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Monthly Archives: December 2017

Behind bitcoin’s wild surge: Japanese men

Tomohiro Ohsumi | Bloomberg | Getty Images An employee uses a smartphone as he demonstrates how to purchase bitcoins from a bitcoin automated teller machine (ATM) at the Coin Trader bitcoin retail store in Tokyo, Japan, Aug. 30, 2017. Japanese men may be the driving force of bitcoin’s wild surge, …

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Kentucky lawmaker is a ‘probable suicide’ amid sexual misconduct accusations

Timothy D. Easley | AP In this Tuesday, Dec. 12, 2017, file photo, Kentucky State Rep. Republican Dan Johnson addresses the public from his church regarding sexual assault allegations in Louisville, Ky. Johnson died Wednesday night, Dec. 13, 2017. Kentucky state Representative Dan Johnson, who was facing sexual assault accusations, …

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Business inventories slip 0.1% in October, meeting expectations

Daniel Acker | Bloomberg | Getty Images A stack of plywood is moved with a forklift in the warehouse at Maze Lumber in Peru, Illinois. U.S. business inventories wilted slightly in October, meeting economists’ expectations after flattening out in the prior month. The Commerce Department’s measure of business production dipped …

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North Korea warns that Trump is taking ‘dangerous step’ towards nuclear war with naval blockade

Jung Yeon-Je | AFP | Getty Images People watch a television news screen showing pictures of US President Donald Trump (C) and North Korean leader Kim Jong-Un (R) at a railway station in Seoul on November 29, 2017. President Donald Trump is taking a “big step” towards nuclear war by …

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iMac Pro now available for purchase

Getty Images The new iMac Pro is displayed during the 2017 Apple Worldwide Developer Conference (WWDC) at the San Jose Convention Center on June 5, 2017 in San Jose, California. Apple’s most powerful computer ever, the iMac Pro, is now available for purchase. The iMac Pro was announced earlier this …

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Mick Mulvaney says he’s cautiously optimistic on tentative tax deal

Joshua Roberts | Reuters Office of Management and Budget (OMB) Director Mick Mulvaney speaks to the media at the U.S. Consumer Financial Protection Bureau (CFPB), where he began work earlier in the day after being named acting director by U.S. President Donald Trump in Washington November 27, 2017. White House …

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Worldwide inequality report shows gap between rich and poor

Andrey Rudakov | Bloomberg | Getty Images Superyachts and other smaller luxury vessels sit moored in the Port de Fontvieille in Monaco, on Monday, May 18, 2015. The gap between rich and poor has increased in almost every region of the world over the last four decades, according to a …

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From polio to contraceptive use—here are the health milestones of 2017-commentary

Sam DeLeo | Gates Foundation Sue Desmond-Hellmann in Tanzania with Bill Gates. Desmond-Hellmann is an Advisory Board member for Healthy Returns. When you are lucky enough to work in global health and development, you get to witness some of humankind’s greatest achievements. Yet often, the most inspiring success stories are …

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US tax plans shouldn’t hurt trade partners, says incoming euro chief Mario Centeno

Jose Manuel Ribeiro | AFP | Getty Images Portuguese Finance Minister Mario Centeno gestures as he speaks during a press conference to present the state budget in Lisbon on February 5, 2016. U.S. plans to reform its tax system should not hurt its trade partners, the incoming euro zone finance …

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Greece should only get a debt deal after August, incumbent Eurogroup president Mario Centeno says

Matt Cardy | Getty Images Street vendors sell bread from a stall in the main shopping area following the electoral success by Syriza in the Greek general election on January 26, 2015 in Athens, Greece. Greece needs to fully complete its current bailout program before the country receives any relief …

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