Posts From Eric Whitman

WASHINGTON (Reuters) – The Republican-controlled U.S. House of Representatives gave final approval on Wednesday to the biggest overhaul of the U.S. tax code in 30 years, sending a sweeping $ 1.5 trillion tax bill to President Donald Trump for his

Wall Street banks are warning about the dangers of bitcoin futures. The Futures Industry Association, which represents big banks and brokers, has warned U.S. regulators that the risks of trading bitcoin futures contracts have not been properly studied. In an

TOKYO (Reuters) – Bitcoin tumbled more than 12 percent in volatile Asian trading on Friday, dropping below the $ 15,000 level after touching a record high above $ 16,000 earlier in the session. Bitcoin was down 12.6 percent on the

Goldman Sachs. BlackRock. Blackstone. They move markets, influence governments and directly employ tens of thousands of people — indirectly, many more. They’ve had their hands in everything from providing insurance in New Zealand to helping take social-media company Snap Inc.

State-owned Steel Authority of India Ltd (SAIL) is set to approve a long-proposed $ 1 billion joint venture with ArcelorMittal at its board meeting next week, three sources with direct knowledge of the matter told Reuters. The decision to approve

Relief is taking hold in Spain. The country’s benchmark stock index added 2.5% on Monday as Madrid moved to assert its authority over the wealthy region of Catalonia. The Ibex 35 was the top-performing stock index in Europe, where most

“Division and disorganization.” That’s the stinging assessment of the British government’s performance delivered Monday by the British Chambers of Commerce. It called on Prime Minister Theresa May to end confusion over Brexit that is hurting the economy. “Public disagreements between

Apple views itself as a fabulous growth machine, the fount that will pour forth the most innovative, best-selling products in tech for years to come. Investors have a starkly different take. Right now, they’re pricing Apple (aapl) as a dull

Here’s a surprise: Oil is back in bull market territory. U.S. crude futures have increased 22% since June, a comeback that has pushed prices to around $ 52 a barrel. It’s welcome news for OPEC, which has been trying to

Warren Buffett isn’t nervous about a stock market bubble. The legendary investor thinks anyone betting against America is “out of their mind.”Buffett, a reliable optimist about the future of the U.S., predicted on Tuesday night that the Dow Jones Industrial