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Monthly Archives: December 2017

Amazon’s private label brands sold almost $450 million in 2017

Andrew Harrer | Bloomberg | Getty Images A letter carrier holds Amazon.com Inc. packages while preparing a vehicle for deliveries at the United States Postal Service (USPS) Joseph Curseen Jr. and Thomas Morris Jr. processing and distribution center in Washington, D.C. Amazon has launched dozens of private label brands across …

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Bitcoin cash skyrockets 80%, breaks above $4,000

Andrey Rudakov | Bloomberg | Getty Images An attendee wearing a t-shirt decorated with a bitcoin rocket illustration and the words ‘To the Moon’ checks his smartphone at the CrytoSpace conference in Moscow, Russia, on Friday, Dec. 8, 2017. Bitcoin cash skyrocketed 80 percent to break above $4,000 on Wednesday …

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Shutdown clock ticking, GOP struggling for spending deal

Andrew Harrer | Bloomberg | Getty Images A man walks near the U.S. Capitol in Washington, D.C., on Tuesday, Dec. 19, 2017. Republicans who control Congress are struggling to come up with a must-pass measure to avoid a government shutdown this weekend. House GOP leaders are short of votes, and …

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Apple is to make it easier to run a single app on all devices

Getty Images Apple CEO Tim Cook (R) and Apple chief design officer Jonathan Ive (L) look at the new Apple iPhone X during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California. Apple is working on tools that …

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The surprising ways Americans are raising their children

Pew researchers found that most American adults are open to the idea of exposing young girls and boys to toys and activities that are typically associated with the opposite gender. In other words, boys are able to do the same things girls are allowed to and vice versa. Still, women …

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Republicans want FBI’s McCabe to answer questions on Clinton emails

Samuel Corum | Anadolu Agency | Getty Images Andrew McCabe, Acting Director of the FBI after President Trump fired James Comey, speaks during a Senate Select Committee on Intelligence hearing in Washington, on May 11, 2017. Two top Republicans are calling for FBI Deputy Director Andrew McCabe to sit for …

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There’s something in the chart that tells me oil is about to surge: Trader

Despite a somewhat quiet few weeks for oil, trader Todd Gordon says there’s one trend in the charts that’s signaling a bounce for the commodity. The founder of TradingAnalysis.com is looking at a triangle pattern in particular that has formed in the chart of USO, the exchange-traded fund that tracks …

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Dozens of lawmakers to reap tax windfall from last-minute GOP loophole

Joshua Roberts | Getty Images Senators Ron Johnson (R-WI) and Bob Corker (R-TN) speak during the U.S. Senate Budget Committee markup of the FY2018 Budget reconciliation legislation on Capitol Hill in Washington, November 28, 2017. Dozens of lawmakers stand to reap a tax windfall thanks to a last-minute loophole inserted …

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5 deductions taxpayers will miss the most in the tax bill

Erik McGregor | Pacific Press | LightRocket | Getty Images Hundreds of New Yorkers gathered outside Cipriani at 42nd Street in Midtown Manhattan on December 2, 2017. Get ready to lose a handful of your favorite tax breaks, thanks to the Republican tax bill. The legislation, known as the “Tax …

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A ‘disconnect’ between stocks, bonds and currencies is raising a flag

A disconnect between equities, bonds and the currency market as tax reform legislation nears passage has one equity strategist concerned. The S&P 500 has rallied to record highs as investors price in hopes of corporate tax cuts, but the Treasury market and U.S. dollar are not behaving in a similarly …

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