The Mixed Reality of America’s Wallets

February 1, 2018

While President Donald Trump at his State of the Union lauded economic gains and improved wages for all Americans, reality has been much more mixed. “After years and years of wage stagnation, we are finally seeing rising wages,” Trump said before a joint session of Congress Tuesday night. According to the Labor Department, the average U.S.… Read more

Amazon, Berkshire, JP Morgan join forces to tackle health care

January 31, 2018

Three titans of American business announced Tuesday they are joining forces to tackle one of the most enduring problems in the country: quality affordable health care. Billionaire Warren Buffett’s Berkshire Hathaway and Jeff Bezos’ retail behemoth Amazon will link with financial giant JP Morgan to create a nonprofit health care plan to “provide US employees and… Read more

Facebook bans ads for cryptocurrencies

January 31, 2018

Facebook says it is banning all ads related to cryptocurrencies in an effort to fight scams. The social media giant said it is barring ads for “financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.” Initial coin offerings or ICOs are a… Read more

Bitcoin futures launch sparks excitement, warnings

December 12, 2017

Bitcoin makes its debut on a major exchange Sunday, a milestone for the digital currency that has some investors excited but others nervous. The Cboe Futures Exchange in Chicago will open trading in bitcoin futures at 2300 GMT on Sunday, a move that is expected to be followed a week later by a rival listing on… Read more