Approximately three-quarters of the world's population now has access to a mobile phone, and the majority of those subscriptions are in developing countries. But those phones don't usually have data plans. Now, Google and Facebook are offering free apps on these devices to get users hooked on social media.
The number of black beetle-like taxis is dwindling. The only company that makes them had to recall 400 of its newest vehicles because of a mechanical defect. Ahead of the holiday season, very few of its rentals are available. As the company files for bankruptcy protection, cabbies cross their fingers to keep the iconic vehicle alive.
Post-election Washington is buzzing with talk of compromise and cooperation. Republicans and Democrats want to avoid a looming budget and economic disaster, and their leaders say they're ready to get to work. But some budget experts say it may be necessary to go over the fiscal cliff to reach an agreement.
Iran's economy has been hit hard by U.S.-led sanctions that have targeted its oil exports and its banking system. In response, Iran appears to have gone on a gold buying spree as it attempts to halt the downward spiral of its currency.
With long gas lines persisting more than a week after Superstorm Sandy, New York imposed a gasoline rationing plan Thursday that lets motorists fill up every other day. Police will be at gas stations Friday morning to enforce the new system in New York City and on Long Island
A new Congressional Budget Office report explores the economic and budget impacts of the "fiscal cliff. The non-partisan government agency warns automatic tax hikes and spending cuts could do serious damage to the economy.
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