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Private-prison companies keep winning, and they have U.S. taxpayers to thank. → Read More
As heat and humidity soared and New Yorkers slowed their famously fast strides to cope, a small miracle happened in Midtown: A single-family house was assembled in three days. → Read More
The biggest private prison operators, which have poured money into Republican coffers, stand to make a windfall from President Donald Trump’s “zero tolerance” policy on illegal immigration that has pushed thousands of undocumented immigrants into detention. → Read More
To make his fortune on cryptocurrency, Jake Benson doesn’t have to choose a winner among the hundreds of firms hawking digital tokens. He just needs to do their taxes. → Read More
All eyes were on Facebook Inc. and its ambitious expansion plans when the social-media giant bought a 21-building campus in Menlo Park, California, from Prologis Inc. Turns out the 2015 deal turned a tidy profit for the warehouse landlord -- and made its other properties in the area more valuable. → Read More
The smell of marijuana wafted through a half-filled event space in Manhattan’s Meatpacking District, as a group of cryptocurrency believers downed champagne and blood orange margaritas. → Read More
Financial firms are leaving Midtown for this new Manhattan neighborhood. → Read More
Last week, economist Nouriel Roubini tested his arguments against cryptocurrencies at the Milken conference, only to ignite a verbal brawl on stage. On Thursday evening in Brooklyn, the whole audience was hostile. → Read More
The building looks abandoned, but inside the graffiti-covered door, 200 workers tap at laptops with the goal of reshaping the world. → Read More
It was the last day of the World Economic Forum in Davos and Wayne Caines, Bermuda’s minister of national security, was about to head home after an exhausting week. But before leaving, he told a group of blockchain enthusiasts, “If you are really serious about advancing this space and working with us, meet us in Bermuda on Monday.” → Read More
For Prologis Inc., the world’s largest warehouse owner, the biggest challenge to growth has been acquiring land in the markets most important to its e-commerce tenants. The solution: buy a rival. → Read More
Forget your fancy office towers. The future lies in warehouses. → Read More
Contemporary artist Philip Colbert, whose colorful, high-spirited art is finding buyers around the world, had been toying with the idea of creating his own catalog system to prove the authenticity of his expanding body of work. → Read More
Far more people sleep in San Jose than work there, a challenge for the California city’s tax coffers. Now officials are hoping a massive property sale to Google will change that. → Read More
Ripple, the San Francisco-based venture looking to rewire financial firms with Bitcoin’s underlying technology, said Latin America’s biggest bank by market value is among five new customers joining its international money-transfer network. → Read More
Authorities around the world worry that cryptocurrencies could become tax havens. → Read More
Stock traders who want to pull all-nighters can now do so through TD Ameritrade Holding Corp. → Read More
Digital money has a very human vulnerability: psychology. → Read More
The next step in the bitcoin revolution will take a bit longer than some anticipated. → Read More
The world’s biggest exchange is joining the bitcoin revolution. → Read More