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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Money

U.S. companies list blockchain ETFs as bitcoin proposals languish

Tue, Jan 16, 2018

NEW YORK (Reuters) - Investors looking to profit from excitement surrounding bitcoin technology will get a new opportunity this week. ...

NYSE to launch new NYSE National exchange in second quarter

Tue, Jan 16, 2018

NEW YORK (Reuters) - New York Stock Exchange parent Intercontinental Exchange Inc (ICE) plans to launch its fourth U.S. stock market, NYSE National, in the second quarter, according to a recent... ...

Pimco doubts U.S. will enact infrastructure spending, welfare reform in 2018

Tue, Jan 16, 2018

NEW YORK (Reuters) - Investment firm Pimco thinks it is unlikely that Washington will enact welfare reform or a major spending plan to improve bridges, roads and other infrastructure in 2018, Libby... ...

Greenlight's Einhorn bets on Brighthouse, makes money on GM

Tue, Jan 16, 2018

BOSTON (Reuters) - Hedge fund manager David Einhorn told investors on Tuesday that he made a "large" bet on insurer Brighthouse Financial late last year, and had made money on General Motors but lost... ...

Stock 'fear index' snaps out of extended snooze, jumps to six-week high

Tue, Jan 16, 2018

NEW YORK (Reuters) - A widely followed gauge of expected near-term stock price gyrations perked up on Tuesday to a six-week high as traders took to the equity options market to pick up some... ...

Round Hill, investor in Beatles and Bruno Mars songs, raises new fund

Tue, Jan 16, 2018

(Reuters) - Round Hill Music Royalty Partners, a private equity firm which invests in the copyright of songs from artists such as The Beatles, The Rolling Stones and Bruno Mars, said on Tuesday it... ...

Activist fund Elliott urges changes to Bezeq Telecom board

Tue, Jan 16, 2018

TEL AVIV (Reuters) - Activist investor Elliott called for sweeping changes to the board of Bezeq Israel Telecom as it disclosed it has a 4.8 percent stake in the company, which has been under... ...

Be a money superhero and cosplay on a budget

Tue, Jan 16, 2018

NEW YORK (Reuters) - If you ever happen to run into Burbank’s Mark Chu-Lin, he might not respond if you call out to him by name. ...

Fields of Gold? Jana seeks new money, allies with impact hedge fund

Fri, Jan 12, 2018

BOSTON (Reuters) - Wall Street investor Barry Rosenstein's new impact investing fund aimed at serving environmental and social causes could, if he plays his cards right, enhance his traditional... ...

U.S. consumer watchdog official takes leadership fight to appeals court

Fri, Jan 12, 2018

WASHINGTON (Reuters) - An official who hopes to lead the Consumer Financial Protection Bureau on Friday took her fight to a U.S. appeals court, urging it to oust President Donald Trump's pick for the... ...

The Tax Adviser

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Taxpayer Advocate Service

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Fox Business

Conservatives balk at GOP plan to avert government shutdown

Wed, Jan 17, 2018

A deal between President Donald Trump and Congress to protect young immigrants from deportation remains distant....

House Republicans mull funding extension; 'Dreamer' deal not set

Wed, Jan 17, 2018

House Republicans considered on Tuesday a stopgap bill to fund the U.S. government through Feb. 16 to avert a shutdown....

Intel Corp. Is Now Sampling XMM 7560 LTE Modem

Wed, Jan 17, 2018

The tech titan seems to be on track with its next-generation cellular modem....

The Latest: GOP lacking votes to keep government open

Wed, Jan 17, 2018

The Latest on Congress' battle over the budget (all times local): 6:25 p.m. House GOP leaders are looking to delay implementation of unpopular taxes on medical devices and generous employer-subsidized health care taxes as sweeteners for a stopgap spending bill that's needed to avert a government shutdown this weekend....

Asian shares track weakness on Wall St; China shares higher

Wed, Jan 17, 2018

U.S. stocks climbed broadly in early trading Tuesday, sending the Dow Jones industrial average past the 26,000-point mark for the first time....

3 Disruptive Stocks That Justify Their High Valuations

Wed, Jan 17, 2018

For long-term holders, it pays to pay up for disruptive potential....

Airbus Sets a Monthly Order Record for December

Wed, Jan 17, 2018

The aerospace titan finalized more than twice as many airplane orders last month as it did in the rest of 2017....

1 Dividend Stock to Buy and Hold for Life

Wed, Jan 17, 2018

Starbucks may no longer be the growth engine it once was, but it’s still a solid choice for investors in search of a stable business with attractive dividend prospects....

In Your 40s? Here's a Growth Stock You Should Consider Buying

Wed, Jan 17, 2018

You likely have a multidecade investment horizon. Here's how to maximize it....

Mark Cuban: Dallas Mavericks to accept bitcoin 'next season'

Wed, Jan 17, 2018

Fans of the NBA’s Dallas Mavericks will soon be able to use cryptocurrencies like bitcoin and ethereum to buy tickets, according to team owner and billionaire investor Mark Cuban....