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Google Wallet unveiled today at Google's media event in New York City

Google Wallet, a mobile payment system on Android-based Sprint smartphones, is expected to be unveiled at a media event in Google's New York office, at 12 p.m. today.

Goldman Sachs division Litton Loan under investigation

Goldman Sachs' mortgage-servicing division, Litton Loan, was accused of denying loans without proper review.

Microsoft Should Sack Steve Ballmer, Hedge Fund Manager Says

Software giant Microsoft should replace Steve Ballmer as its Chief Executive, Greenlight Capital Inc. President David Einhorn said at the Ira Sohn Investment Conference in New York.

Gabrielle Giffords shooting case: Killer Jared Lee Loughner mentally unfit to stand trial

A federal judge ruled on Wednesday that 22-year-old shooter Jared Lee Loughner, who killed six people and seriously wounded Congress woman Gabrielle Giffords, was mentally unfit to stand trial. The ruling came after staff psychologist at the U.S. Medical Center for Federal Prisoners and a forensic psychiatrist certified that the Arizona killer was not mentally stable.

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Ryan's Budget Shot Down in Senate With Help of Republican Defectors

Senate Democrats intensified pressure on the controversial budget plan submitted by Rep. Paul Ryan (R-WI) today, forcing a floor vote that saw moderate Republicans join Democrats in rejecting the measure.

New Yorkers Earn More Than Average American

The Bureau of Labor Statistics released data Wednesday that indicates New Yorkers earn nearly $1.14 for every $1 the average American worker makes.

Men in the Kitchen: A Review of 'Man With a Pan'

Adriana Velez of Civil Eats review's John Donohue's anecdotal essays about home cooking written by a cross-section of fathers

Bill Clinton Has Advice for Democrats on Medicare

Following the Tuesday special election win of a Democrat over a Republican for a vacant House seat in upstate New York - a seat, typically held by Republicans - former President Bill Clinton had some steady advice for his fellow Democrats: Don't get too carried away.

Windows Phone Mango Preview

Here is a pictorial look at a few of the updates on the next version of Windows Phone 7.

Five tallest buildings in the world

Take a look at the world's five tallest buildings: Burj Khalifa, Taipei 101, Shanghai World Financial Center, International Commerce Center (Hong Kong) and the Petronas Towers.

The 10 most preferred US destinations by overseas travelers in 2010, L.A. 2nd

According to the latest statistics of the US Office of Travel and Tourism Industries, L.A. was the 2nd most preferred US destination by overseas travelers in 2010 surpassing Miami which claimed the spot in 2009.

Fleet Week begins with a Parade of Ships in New York city

Today marks the beginning of the 24th annual Fleet Week in New York City with a parade of military vessels sailing up the Hudson river.

Deadly Medicare Reform Plan for GOP - Just how deadly is it?

The GOP plan to overhaul Medicare, proposed by Wisconsin Republican and chairman of the House Budget Committee Paul Ryan, plans to replace the existing Medicare system, which is headed for insolvency by 2024, with subsidies to help seniors pay for private health insurance. How deadly is it for the GOP and for voters?

CNBC Anchor Mark Haines Dies at 65

Mark Haines, who joined CNBC in 1989, died unexpectedly Tuesday night while at home, CNBC said.

What has kept NFC-based mobile payments in wraps until now?

Google's long awaited mobile wallet or Near Field Communication (NFC) enabled smartphones which will make processing payments with a mere wave of the phone near a point-of-sale a reality is due to be unveiled on Thursday.

Cut Your Taxes By Half!

Rental real estate can generate non-cash losses through depreciation of its building and improvements as well as accruing interest on mortgages it may have. If the property is owned by a limited partnership these losses are passed through to the individual partners in the partnership on their K-1.

'Shock' Democrat Win in NY, GOP's Medicare Plan in Spotlight

Typically occupied by a Republican in the largely conservative district, the recently vacated House seat in New York's 26th Congressional District is now to be occupied by a Democrat.

Huguette Clark: Now What?

Obituaries for wealthy recluse Huguette Clark have reignited questions about the final resting place of Clark's fortunes, estimated at around half a billion dollars.

University of Buffalo suggested revised UB 2020: Tuition hike would be 8%

According to the press center of the University of Buffalo, school president Satish K. Tripathi on Tuesday offered a proposal to state leaders, revised 2020 Challenge Grant program. This plan calls to support a $375 million project to relocate UB's medical school to downtown Buffalo.

Top 50 Outdoor Dining Spots chosen by OpenTable Diners

OpenTable, the free restaurant reservation and customer review website, announced the top 50 restaurants voted as Great for Outdoor Dining by OpenTable diners

NYC Bumped to #2 - America’s Most Visited City in 2010 was…

At 51.5 million visitors, one U.S. city has beat Mayor Michael Bloomberg’s goal of 50 million for NYC in 2012.

Democrat Hochul wins impossible victory, Upstate New York House race

Democrat Kathy Hochul has scored an upset victory in upstate New York House district, Tuesday.

Geithner praises both IMF candidates Lagarde and Carstens

The next chief of the International Monetary Fund (IMF) will likely be one of two candidates, France Finance Minister Christine Lagarde (who has officially announced her interest in the job) and Mexico’s central bank governor Agustin Carstens, who is also lobbying for the sought-after position.

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