As Bitcoin grabs headlines and soars to stratospheric prices, two major financial powers, China's central bank and Bank of America, reached opposite conclusions about whether the popular cybercurrency has a legitimate place in world commerce.
EQUITIES NEW YORK - U.S. stocks fell on Thursday, with the Dow and S&P 500 dropping for a fifth straight session after a round of mixed economic data left traders guessing as to when the Federal Reserve would begin to slow its stimulus program.
New York. Fast-food workers and labor organizers are set to turn out in support of higher wages in cities across the country Thursday.
Stoked by rising inventories, the American economy grew at a significantly faster pace in the third quarter than first estimated, but probably at the expense of economic activity during the current quarter as businesses work off some of the excess stock on their ...
US gross domestic product figures for the third quarter were revised sharply higher on Thursday, with much of the rise driven by an increase in business inventories.