The biggest cryptocurrencies resumed their decline on Sunday, almost a week after bitcoin ended its unprecedented rally by failing to break above $20,000.
President Donald Trump’s 11-nation refugee ban was partially blocked by a judge who found that it violated federal rule-making requirements.
That will not be happening this year. The writing, rewriting and re-rewriting of the tax code has sent tax professionals into a frantic hyperdrive. Late nights spent scrutinizing the new rules in the office have fueled UberEats and other food delivery services. Christmas shopping? Forget about it. Long-scheduled holiday trips are being delayed or interrupted.…
Most of the Republican tax plan will kick in beginning in January, but taxpayers will not see every change immediately. To see how the plan will affect your taxes, try our calculator. Before Jan. 2018 Some taxpayers can make changes before the end of 2017 to put themselves in a better position for next year.…
Bitcoin’s plunge extended to almost 30 percent Friday as the frenzy surrounding digital currencies faced one of its biggest tests yet.The world’s largest cryptocurrency approached $10,000 as this week’s selloff entered a fourth day with increasing momentum. It touched a record high $19,511 on Monday. Other cryptocurrencies also tumbled, ethereum dropped as much as 36 percent and…
The Republican-controlled Congress managed the bare minimum task of keeping the government open before the holiday recess, yet made little progress on a medley of divisive fiscal and social issues it will now be forced to confront in January.Among these are resolving a long-running dispute over defense spending levels; raising the nation’s debt ceiling, which…
“This is serious stuff,” Mr. Schumer said. “We believe you’re messing up America. You could pay attention for a couple of minutes.” How Every Senator Voted on the Tax Bill The Senate passed the bill 51-48, with every Republican present voting yes. Representative Nancy Pelosi of California, the House Democratic leader, called the tax bill…
The final legislative outcome was not in doubt, but the ramifications of the legislation were. Republicans said the bill would prompt an economic boom sufficient to offset a projected explosion in the federal deficit, create jobs, raise wages and even contribute to national unity. Photo Senator Chuck Schumer, Democrat of New York, remained critical of…
From multimillionaires to struggling renters, most everyone will get more money initially. But there is bad news on the horizon.
Coinbase Inc., one of the most popular U.S. cryptocurrency exchanges, is investigating allegations of insider trading on its platform in the hours before the company announced it would enable purchases of the bitcoin spinoff known as bitcoin cash.Bitcoin cash surged in the hours before the San Francisco-based company’s announcement, while bitcoin prices tumbled the most in…
