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Bloomberg “Shutdown Continues as Democrats Demand Firmer Immigration Pledge.” Senate Democrats cast doubt Monday on hopes for a quick resolution to the government shutdown as they demanded a more binding promise from Majority Leader Mitch McConnell ...
Bloomberg “Jon Corzine's New Hedge Fund Eyes Event Wagers Triggered by Trump.” Jon Corzine, who held the reins of MF Global Holdings when it collapsed, is making his comeback with a new hedge fund that’s betting the Trump administration will stir ...
Bloomberg “Beware the $500 Billion Bond Exodus.” For years, the likes of Apple Inc. and Microsoft Corp. have stashed billions of dollars offshore to slash their U.S. tax bills. Now, the tax-code rewrite could throw that into reverse. The implicatio...
Bloomberg “China Escalates Crackdown on Cryptocurrency Trading.” China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter....
Bloomberg “Mark Zuckerberg Just Blew Up Facebook From the Inside.” For much of the past few months, Mark Zuckerberg has been thinking aloud about Facebook Inc.'s mission. He kept saying he wanted Facebook to become a place for meaningful social inte...
Bloomberg “Equity Euphoria Grips the Entire World.” The most hated rally this is not. Equity euphoria has gripped most of the world to kick off 2018, with the 14-day relative strength index for major stock markets surging to overbought levels. The...
Bloomberg “Global Debt Hits Record $233 Trillion.” Global debt rose to a record $233 trillion in the third quarter of 2017, more than $16 trillion higher from end-2016, according to an analysis by the Institute of International Finance. Private non-...
Bloomberg “Trump, Congress Spoil for Fight With Shutdown Again at Stake.” President Donald Trump and many Democrats and Republicans in Congress all enter the new year spoiling for a fight. Unresolved issues set aside in 2017 to make way for a tax ov...
Bloomberg “Bitcoin Tumbles More than 25% as Sharks ‘Beginning to Circle’.” 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 cryptocurr...
Bloomberg “Santa Rally Eludes Europe Stocks Lagging U.S. by Most Since 1991.” Anyone pinning their hopes on a so-called Santa rally to revive Europe’s lagging equity market is running out of time. The Stoxx Europe 600 Index has barely budged from...