Many Americans are not financially prepared for retirement, with almost a third of working adults without savings or a pension, according to a Federal Reserve survey published on Wednesday. The Fed's 2014 Survey of Household Economics and Decisionmaking found that about 38 percent of the more than 5,800 respondents have either no intention to retire or plan to keep working for as long as possible. "Thirty-one percent of non-retirees have no retirement savings or pension, including nearly a quarter of those older than 45," the Fed said.
A U.S. judge ordered Yahoo Inc to face a nationwide class-action lawsuit accusing it of illegally intercepting the content of emails sent to Yahoo Mail subscribers from non-Yahoo Mail accounts, and using the information to boost advertising revenue. In a decision late Tuesday night, U.S. District Judge Lucy Koh in San Jose, California said people who sent emails to or received emails from Yahoo Mail subscribers since Oct. 2, 2011 may sue as a group under the federal Stored Communications Act for alleged privacy violations. Holders of non-Yahoo Mail accounts accused Yahoo of copying and then analyzing their emails, including keywords and attachments, with a goal of creating "targeted advertising" for its subscribers, in addition to detecting spam and malware.
By Eric Auchard and David Mardiste TALLINN (Reuters) - The U.S. National Security Agency chief called on Wednesday for an "open, reliable and safe" Internet governed by international rules akin to the Law of the Sea, while deflecting critics who say NSA spying has undermined public trust in the cyberworld. Admiral Michael Rogers spoke a few days after the U.S. Senate rejected a bill to extend spy agencies' bulk collection of Americans' telephone records, putting the program in doubt shortly before its expiry on June 1.
WASHINGTON (AP) — Drinking water for 117 million Americans will be protected under new government rules protecting small streams, tributaries and wetlands from pollution and development, the Obama administration said Wednesday.