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Monthly Archives: December 2017

Senate approves tax bill after Republicans sprint to rework it

Saul Loeb | AFP | Getty Images Senate Majority Leader Mitch McConnell (2nd R), alongside US Senator John Barrasso (L), Republican of Wyoming; and US Senator Orrin Hatch (2nd L), Republican of Utah, speaks after a meeting between US President Donald Trump and the Republican Senate Caucus at the US …

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ABC News corrects bombshell Michael Flynn report

Joshua Roberts | Reuters Former U.S. National Security Adviser Michael Flynn departs after a plea hearing at U.S. District Court, in Washington, U.S., December 1, 2017. ABC News issued a statement on Friday in which it corrected a stunning report about Michael Flynn, the former White House official who pleaded …

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28-year-old blogger Michelle Schroeder-Gardner earns $100,000 a month

Courtesy of Michelle Schroeder-Gardner Michelle Schroeder-Gardner and her husband Wes quit their jobs in 2013 and now travel full-time in an RV The time and effort paid off: By 2013, she was bringing home an additional $10,000 a month from her blog. The extra income not only allowed her to …

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CME says it’s launching bitcoin futures on Dec. 18

CME announced Friday its new bitcoin futures contract will be available for trading on Dec.18. The CME announcement came as the Commodity Futures Trading Commission said it will allow the world’s largest futures exchange and its competitor, the Cboe Futures Exchange, to launch bitcoin contracts. Cantor Exchange also self-certified a …

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The dollar took a dive on Friday, but it could catch a bid next week

The U.S. dollar index was extremely volatile in Friday trading, tumbling midmorning after President Donald Trump’s former national security advisor Michael Flynn pleaded guilty to lying to the FBI about his communication with Russia’s ambassador to the United States. Despite the greenback’s choppy trading to close the week, it could …

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Amid tax-bill euphoria, one big part of the stock market is getting left behind: Tech

The market has been focused on the potential that the repatriation of the billions of dollars technology companies have kept stashed overseas will bring a new round of stock buybacks and dividends. But the proposed changes in tax structure to a new territorial-based version ends loopholes used widely by tech …

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Congress dangles tax cuts, possible shutdown in week ahead

Tax legislation will dominate markets in the week ahead, as Congress works to push through a bill that will include a dramatic cut in corporate taxes and reduce individual taxes for many taxpayers. Investors will also be on the lookout for more headlines about the Russia probe, now that Michael …

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Facebook exploring pre-roll ads

Getty Images Facebook CEO Mark Zuckerberg delivers the keynote address at Facebook’s F8 Developer Conference on April 18, 2017 at McEnery Convention Center in San Jose, California. Facebook might be experimenting with a new ad format, according to a report in Ad Age, amid jitters about the company’s advertising growth …

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Jared Kushner is ‘very senior’ Trump official who directed Flynn: NBC

Jabin Botsford | The Washington Post | Getty Images National Security Adviser Mike Flynn, and Jared Kushner, senior adviser to President Trump, listen to President Trump during a listening session with cyber security experts in the Roosevelt Room the White House in Washington, DC on Tuesday, Jan. 31, 2017. President …

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Fed’s goals include ‘economic opportunity’ for all: Harker

Charles Mostoller | Bloomberg | Getty Images Patrick Harker, president of the Federal Reserve Bank of Philadelphia. The Federal Reserve’s goals include promoting inclusive “economic opportunity” for Americans of all income levels, Philadelphia Fed President Patrick Harker said on Friday, offering his interpretation of the central bank’s mandate for maximum …

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