When autonomous cars have accidents, who pays?

When autonomous cars have accidents, who pays?

WASHINGTON — Valentine’s Day this year was less than sweet for Google. For the first time since it began testing autonomous cars in 2009, one of Google’s cars caused an accident. It was the 17th accident for a Google Autonomous Vehicle in California, but...
Market liquidity limited by regulations, analyst warns

Market liquidity limited by regulations, analyst warns

WASHINGTON — A JP Morgan Chase executive called Monday for scrutiny of how financial regulations, imposed in the aftermath of the financial crisis, limit liquidity during times of slower trading and lower volume in the market. Sandra O’Connor, chief regulatory affairs...
Who will pay for the future?

Who will pay for the future?

WASHINGTON — The promise of tomorrow is a long-time coming. In 1943, a Western Airlines advertisement declared: “TOMORROW, you can live a new life of unhurried speed, where family helicopters, super airliners and many amazing new machines will provide ample leisure.”...

New FEC chair aims for efficiency not upheaval

Matthew Petersen might have made the best financial decision of his life when he was fifteen. For $1, he bought the Star ’85 Chicago Bulls basketball card team set—a bundle that included a Michael Jordan rookie card. In 2016, that piece of cardboard is selling on eBay...