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Monthly Archives: December 2017

‘Bitcoin Jesus’ says investors should be ready in case bitcoin falls out of favor

Anthony Kwan | Bloomberg | Getty Images Roger Ver, chief executive officer of Bitcoin.com. “Whereas if they’re stuck on your own phone or your own computer and everybody’s running for the door … it will be too late at that point to move your own bitcoins from your own wallet …

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Apple could ring in the New Year with $1 trillion market cap

Apple has surged 50 percent this year, and one technician thinks the tech giant could reach the $1 trillion market cap mark as soon as January. “On a technical basis, the stock has had times where it has rallied strongly, moved in a sideways channel here for two months and …

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Cryptocurrencies still a ‘wild west’ after rocky rollout of trading

Bitcoin cash, an offshoot of the wildly popular bitcoin, climbed Tuesday afternoon and soared further above $3,000 after Coinbase announced around 7 p.m., ET, it was beginning trading in the cryptocurrency. The news surprised many in the market since Coinbase said in August it wouldn’t allow withdrawals of bitcoin cash …

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Paul Ryan says ‘nobody knows’ if tax bill will pay for itself

Tom Williams | CQ Roll Call | Getty Images From left, Rep. Cathy McMorris Rodgers, R-Wash., Speaker Paul Ryan, R-Wis., Rep. Neal Dunn, R-Fla., House Majority Leader Kevin McCarthy, R-Calif., and Majority Whip Steve Scalise, R-La., conduct a news conference after a meeting of the House Republican Conference in the …

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Apple should replace old batteries instead of slowing down iPhones

Stephen Lam | Reuters Tim Cook, CEO, speaks during Apple’s annual world wide developer conference (WWDC) in San Jose, California, U.S. June 5, 2017. For years I told people they were crazy for thinking that Apple was purposely slowing down older iPhones in an effort to force customers to upgrade …

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British PM May’s deputy Damian Green resigns

Gareth Fuller | PA Images | Getty Images Damian Green leaves his house in Ashford, Kent. British Prime Minister Theresa May’s most senior minister, Damian Green, has resigned at her request after an internal investigation found that he had made misleading comments about pornography found on computers in his parliamentary …

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Trump says corporate tax cut is ‘biggest factor’ in GOP tax plan

Jonathan Ernst | Reuters President Donald Trump delivers remarks to reporters at the start of a cabinet meeting at the White House in Washington, U.S., December 20, 2017. The president called it “above all else a jobs bill,” contending that changes to the business tax structure would encourage more companies …

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US confirms 300% duties on disputed Bombardier jets, a win for Boeing

Jasper Juinen | Bloomberg | Getty Images A Bombardier CS300 C Series aircraft, manufactured by Bombardier Inc. The U.S. Commerce Department on Wednesday finalized duties of nearly 300 percent on passenger jets made by Bombardier, a win for Boeing, which lodged the complaint against its Canadian rival. The decision follows …

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Ben Carson leads prayer for tax cuts at Trump Cabinet meeting

Jonathan Ernst | Reuters President Donald Trump excuses reporters after his remarks to them at the start of a cabinet meeting at the White House in Washington, U.S., December 20, 2017. Housing and Urban Development Secretary Ben Carson led President Donald Trump and members of his Cabinet in a prayer …

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Congress is dealing 2 big blows to Obama-era health law

Scott J. Ferrell | Congressional Quarterly | Getty Images Sen. Lamar Alexander, R-Tenn., and Sen. Susan Collins, R-Maine. Republican Sens. Susan Collins of Maine and Lamar Alexander of Tennessee say they’ve abandoned their effort to force a year-end budget bill to restore federal payments to insurers that have helped contain …

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