Television networks are up in arms. The new company Aereo is charging a monthly fee to provide a high-definition feed of the basic over-the-air channels, and the stations aren't seeing a penny of it. But CEO Chet Kanojia thinks he's figured out a legal loophole.
Over the past few years, incomes in Brazil rose and unemployment plunged to record lows. But now — as the country prepares to host the World Cup and the Olympics — the numbers are changing. Growth is slowing and inflation is creeping up. Tourists and Brazilians alike are feeling the pinch.
Legislation introduced in several states would require anyone who records evidence of animal abuse to turn it over to authorities within a set period of time. But animal rights activists aren't welcoming these measures: They see the bills as veiled attempts to stifle long-term undercover investigations that can prove a pattern of abuse.
President Obama has released his vision for the nation's finances for the coming decade. For many Democrats, changing the way the cost of ling is adjusted violates a campaign promise to protect Social Security and the middle class.
Reverse mortgages are to blame, and the agency has until Sept. 30 to determine whether it needs to tap the treasury. The FHA commissioner said in a statement that if not for the reverse mortgages, the agency would have had a $4 billion surplus at the end of the year.
President Obama released his buget plan Wednesday, two months late. David Greene talks to David Wessel, economics editor of The Wall Street Journal, about the White House proposal. How important is it, really?
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