Economics News continually updated from thousands of sources around the net.
26 min ago | GPB.org
Retirees Mike Shane and William Davis protest near the federal courthouse in Detroit on July 3. Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday.
Trending on the Topix Network
4 hrs ago | KOLD-TV Tucson
A man accused of enslaving a mentally disabled woman in northeast Ohio is set to be sentenced in federal court in Youngstown.
8 hrs ago | WTNH
New London's Board of Education has postponed a planned vote to approve the contract for its new superintendent of schools.
13 hrs ago | The Raw Story
Detroit's city workers and retirees overwhelmingly agreed to accept the city's debt adjustment plan, according to results filed late Monday, potentially clearing the way for the struggling city to exit bankruptcy in the next few months.
A court-appointed expert says the city's debt-cutting bankruptcy plan is feasible, but stressed Detroit needs more municipal workers and commitment from its leadership to carry out the massive restructuring.
Cybercriminals are spreading a new file-encrypting ransomware program that's more powerful and resilient than Cryptolocker, a threat recently shut down by the U.S. Department of Justice.
Only 8.2 million people went to one of Six Flags' 18 parks in April, May or June.
Detroit suspended its aggressive policy of cutting off water to customers with unpaid bills on Monday, the latest response to a controversy that has prompted large protests and caught the attention of the judge overseeing the city's bankruptcy.
Dell has already taken payments in Bitcoin, through gift cards, or Gyft cards to use its term, but it has gone further now, partnering with Coinbase to take the virtual cash directly .
Ernie Shipman, owner of Renaissance Firearms in Rochester's Gonic neighborhood, displays pistols Thursday in the back room of his store on Main Street.
The Wisconsin International School filed for Chapter 7 bankruptcy this month after notifying staff and parents by email the school was shutting down immediately, Press-Gazette Media reported Saturday.
Registered runners for the 5K Foam Fest set for Aug. 2 in Reno received an email Thursday from Spanish Fork, Utah-based Round House Racing saying it went out of business and the event was canceled.
If you still don't understand what the deal with Bitcoin is, don't worry: Even it's biggest boosters admit it is still probably still too early to be useful to the mainstream.
Efforts to improve Detroit have not idled over the past year as the city put plans in place to restructure billions of dollars in debt during bankruptcy.
Detroit neighbourhoods are being relit, its vacant homes are being sold off or torn down, its public transportation is cleaner and more often on schedule and the city has renegotiated some burdensome union contracts.
In the 36th year of casino gambling in New Jersey, which not too long ago had a monopoly on the East Coast, the casino industry is crashing with a suddenness and a fury that has caught many people here by surprise.
Marcelina Mojica and her husband Jonathan Mojica, shown here with their dog Lilly, moved into a homeless shelter in the Bronx to keep up with their car payments on their Hyundai sedan.
Updated: Tue Jul 22, 2014 03:33 pm
Copyright © 2014 Topix LLC