Conspicuously missing from the FBI’s information that first described the suspects in the Boston Marathon bombing? A reward for information leading to their capture.
Public safety unions in Boston put a $50,000 bounty on the heads of the suspects, but the feds, skirting tradition, sat out the reward game.
Blame the sequester. House and administration aides confirmed that the automatic budget cuts that U.S. agencies are making put some constraints on issuing discretionary monetary awards without a formal review of the proposed spending.
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
In this case, the reward would likely have been approved. But the FBI, confident of quickly identifying the suspects because of how quickly high-quality evidence was discovered, chose not to wait.
-
Kiplinger Weekly Quiz: What's Driving the Gold Price?Quiz Soaring gold prices and a new IRS CEO were in the news this week — but why? How much do you know about the week's financial stories?
-
Ask the Editor: Capital Losses and the Wash Sale RuleAsk the Editor In this week's Ask the Editor Q&A, we answer five questions from readers relating to end-of-year tax planning, capital-loss harvesting and the wash sale rule.
-
Apple Readies for AI Upgrade with New iPhonesThe Kiplinger Letter The tech giant has stumbled when it comes to artificial intelligence, but a new batch of iPhones will help it make headway.
-
Japan Enters a New Era of Risk and ReformThe Kiplinger Letter Japan has entered a pivotal moment in its economic history, undertaking ambitious policy and structural reforms to escape from decades of stagnation.
-
How Consumers Are Tinkering with Cutting-Edge AIThe Kiplinger Letter Companies launching artificial intelligence tools are jostling for consumer attention. Some products are already building a deep connection with users.
-
After Years of Stagnant Growth, Hope Emerges for EU EconomyThe Kiplinger Letter Can a German fiscal push outweigh French political peril?
-
Small Businesses Are Racing to Use AIThe Kiplinger Letter Spurred on by competitive pressures, small businesses are racing to adopt AI. A recent snapshot shows the technology’s day-to-day uses.
-
How AI Puts Company Data at RiskThe Kiplinger Letter Cybersecurity professionals are racing to ward off AI threats while also using AI tools to shore up defenses.
-
AI Start-ups Are Rolling in CashThe Kiplinger Letter Investors are plowing record sums of money into artificial intelligence start-ups. Even as sales grow swiftly, losses are piling up for AI firms.
-
What is AI Worth to the Economy?The Letter Spending on AI is already boosting GDP, but will the massive outlays being poured into the technology deliver faster economic growth in the long run?
