying up streams where fishing once was plentiful and it's left ski resorts wanting for snow.

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Much Of North Dakota's Natural Gas Is Going Up In Flames

Thu, 01/30/2014 - 2:28am

Drillers pumping oil on the Great Plains are also producing a lot of natural gas. But the state doesn't have the infrastructure to transport or store it, so much of that gas isn't being sold — it's being set on fire.

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Need A Retirement Starter Kit? This Might Help

Wed, 01/29/2014 - 3:56pm

Workers can't lose money in myRAs, the savings accounts President Obama unveiled in his State of the Union speech. The government would protect the principal and help savings grow a bit faster than inflation.

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Meet The myRA — Obama's New Retirement Plan

Wed, 01/29/2014 - 3:00pm

On Wednesday, President Obama directed the Treasury Department to create a new retirement plan called "myRA." The decision, a circumvention of Congress, follows through on one of the promises made by the president in his State of the Union. As Yuki Noguchi reports, the success of the plan may depend on its ability to move beyond the limitations of existing retirement plans.

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Farm Bill Clears House, On Its Way To Senate

Wed, 01/29/2014 - 3:00pm

After two years of fits and starts, a new farm bill appears on the verge of passing Congress. The House passed the 959-page proposal on Wednesday, with the Senate likely to pass it next week. The compromise cuts $8 billion from food stamps over the next decade and replaces farm subsidies with more extensive crop insurance.

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Income Inequality, As Seen From Two Angles

Wed, 01/29/2014 - 3:00pm

A key theme of President Obama's State of the Union was income inequality. For two different perspectives on the matter, Robert Siegel talks with Paul Krugman and Douglas Holtz-Eakin. Krugman is a columnist for The New York Times and a professor of Economics and International Affairs at Princeton University. Holtz-Eakin is the president of the American Action Forum, a center-right policy institute. He also served as the chief economist of the President's Council of Economic Advisers under President George W. Bush.

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Oil Rush A Cash Cow For Some Farmers, But Tensions Crop Up

Wed, 01/29/2014 - 3:00pm

North Dakota's oil sector is booming, but agriculture remains the state's largest industry. And while many farmers and ranchers are profiting from the oil beneath the prairie, others complain that drilling is interfering with their business — and changing rural life as they know it.

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A Boarding Pass Design That's So Much Better Than What We Have

Wed, 01/29/2014 - 2:16pm

You're in a hurry and just want to make your connection. Unfortunately, your boarding pass doesn't make it easy to quickly see the information you need. A British designer has an answer.

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A Boarding Pass Design That's So Much Better Than What We Have

Wed, 01/29/2014 - 2:16pm

You're in a hurry and just want to make your connection. Unfortunately, your boarding pass doesn't make it easy to quickly see the information you need. A British designer has an answer.

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Fed Will Continue To Taper Its Stimulus Program

Wed, 01/29/2014 - 1:12pm

The Federal Reserve said the economy continues to improve, so it is slowing its monthly purchase of bonds by $10 billion a month.

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How Industrial Chemical Regulation Failed West Virginia

Wed, 01/29/2014 - 12:36pm

For Charleston Gazette reporter Ken Ward, the recent chemical spill — and sometimes confusing information authorities have provided about the risks to citizens — reflects longstanding regulatory failures in the state. He says West Virginia has "basically ignored" recommendations for stricter oversight.

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Missing For 112 Years, First Porsche Is Found In Warehouse

Wed, 01/29/2014 - 12:08pm

The P1 that Ferdinand Porsche helped develop was an electric vehicle that could chug along at 22 mph. It was discovered in an Austrian warehouse and is going on display at the Porsche museum in Stuttgart, Germany.

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Welcome To Oil Country: A Modern-Day Gold Rush In North Dakota

Wed, 01/29/2014 - 10:05am

One of the nation's most remote places is now awash in oil money. In the heart of the boom, once-quiet farm towns are now wedged between semitrucks and dotted with "man camps." We sent a photographer there to try to capture what it feels like to be part of it.

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