China can handle its three bubbles, expert says

China can handle its three bubbles, expert says

In the aftermath of the stock market freefall in June, China is facing three potential economic bubbles — but they are manageable, a China expert said Wednesday during a forum at the American Enterprise Institute. Rising real estate prices, growing debt and the...
Uber faces challenges on Capitol Hill

Uber faces challenges on Capitol Hill

WASHINGTON – With Uber under pressure in Europe, opponents in the U.S. called for legal requirements in the “sharing economy” to level the playing field for traditional taxi service in the United States. Mike Fogarty, president of the Taxicab, Limousine &...
Virtual currency, real-world rules

Virtual currency, real-world rules

Critics worry that new state regs for bitcoin firms could impede market WASHINGTON – If you live in New York and trade in the digital currency known as bitcoin, here’s something you should know: Your choices on service providers may be severely limited due...