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China’s people moved by the markets rather than party diktats

China’s people moved by the markets rather than party diktats

A lucrative service sector has challenged central planners’ hopes of controlling labour

Published 6 months ago

China fintech lending boom fuels risks of data theft

China fintech lending boom fuels risks of data theft

Black market in user details thrives as apps require borrowers to grant access to phones

Published 6 months ago

Bitcoin Mania: Even Grandma Wants In on the Action

Bitcoin Mania: Even Grandma Wants In on the Action

Bitcoin has captured the imagination and money of investors, transforming the stateless digital currency from a curiosity among techies to a mainstream topic of interest. The result: Bitcoin’s value has doubled since mid-October and jumped more than 10-fold in 2017.

Published 6 months ago

Glitch Leaves American Scrambling for Pilots on 15,000 Holiday Flights

Glitch Leaves American Scrambling for Pilots on 15,000 Holiday Flights

American Airlines was scrambling on Wednesday to entice pilots to cover for a computer glitch that left the carrier short of aviators for 15,000 flights during the upcoming Christmas travel period.

Published 6 months ago

Corporate Tax Rate in Flux as Senate Nears Initial Vote

Corporate Tax Rate in Flux as Senate Nears Initial Vote

Senate Republicans plunged into a debate about whether to cut the corporate tax rate by less than currently planned in a bid to come up with money to pay for other priorities and win votes for a sweeping tax package.

Published 6 months ago

Matt Lauer’s Firing Leaves NBC’s $500 Million Franchise in Crisis

Matt Lauer’s Firing Leaves NBC’s $500 Million Franchise in Crisis

Matt Lauer’s abrupt exit from NBC News after an accusation of inappropriate sexual behavior ends a storied tenure that made him the face of morning television, leaving the network with a huge hole to fill and its most important franchise in crisis.

Published 6 months ago

Don Blankenship, Coal CEO Jailed for Mine Disaster, to Run for West Virginia Senate

Don Blankenship, Coal CEO Jailed for Mine Disaster, to Run for West Virginia Senate

Don Blankenship, a former coal executive who served a year in prison for conspiring to violate mine-safety laws before a 2010 mine disaster, is running for Senate in West Virginia, a Republican official said.

Published 6 months ago

Honduras faces political crisis over election uncertainty

Honduras faces political crisis over election uncertainty

Opposition candidate urges supporters on to the streets as outcome remains uncertain

Published 6 months ago

U.S. Economy Reaches Its Potential Output for First Time in Decade

U.S. Economy Reaches Its Potential Output for First Time in Decade

The U.S. economy is running at its full potential for the first time in a decade, a new milestone for an expansion now in its ninth year. U.S. GDP growth was revised up to a 3.3% rate for the third quarter, reflecting more business investment in equipment and software, and heftier government spending.

Published 6 months ago

Deficit worries trigger new dissent over US tax plan

Deficit worries trigger new dissent over US tax plan

Conservatives object to proposal to reverse cuts if forecasts prove to be wrong

Published 6 months ago

Yellen warns on outlook for surging US public debt

Yellen warns on outlook for surging US public debt

Outgoing Fed chair voices concern as Senate debates tax cuts that could boost deficit

Published 6 months ago

Tech slips and financials rally as investors rotate sectors

Tech slips and financials rally as investors rotate sectors

Firmer economic data trigger selling of growth stocks in favour of cyclicals

Published 6 months ago

Brexit bill battle turns to presentation rather than hard cash

Brexit bill battle turns to presentation rather than hard cash

Potential calculations underscore London and EU’s differing priorities

Published 6 months ago

Plotting the Best Holiday Shopping Attack

Plotting the Best Holiday Shopping Attack

Those hunting for deals this season will need to scour social media, sign up for promotions and figure out timing and location of the best deals

Published 6 months ago

Buried in the Tax Bills, Multiple Unintended Consequences

Buried in the Tax Bills, Multiple Unintended Consequences

In their rush to pass a sweeping tax overhaul, Republicans and the Trump administration may be headed for a reckoning with the law of unintended consequences, Greg Ip writes.

Published 6 months ago