New Zealand 'plans to seize bank accounts'

by -NO AUTHOR- -- (SCOOP) — The National Government are pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund more…

$175,000 mattress 'investment' in good sleep

by -NO AUTHOR- -- (CNBC) — When does a mattress become an "investment?" When it costs $175,000. British mattress manufacturer Savoir Beds this week is launching a limited edition "Royal Bed" with more…

No money for White House Easter Egg Roll?

by -NO AUTHOR- -- (WASHINGTONPOST) — For more than a century, the White House Easter Egg Roll has been insulated from the sort of partisan sniping that now dominates Washington politics. That more…

Big Brother looking at your bank account

by -NO AUTHOR- -- [ooyala code="psaHI5YTrSfyRjwFAcWgXIrOH5E6X2Jb"] More and more federal agencies are being given a look into your private financial affairs, according to economy, economist, columnist, radio host and international conference speaker more…

Strapped feds have money for gopher-tortoise survey

by Steve Peacock -- The Obama administration recently issued warnings to contractors of potential sequestration-related spending cuts, but in the meantime federal spending continues unabated, domestically and globally. Some of the apparently more…

Could Cyprus bank runs happen here?

by Garth Kant -- With the Mediterranean island nation of Cyprus about to impose a confiscatory tax – up to 9.9 percent – on all bank accounts, resulting in a run on more…

Thousands line up to buy ammo

by -NO AUTHOR- -- (SACRAMENTO.CBSLOCAL) — Thousands of people lined up for hours outside Cal Expo to buy ammunition. The line wrapped around the building for the first day of the two-day more…

Gobble! Burger King offers turkey burger

by -NO AUTHOR- -- (CBSNEWS) — If you think a Whopper's too indulgent but are sick of chicken sandwiches, Burger King is offering a turkey burger for the first time. The Miami-based more…

Currency war pushes stocks to new realms

by -NO AUTHOR- -- [ooyala code="EwaWozYTpdSZFjHteqNcaXQmVaf-_YiH"] The Dow Jones rallies past 2007's all-time high, the NASDAQ hits a 12-year high, European stocks are booming and Japanese stocks surge to their highest levels more…

Ivory poachers slaughter herds of elephants

by -NO AUTHOR- -- (LONDON DAILY MAIL) Poachers have slaughtered 86 elephants in a single week in Chad, officials said today. Armed gangs reportedly killed the herds, which included 33 pregnant females, more…