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On June 26, after much political maneuvering and horse trading, the US House of Representatives voted on the American Clean Energy and Security Act (ACESA). Passed by a very narrow margin, 219 to 212, the 1,200 page bill...
One financial web start-up that launched its API in late 2008 and appears to be gaining a lot of momentum is kaChing (previously called FSX). In addition to its social investing site which has a community with extremely high user interactions, it is currently one of the most popular apps on...
In the recent bestseller The Ascent of Money: A Financial History of the World, renowned British historian Niall Ferguson introduces his book by remarking that
“financial innovation has been an indispensable factor in man’s advance from wretched subsistence to the giddy heights of material prosperity...