Bitcoin fell below $8,000 as a miserable 2018 continued for cryptocurrencies, with investors confronting a mounting list of concerns about the future of the industry.The largest digital currency dropped 12 percent to $7982 at 11:45 a.m. in London, the lowest since Nov. 24, according to consolidated Bloomberg pricing. Rival coins Ripple, Ether and Litecoin tumbled…
Apple Inc. quelled investor concern with results showing solid demand for its flagship iPhone X and a pledge to put its cash hoard to work in buybacks, dividends and acquisitions. The shares rose about 3 percent in extended trading Thursday.The average selling price for the iPhone, Apple’s most important gadget, was $796 in the crucial…
He said he would bring Republicans and Democrats together around a $1.5 trillion infrastructure plan to “give us the safe, fast, reliable and modern infrastructure our economy needs and our people deserve.” And he dared Democrats to reject what he called a “down-the-middle compromise” on immigration where “nobody gets everything they want, but where our…
Reporters from The New York Times checked the facts, falsehoods and statements in need of context from President Trump’s first State of the Union address. Watch a replay along with real time analysis here, and read an annotated transcript of the speech. economy “Since the election, we have created 2.4 million new jobs, including 200,000…
Donald Trump reached across the aisle in his first State of the Union address, offering to work with Democrats on infrastructure, criminal justice and drug prices after a divisive first year in office.But those overtures in Tuesday’s speech fell flat with his opponents, who found little reason to warm to his vision for 2018. His…
President Donald Trump’s wall is no longer the biggest divide between Democrats and Republicans on immigration. The potential deal-breaker may be the status of mothers and fathers and brothers and sisters of immigrants.Trump and Republican hard-liners in Congress are demanding that any agreement resolving the legal status of undocumented immigrants brought to the U.S. as…
This year, the United States is expected to surpass Saudi Arabia and to rival Russia as the world’s leader, with record output of over 10 million barrels a day, according to the International Energy Agency. “This is a 180-degree turn for the United States and the impacts are being felt around the world,” said Daniel…
“It’s pretty clear to me that everybody in the White House knows it would be the end of President Trump’s presidency if he fired Mr. Mueller,” Senator Lindsey Graham, Republican of South Carolina, said on ABC’s “This Week.” Mr. Graham, who has drafted one of two bipartisan bills to protect Mr. Mueller, said he would…
(Bloomberg Government)—History, demographics and the national mood are pointing to one conclusion about the 2018 congressional races: Democrats are well-positioned to bring one-party government in Washington under Donald Trump’s presidency to a screeching halt. There’s a confluence of evidence indicating a so-called wave election may be building that would allow Democrats to wrest the House…
Follow @Brexit on Twitter, join our Facebook group and sign up to our Brexit Bulletin.Sentiment among London’s Brexit-hit bankers sank to its gloomiest depths since the 2008 financial crisis, a survey showed -- a stark contrast to the bullish tone of finance executives gathered last week in Davos, Switzerland.The Confederation of British Industry poll --…
