In August 2013, the U.S. Patent and Trademark Office (USPTO) reported a backlog of 591,665 patent applications waiting to be examined and an average total pendency (time from filing to end of examination) of 29.4 months.
This time of year can be especially hectic. Between decorating, entertaining, gift buying (and wrapping!), and actually celebrating the holidays, it seems like there are never quite enough hours in the day.
Moody's announced last week it downgraded its ratings on four major U.S. banks to reflect the reduced chances of a government rescue in future. Do you think this will have much of an effect on the economy?