Facebook Plans Its Own Digital Currency for 2 Billion-Plus Users

RACHEL LERMAN / The Associated Press Jun 18, 2019 The social network giant seeks to launch a global challenger to Bitcoin with big-name partners, more fodder for regulators' scrutiny. Dig deeper ( 4 Min. Read )

After Trump’s Tax Bill, CEOs Rake In Millions in ‘Eye-Popping’ Stock Payouts, Politico Reports

Ilana Novick Jul 30, 2018 CEO cash-outs are likely to become a talking point for Democrats in the midterm elections. Dig deeper ( 3 Min. Read )

Spike in Consumer Spending Spells Danger

Staff / Truthdig Aug 15, 2011 Consumer borrowing shot up $15.5 billion in June -- three times more than projected -- in the biggest increase in credit in four years, with credit card and other types of revolving debt rising by $5.21 billion -- the largest jump since spring of 2008. (more) Dig deeper ( 2 Min. Read )

WikiLeaks Has a New Commercial

Staff / Truthdig Jun 28, 2011 The biggest threat to WikiLeaks isn't the house arrest of Julian Assange or the militaries of frustrated world governments -- it's the financial blockade by PayPal, Bank of America, Visa and other institutions that has cut off $15 million in donations (by WikiLeaks' estimate). Dig deeper ( 1 Min. Read )

Cha-Ching! ‘Visa Tax’ Brings $8 Billion in Fees to Just 10 Banks

Staff / Truthdig Apr 29, 2011 Everyone knows you have to pay a municipal sales tax on your purchases, but what about a corporate Visa tax that's levied by credit card companies? Dig deeper ( 2 Min. Read )

BofA Cuts Off WikiLeaks

Staff / Truthdig Dec 19, 2010 The digital war of position between WikLeaks and those who have something to hide got a bit more barbed as Bank of America, a likely target in the next WikiLeaks documents drama, announced it will refuse to process payments to the website. Dig deeper ( 1 Min. Read )

Assange Ordered Out of Jail on Bail

Staff / Truthdig Dec 15, 2010 WikiLeaks founder Julian Assange was given a bit of a break on Tuesday when a British judge ordered that he be released from jail for the small bail fee of $310,000. However, this small measure of freedom comes with a few strings -- and an electronic monitor -- attached. Dig deeper ( 1 Min. Read )

The WikiLeaks Hacker War Rages On

Staff / Truthdig Dec 10, 2010 They've successfully targeted MasterCard's and Visa's websites, but the coalition of hack-savvy cyber-protesters taking the name Anonymous apparently missed their mark when it came to tripping up monster e-retailer Amazon on Thursday. Updated with video Dig deeper ( 1 Min. Read )

Payback Time for MasterCard in WikiLeaks Cyber-Clash

Staff / Truthdig Dec 9, 2010 A group of hackers organized under the familiar moniker of Anonymous (remember those anti-Scientology demonstrations?) has registered its collective disapproval of MasterCard and the Swedish prosecution authority for participating in the censure of WikiLeaks and founder Julian Assange by, fittingly, compromising the functionality of their websites. Dig deeper ( 1 Min. Read )

New Credit Card Rules Go Into Effect

Staff / Truthdig Aug 22, 2010 New rules curbing credit card company shenanigans took effect Sunday, as restrictions on “unreasonable late payment and other penalty fees” will now block the companies from charging excessive levies if users, to cite just one choice example, do not use their cards. Dig deeper ( 1 Min. Read )