BTC China, the nation’s largest Bitcoin exchange, has had low-level discussions with regulators seeking recognition of the digital currency that would allow it to be used to buy goods and services in the country.
Scott Stringer vowed during his successful campaign for New York comptroller to reduce the $370 million in fees the city’s five pension funds pay money managers and consultants annually. His job, which starts Jan. 1, just got harder.
Around the side or back doors and down 10 steps of the single-family homes in Ozone Park, Queens, lies a netherworld of illegal basement dwellings -- a byproduct of New York’s chronic housing shortage.
U.S. authorities are examining JPMorgan Chase & Co.’s ties to a consulting firm owned by the daughter of former Chinese Premier Wen Jiabao as part of a probe into whether the bank awarded contracts and jobs in order to win business deals, the New York Times reported today.