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Black gold, Texas tea! How a major discovery in a tiny Australian mining town is about to change your world Watch

Image of You can't see the town because much of it is built underground. The golf course has no grass either. Exposed mines are a genuine hazard.

The quaint, hot town of Coober Pedy, Australia has long been known for a few things. Opal mining, scorching heat, and underground dwellings ... continue reading

Unregulated? Bitcoin goes mainstream and why that's a good thing Watch

Image of Bitcoin is a newly-popular universal currency, entirely unregulated by governments or banks.

Imagine a currency that isn't controlled by any central bank or government. Transactions that can be made without fees. Currency that can ... continue reading

Digital killing the dinosaurs, Tribune Co. to cut 700 Watch

Image of Tribune Co. is cutting 700 jobs as part of an effort to save between $70 and $100 million.

Tribune Co, the parent company of the Chicago Tribune, Los Angeles Times, and six other daily newspapers, is laying off nearly 700 staff as ... continue reading

Sign of the Times: In trouble New York Times undergoing digital transformation to gain ad sales Watch

Image of Most of The New York Times revenue now comes from readers, not advertisers, which is a reversal from historical patterns.

It's a sign of the times: The print industry is in a losing war with the immediacy of digital media, readers flocking to the internet ... continue reading

Eleanor Holmes, Democrat, lashes out against Obama Watch

Image of Eleanor Norton Holmes exchanged tough words with Obama during a meeting yesterday revealing cracks within his own party. Democrats are growing weary of Obama's

Del. Eleanor Holmes Norton (D-D.C.) engaged Obama in a dramatic exchange during a White House meeting Wednesday afternoon, asking him to ... continue reading

Foreign creditors very worried about looming default Watch

Image of China and Japan are especially worried about a U.S. default as they are our largest creditors.

Countries around the world are growing anxious as the U.S. nudges closer to a default on its debt repayments. If the deadline passes on ... continue reading

New Fed boss Yellen has pedigree for the job Watch

Image of Janet Yellen has said she prefers humane policy above all.

Janet Yellen will be the Chair of the Federal Reserve. The announcement was made by the White House late on Tuesday and will make an ... continue reading

So you don't care that the IMF director Lagarde said the world is undergoing epic change? Maybe you should, and here's why... Watch

Image of When the IMF speaks, it's costly to ignore.

Saying the global economy is experiencing "transitions on an epic scale," Christine Lagarde, managing director of the International ... continue reading

Tweet this! Why paywalls are failing the news industry Watch

Image of The WSJ is one of the few publications to successfully maintain print and online viability by providing unique value to readers.

It's something you have probably experienced firsthand. Coffee in hand, you surf to your favorite online news source (after Catholic ... continue reading

The rich ... got richer, as one percent of super wealthy report record gains Watch

Image of The richest 10 percent received more than half of all income last year, 50.4 percent specifically, which is the largest share since such record keeping began in 1917.

The rich ... got richer, while the rest of the 99 percent in the United States only grew by a measly one percent. The great divide between ... continue reading

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