The prospect of blockchain technology remaking financial services just moved a step closer to reality after banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. completed a successful six-month test in the $2.8 trillion equity swaps market.The program, managed by blockchain startup Axoni, kept track of the swaps contracts after they were executed,…
“Like everything else Trump touches, he hijacks it with his chronic dishonesty and childishness,” said Mark Salter, a longtime adviser to Senator John McCain, Republican of Arizona. “The intense, angry and largely ignorant tribalism afflicting our politics predates Trump’s arrival on the scene. But he has infused it with a psychopath’s inability to accept that…
Republicans have long anticipated that the midterm campaign will prove difficult. But the drubbing they suffered in Virginia, where they lost the governorship by nine percentage points, along with at least 15 State House seats threaded throughout the state’s suburbs, has the party’s governors worried that 2018 could be worse than feared. Voters appear eager…
President Donald Trump has started paying his own legal bills related to the Russia probe, rather than charging them to his campaign or the Republican National Committee, and is finalizing a plan to use personal funds to help current and former White House staff with their legal costs.The Office of Government Ethics and a tax…
Verizon Communications Inc. is close to a new deal with the National Football League for digital streaming rights that would give the largest U.S. wireless carrier the ability to deliver game broadcasts to internet-connected TVs, tablets and phones, according to people familiar with the matter.The deal expands on Verizon’s previous contract, which limited the carrier…
“This was a thumping epic triumph of branding and desire over connoisseurship and reality,” said Todd Levin, a New York art adviser. Photo The painting ‘Salvator Mundi’ by Leonardo da Vinci at Christie’s. Credit Drew Angerer/Getty Images Christie’s marketing campaign was perhaps unprecedented in the art world; it was the first time the auction house…
The same adept calculation saturates the statement that the comedian put out on Friday, a day after the allegations against him were made public. In his “apology” he mentions his anatomy multiple times, but the words “I’m sorry” not once. On the surface, he convincingly telegraphs contrition and a deep disgust at his own weaknesses,…
The $1 trillion fund that Norway has amassed pumping oil and gas over two decades wants out of energy stocks. Norway, which relies on oil and gas for a fifth of economic output, would be less vulnerable to declining crude prices without investments in the industry, the central bank said Thursday. The divestment would mark the second major…
House leaders are poised for a Thursday vote on their tax-overhaul bill as Senate tax writers continue to debate their proposal to make individual breaks temporary and repeal a key part of the Obamacare law. Here are the latest developments, updated throughout the day:Trump Reaches Out to Senator Ron Johnson (10:37 a.m.)A Republican senator who…
The day’s events seemed to harden the resolve of Senate Republicans to avert what they fear would be a nightmare situation going into the midterm elections next year: being associated with a man accused of preying on children. “It’s drip by drip, cut by cut,” said Senator Richard C. Shelby, Alabama’s senior lawmaker. “It doesn’t…
