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Monthly Archives: December 2017

What to look out for

Chris Ratcliffe | Bloomberg | Getty Images Mark Carney, governor of the Bank of England (BOE). The most important take-home from Thursday’s Bank of England (BOE) meeting is likely to be talk of what happens next. Analysts are divided on the coming year’s BOE forecast for interest rates and monetary …

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Alphabet’s Google opens China AI centre

STR | AFP | Getty Images Go player Ke Jie takes on Google’s artificial intelligence program AlphaGo on May 23, 2017, in China. Google’s popular search service might be blocked on the Chinese mainland, but that’s not stopping the company from expanding its presence in the country’s burgeoning artificial intelligence …

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Doug Jones makes GOP tax plan more urgent

Aaron P. Bernstein | Reuters (L-R) Senate Majority Leader Mitch McConnell, Sen. Orrin Hatch, Treasury Secretary Steve Mnuchin and Director of the National Economic Council Gary Cohn introduce the Republican tax reform plan at the U.S. Capitol in Washington, U.S., November 9, 2017. Republicans are rushing to overhaul the American …

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LeEco founder Jia Yueting blacklisted by China

Patrick T. Fallon | Bloomberg | Getty Images LeEco founder Jia Yueting speaks at the 2017 Consumer Electronics Show on Jan. 3, 2017. After a tumultuous year which saw Chinese technology conglomerate LeEco fall from grace, the company’s billionaire founder was recently dealt yet another blow. Jia Yueting, LeEco’s founder, …

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Senate Republicans savage Steve Bannon after Moore’s upset loss

Getty Images Steve Bannon speaks before introducing Republican Senatorial candidate Roy Moore during a campaign event at Oak Hollow Farm on December 5, 2017 in Fairhope, Alabama. Republicans wasted no time Tuesday night in publicly blaming former White House strategist Steve Bannon for the stunning loss of Roy Moore in …

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FBI agents called Trump an idiot during presidential race

Shawn Thew-Pool | Getty Images President Donald Trump delivers remarks on tax reform to the National Association of Manufacturers at the Mandarin Oriental Hotel. The agents, Peter Strzok and Lisa Page, had exchanged text messages about the future president during the 2016 campaign trail, NBC said. One such message on …

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Infrastructure spending on road project dries up

Metin Aktas/Anadolu Agency/Getty Images Pakistani army members and Chinese staff pose for a photo during the opening of a trade project in Gwadar port, west of Karachi on November 13, 2016. The port is a key part of the China-Pakistan Economic Corridor. Pakistan is home to one of China’s central …

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TD Ameritrade says take profits, buy tech shares in 2018

Drew Angerer | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) at the closing bell, November 30, 2017 in New York City The other market opportunity could lie in the technology sector, which “still has room to grow,” according to …

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Coinbase suspends ethereum buys and sells twice in one day

Coinbase, the leading U.S. platform for buying and selling major digital currencies, said twice on Tuesday that transactions in ethereum were “temporarily disabled.” In the morning New York time, Coinbase said buys and sells of ethereum and litecoin were temporarily disabled. That issue was resolved around noon ET. But by …

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Credit Suisse reveals energy stock picks, oil price outlook

RJ Sangosti | The Denver Post | Getty Images Crews work at Anadarko’s centralized fracking facility and drill site near Fort Lupton, Colorado. Credit Suisse initiated coverage on a slew of energy stocks Monday, telling investors it’s bullish on oil prices. “We expect WTI to be in the $50-60 range …

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