Criminals Are Ditching Bitcoin for Litecoin and Dash, Study Says
published Feb 8, 2018 9:26:27 AM, by Lily Katz (Bloomberg) — It may seem like everyone from Grandma to Goldman Sachs Group Inc. has piled into Bitcoin in the past year, but there’s at least one group that’s looking for a way out: Criminals. In the next six to 12
Women and Family: As Families, We Shop Everywhere! by Brad Weisman
Nearly 30% plus of shopping is now being done online and on the rise. 50% or more of kids have a cell phone. It is becoming clear that the shopping experience in our lives as well as are kids is changing. The digital economy has taken away from the manual
U.K. Lawmakers Jet to Washington to Take on Tech Executives
published Feb 8, 2018 8:50:52 AM, by Adam Satariano and Ben Brody (Bloomberg) — U.K. lawmakers traveled to Washington for an unusual hearing to press executives from Facebook Inc., Alphabet Inc.’s Google and Twitter Inc. to do more to keep junk news and misinformation from spreading online. The House of
Allstate CEO Says Tax Overhaul Frees Up Half-Billion in Profit
published Feb 7, 2018 5:40:35 PM, by Sonali Basak (Bloomberg) — Allstate Corp. Chief Executive Officer Tom Wilson said the insurer’s $506 million windfall from the U.S. tax overhaul will be used to invest in growth. “First we’re going to put more money into marketing, second we’re going to expand
Cryptocurrencies Are Like Ponzi Schemes, World Bank Chief Says
published Feb 7, 2018 4:42:36 PM, by Shelly Hagan (Bloomberg) — The head of the World Bank compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin. “In terms of using Bitcoin or some of the cryptocurrencies, we are
Why Pelosi Is Rolling the Dice for Dreamers: Francis Wilkinson
published Feb 7, 2018 4:28:22 PM, by Francis Wilkinson (Bloomberg View) — Most Americans don’t think that securing a future for Dreamers, the undocumented immigrants who were brought to the U.S. as children, is worth the price of shutting down the federal government. Is House Democratic leader Nancy Pelosi like most
Here’s the Trump Tax Loophole Your Accountant Can Blow Open
published Feb 5, 2018 2:44:19 PM, by Ben Steverman and Patrick Clark (Bloomberg) — If exploiting a tax loophole is as much an art as a science, then the tax planning profession is poised for a creative renaissance. The inspiration is the tax law signed by President Donald Trump in
N.Y. Leads States in Suit Over Trump Delaying Clean Water Rule
published Feb 6, 2018 12:49:12 PM, by Erik Larson (Bloomberg) — Nearly a dozen states sued the Trump administration for suspending a 2015 rule that was billed as a long-overdue update to the definition of lakes, rivers, streams and wetlands designed to improve protection under the Clean Water Act of
U.S. Stocks Linger Lower After Tumultuous Morning: Markets Wrap
published Feb 6, 2018 1:13:34 PM, by Sarah Ponczek and Kailey Leinz (Bloomberg) — U.S. equity indexes were down heading into the final hours of trading after a tumultuous morning that saw the Dow swing more than 900 points in 25 minutes. The S&P 500 Index plunged as much as
How a Driverless Future Threatens the Iron Laws of Real Estate
published Feb 5, 2018 7:00:09 PM, by Jack Sidders and Jess Shankleman (Bloomberg) — The link between property and transport has been perhaps the most durable in human history. Since the ancients, few things have delivered higher land values with more certainty than advances in transport, from roads to canals,