- Federal guidance on pot business leaves banks wary Updated: Feb-15-14 1:26 am
- Marijuana industry relieved as feds allow banking Updated: Feb-14-14 5:24 pm
- Yellen rebuffs Fed critics and pleases investors Updated: Feb-11-14 6:29 pm
SEATTLE - For marijuana dispensaries around the country, the days of doing business in cash - driving around with bill-stuffed envelopes to pay the rent, or showing up at a state revenue office with $20,000 in paper bags for the tax man - can't end soon enough.
DENVER - The marijuana industry breathed a sigh of relief Friday after federal banking regulators issued long-awaited permission for them to access basic banking services. But Colorado's pot pioneers said more needs to be done to bring the industry full legitimacy.
WASHINGTON - Janet Yellen pursued a simple strategy Tuesday for handling a battery of lawmakers who came armed with skepticism about the Federal Reserve.