High demand coupled with poor yields have top chocolate companies raising wholesale prices. The future of the industry is bleak as social, economic, and environmental factors could cause cocoa bean production to crash. Although this isn't exactly an economical depression, that's the emotion most chocoholics are feeling right now.
Borat Who? The oil-rich former Soviet country is becoming a major player in the world energy sector, building ties with both Russia and the United States.
This week the Federal Election Commission gave permission for political action committees to accept the cryptocurrency. They can also purchase Bitcoin with existing funds, but they can't use it to buy goods or services.
ETH Zurich University scientists borrowed from the bombadier beetle to create a defense system that would release hot nanoparticle-filled foam when the ATM is tampered with.
The proposed plan would gradually increase the wage over the next several years. If approved by city lawmakers, it would be one of the highest minimum rates in the world.
Next year's undergraduates will each receive US$100 in bitcoins as part of a large-scale experiment to see what kind of financial ecosystem will develop.
Vancouver is now home to a machine that accepts and dispenses only cash and Bitcoin account data. The goal, say its owners, is to make the virtual currency easier to buy and sell.
Some financial companies look at potential borrowers' social media footprint -- including their friends and, eventually, their friends' credit scores -- to determine whether they qualify.
The country became the first in the world to officially recognize the use of the virtual currency for legal and tax purposes.
A new report shows worrisome incompetence among Air Force nuclear missile launch officers.
Despite the growing number of mobile payment technologies available, and the uptick in users in both Europe and Japan, many Americans are either unaware of them or concerned about their security.
At a recent convention in London, manufacturers displayed prototypes of next-generation machines "that had the look, and feel, of oversized smartphones or tablet computers."
A Bitcoin payment processing company says that in the last two years, more than 8,000 mostly small businesses have signed up for their service. Some merchants say accepting the digital currency helps them stand out.
Big Idea: Economic and Institutional Flexibility