The president of the European Central Bank said Friday that the eurozone has yet to emerge from its economic crisis but is on a path to see a recovery by the second half of 2013. But there are still many challenges. Just after that interview, new numbers showed unemployment in the euro zone rose to a record 11.7 percent in October.
Sim City is also among the first 14 titles in the Museum of Modern Art's new video game collection. The New York City museum's website says video games are not only art, they're design. And design is among the selection criteria — along with cultural relevance. MOMA hopes to have about 40 titles when the exhibit opens in March.
The popular website Intrade allows its users to bet on the odds of almost anything — like whether Syrian President Bashar al-Assad will get ousted by a certain date, or whether the movie Argo will win best picture at the Oscars.
This week, Ireland-based Intrade announced that U.S. users will have to unwind their bets and shut down their accounts by the end of the year. That's after the Commodity Futures Trading Commission sued Intrade for operating an unregistered exchange.
Facebook has a long history of upsetting its users by suddenly announcing a change to its privacy settings. In 2009, as a way to quiet the critics, Facebook set up a system for its customers to vote on changes. If enough of them were unhappy, the company would back down. Now, Facebook wants to get rid of the voting.
It may sound like an oxymoron: a delicious local, winter tomato — especially if you happen to live in a cold climate.
But increasingly, farmers from West Virginia to Maine and through the Midwest are going indoors to produce tomatoes and other veggies in demand during the winter months. "There's a huge increase in greenhouse operations," Harry Klee of the University of Florida tells us.
The explosion in world popularity of quinoa in the past six years has quadrupled prices at retail outlets. But for all the demand from upscale grocery stores in America to keep their bulk bins filled with the ancient grain-like seed, almost no farmers outside of the arid mountains and coastal valleys of Peru, Bolivia, Ecuador, and Chile grow it.
But plant breeders and scientists who study the biology and economics of quinoa say that is about to change.
The Bush-era tax cuts are taking center stage on discussions about deficit reduction. But the payroll tax holiday is also at risk, which could cost the typical family $1,000 a year. Host Michel Martin talks with The Wall Street Journal's Sudeep Reddy about the fiscal cliff and how the outcome could affect consumers.
As the White House and Congress debate how to steer clear of the fiscal cliff, one obstacle is the president's insistence that the wealthy should pay more in taxes. And one way that could happen is through changing the rules for dividends and capital gains.
If you own a share of stock in a company today, when the company pays out a dividend, the most you're taxed is 15 percent. And if you decide to sell the stock and cash out, you'd also pay 15 percent on your profits — the capital gains.