Bitcoin may not be worth all the hoopla: N.Y. Fed blog post Bitcoin and other digital currencies have, so far, not been formidable competition for cash, checks or credit cards as a payment method in the United States and other major economies, according to two economists at New York Federal […]

Critics in Merkel’s conservatives vow to block coalition projects The business wing of Chancellor Angela Merkel’s conservatives on Saturday vowed to block certain projects included in this week’s coalition agreement with the Social Democrats (SPD), as tensions roiled both political blocs. Christian von Stetten of Merkel’s Christian Democrats (CDU) said […]