Automattic

This afternoon, Treasury, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and the Federal Reserve will announce the results of an unprecedented review of the capital position of the nation’s largest banks. This will be an important step forward in President Obama’s program to help repair the financial system, restore […]

Madoff victim Alexandra Penney, who lost her life savings in the ponzi scheme, on Bernie’s dirty fantasies, living the frugal life, and some post-Ponzi schadenfreude.

It’s not just erratic gas prices and a bad economy that’s hurting automakers. It may be that Americans are changing.

Having racked up some 17,000 miles, the plug-in Prius hybrids are averaging just 51 mpg. That’s raising uncomfortable questions about the value and effectiveness of plug-in technology, even as President Obama pledges to have 1 million of them on the road by 2015.

Granta.com’s New Voices series showcases original fiction from emerging writers. The latest story in this series is ‘Dragon Island’ by Laura Fellowes.

This was our third interview about the economy, the first two occurring during last year’s campaign. And while the setting was decidedly more formal this time — the Oval Office — the interview felt as conversational as those earlier ones. We sat at the far end of the office from his desk and spoke for […]

When underdogs break the rules.

Chesley “Sully” Sullenberger, the pilot who landed US Airways Flight 1549 in the Hudson River last January, was justly celebrated for his skill and courage. Less has been revealed about other players in the drama: those enigmatic geese, the engines they struck, a pioneering French engineer, and an unsung hero—the Airbus A320 itself.