Sony's new PlayStation 4 won't be on store shelves until next month, but the gaming console has already raised eyebrows in Brazil, after reports that it would cost 3,999 Brazilian real — or about $1,845 at today's exchange rate.
The company says the steep cost isn't a case of price gouging, but instead a sign of Brazil's heavy taxes and fees on imported electronics.
The game system will be released in the United States on Nov. 15 and in countries including Brazil later that month. Large retailers in the U.S. will offer the PS4 at a base price of around $400.
Originally published on Tue October 22, 2013 4:59 pm
If you were one of those Americans who just can't wait to file your taxes because you're owed a handsome refund, the Internal Revenue Service has news for you: You're going to have to wait.
The IRS said today that the 16-day federal shutdown means it will delay the start of the 2014 filing season by one to two weeks. The shutdown delayed the updating and testing of some of the IRS' systems.
Over the past year, Americans' support for legalizing pot has surged 10 percentage points.
That's according to Gallup, which has been asking the question since 1969. That means that 58 percent of Americans — a clear majority for the first time in more than 40 years — support legalizing marijuana and just 39 percent say the opposite.
To see the dramatic shift in public opinion, just look at this historical graph from Gallup:
Originally published on Wed October 23, 2013 10:21 am
The National Oceanic and Atmospheric Administration, the federal agency charged with surveying the nation's navigable waters to help keep mariners off the rocks and out of the shallows, will cease printing paper charts after mid-April.
Originally published on Tue October 22, 2013 6:45 pm
The U.S. Capitol Dome is about to undergo a $60 million restoration. Construction is scheduled to begin in November and last for two years.
"From a distance the dome looks magnificent, thanks to the hard-work of our employees," the Architect of the Capitol Stephen T. Ayers says in a statement. "On closer look, under the paint, age and weather have taken its toll and the AOC needs to make repairs to preserve the Dome."
Ayers says this will be first time the dome will receive a complete makeover since the one it received in 1959 to 1960.
Originally published on Tue October 22, 2013 3:09 pm
Cuba will end the two-currency system it has used for nearly 20 years. Since the collapse of the Soviet Union, Cuba has used either American currency or a peso that's pegged to the dollar alongside its national peso.
The monetary unification will phase out a system that has become a symbol of exclusivity and foreign wealth. Many products that are imported into the country can be bought only with the dollar-based convertible peso. But most Cubans are paid in the standard peso, which is worth just a fraction of the other currency.