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Sony: Credit Data Risked in PlayStation Outage

Apr 26th 2011 – 10:43PM

LOS ANGELES -- Sony Corp. said Tuesday that the credit card data of PlayStation users around the world may have been stolen in a hack that forced it to shut down its PlayStation Network for the past week, disconnecting 77 million user accounts. Some players brushed off the breach as a common hazard of operating in a...

Opinion: Consumer Lending at Risk

By Marty RobinsMar 4th 2011 – 5:00AM

Anyone with an interest in maintaining the positive economic momentum we've recently seen should pay close attention to the startup of the Consumer Financial Protection Bureau. The CFPB was created as part of the so-called Dodd-Frank law enacted last year to rectify the practices that led to the 2008 financial crash, with...

Opinion: Washington's Mythical Debt Problem

By Michael CohenJan 16th 2011 – 6:00AM
Mark Lennihan, AP

Mark Lennihan, AP

Congressman Mike Kelly is one of the new crop of Republican members of the 112th Congress, and like many of his conservative brethren, he is mad as hell at Washington's profligate and "irresponsible" spending ways and the federal debt. It's precisely Kelly's sort of populist anger that has fueled the Republicans' return...

Terror Plot Cooperator in Trouble Again in NYC

Oct 18th 2010 – 8:47AM

NEW YORK (Oct. 18) -- It was a love story like no other: a crack-addicted prostitute finding comfort and safety in a convicted Islamic terrorist who played a key role in the prosecutions of two men in the "millennium plot" to blow up Los Angeles International Airport. Now, the testimony of the prostitute who received...

How a Poorer America Is Holding Back the Recovery

By Joseph SchumanSep 16th 2010 – 5:26PM
Justin Sullivan, Getty Images

Justin Sullivan, Getty Images

(Sept. 16) -- The nation's epidemic unemployment knocked nearly 4 million more Americans into poverty last year, swelling the ranks of the poor to the largest number in at least half a century. And if the depth of the pain wrought by the financial crisis is already familiar, what's emerging is a new picture of how that...

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