Economics News continually updated from thousands of sources around the net.
Trending on the Topix Network
People often discuss Bitcoin in terms of its price volatility: Is it up or down? Is it a good investment or a speculative bubble? Bitcoin offers merchants and individuals an extremely low-cost, virtually frictionless payments system.
The emergency room at the recently closed North Adams Regional Hospital could re-open within a month under an agreement reached in court.
Accountancy firm Deloitte LLP said Thursday it has been appointed receiver of one of London's most iconic buildings, the Gherkin.
The failed Bitcoin exchange Mt Gox is to be liquidated after a Tokyo court ordered bankruptcy proceedings to proceed, it has been confirmed.
Bankruptcy proceedings began Thursday for the Mt. Gox bitcoin exchange, a move that was widely expected after the Tokyo District Court decided earlier this month that the company would not be able to resurrect itself.
Freedom Industries is behind the disastrous chemical leak at Charleston earlier this year.
Pharma Pac laid off 84 employees from its DeKalb facility on March 7, according to a notice filed with the Mississippi Department of Employment Security.
Here are five things to know about the once-grand restaurant in Central Park: 1. The Victorian Gothic structure was originally built in 1870 as a sheepfold for the flock that grazed in the Sheep Meadow.
Hospital board attorney Walter Brown told aldermen Tuesday the tax credit is a "quick step forward" to completing the sale.
Additional help from its bailout creditors would help the crisis-stricken country as it seeks to overcome a protracted recession and tackle rampant unemployment.
Brokers work in a trading room of a Portuguese bank in Lisbon, Wednesday, April 23, 2014.
The Labor Department said Tuesday that the unemployment rate for 2013 college graduates was 10.9 percent.
Plaintiffs suing the company also filed a proposed class action lawsuit in Manhattan bankruptcy court on Monday, seeking an order declaring that GM cannot use the bankruptcy protection to absolve itself from liabilities.
The federal judge overseeing Detroit's historic bankruptcy case tapped a top restructuring official at Phoenix Management Services on Tuesday to help the court determine if the city's plan to adjust its $18 billion of debt is feasible.
General Motors Co. is asking a U.S. bankruptcy judge to shield it from legal claims for actions that took place before the company's 2009 bankruptcy.
The Federal Election Commission will consider a request this Wednesday that could open the floodgates for donors to make political contributions in bitcoin in the upcoming midterm elections.