US budget deficit has dropped by $52 billion, says CBO
According to the Congressional Budget Office, the US budget deficit dropped by $52 billion during the first nine months of the fiscal year from...
Google self driving car roams the streets of Austin
Google's self-driving cars are roaming the streets of Austin, Texas, furthering efforts on how the prototype interact with traffic, road conditions, and people.
Google has been working...
Microsoft releases new Skype for Business app
Microsoft just announced the released on the Skype for Business app, which is now available for Windows Phones.
The new Skype for Business app will be...
IMF warns against US Fed hiking rates this year
The International Monetary Fund (IMF) warned against the US Federal Reserve hiking interest rates this year.
The IMF recommends waiting for “clear signs of wage...
UK plans to sell half of its stake in RBS within two years
The UK government plans on selling half of its stake in Royal Bank of Scotland (RBS) within the next two years, according to reports.
Last...
US service sector growth higher in June
Growth in the US service sector rose in June, according to data released by the Institute for Supply Management on Monday.
However, the index of...
Greece leaving the eurozone is now a very real possibility
The Greek people have cast their vote and the result is a resounding “no” to accepting strict austerity measures and following creditors’ bailout terms.
Many...
Casio introducing its first smartwatch
Casio Computer Co. announced that it will be introducing its first smartwatch sometime next year.
Pricing and specs have yet to be revealed, but the Japanese...
MasterCard testing selfies to verify online payments
MasterCard is experimenting the use of selfies as a means of verifying payments in its smartphone app.
The app confirms a persons identity via a...
BMW unveils hydrogen-powered 5 series
BMW is set on expanding its portfolio of clean-vehicle offerings with the addition of cars that run on hydrogen fuel.
Hydrogen fuel cells do not generate...