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A group of hackers seized the Reddit account and personal blog of the CEO of MtGox, which had formerly been the largest depository of Bitcoins before a sudden and spectacular meltdown a few weeks ago, and alleged that the site's leaders did not mysteriously lose millions of dollars worth of the digital currency due to outside theft but, rather, that they stole the money themselves, according to
The terrible weather everyone has been complaining about over the last few weeks identified by Philadelphia Fed President Charles Posner as a factor for why February's less than impressive job growth figures, according to Reuters. This led the fed chief to believe that the reported weakness in the labor market is only temporary, and conditions will improve when the weather does, said Reuters.
Keith Edwards, a former assistant vice president at JP Morgan, will receive $63.9 million for information he supplied that eventually led the bank to admit that it had spent years defrauding the government, according to Forbes.
In a technical memorandum released today, the New York State Department of Taxation and Finance recaps personal income tax changes that were enacted as part of the 2013-2014 New York State budget and go into effect for tax years after 2013. The changes affect such areas as the Family Tax Relief credit, the Hire a Veteran credit and the Minimum Wage Reimbursement credit.
According to Accounting Today, the Internal Revenue Service (IRS) is beating its stats from the 2013 filing season: It issued some 48 million tax refunds by the end of February, a 5.6 percent increase compared to the same time period last year. The average refund is also up 3 percent compared to last year, and the number of returns filed electronically also rose slightly.