Tech Sector Leads U.S. Stocks Lower Ahead of Tax-Bill Vote
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Shares of technology companies struggled, causing major indexes to edge lower ahead of House Republicans' vote on a sweeping rewrite of the U.S. tax code.
China, Seeking Growth, Softens Focus on Cutting Debt
As China prepares to unveil its economic blueprint for 2018, people familiar with the plan say it will show that Beijing is finding it hard to cut debt without jeopardizing growth, and is changing its goal to just "control" a rise in borrowing.
U.S. Businesses Find Welcome Surprises in Tax Bill
The final tax bill offers much of what large companies hoped to gain from the Republican overhaul, while late modifications dropped some provisions that most worried companies.
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U.S. Housing Starts Grew In November
U.S. housing starts rose last month to the highest level in more than a year, driven by gains in single-family home building in the South and West.
Oil Gains as Pipeline Outage Continues
Oil prices rose Tuesday morning, helped in part by the continuing outage of a North Sea pipeline and reports that Russia's largest oil company could envision continuing production curbs past 2018.
Which Digital Currency Will Be the Next Bitcoin?
Investors in cryptocurrencies are hoping lightning strikes twice, as the outsize recent gains in bitcoin are encouraging migration to several digital relatives. Litecoin is especially benefiting from bitcoin's surging popularity.
Cryptocurrency Exchange Collapses, Files for Bankruptcy After Hack
A cryptocurrency exchange in South Korea collapsed after it suffered a second cyberattack in eight months and lost a large amount of its digital-currency reserves.
Fintech Startups Seek to Shake Up Money Transfer Industry
Fintech startups including WorldRemit, TransferWise and Remitly are pulling ahead of the pack of dozens of companies trying to disrupt the remittance industry, using the latest technology to send money internationally.
ECB's Weidmann Pushes for Faster End to QE
The European Central Bank should have moved more aggressively to signal an end to its trillion-euro bond-buying program, the president of Germany's Bundesbank said, laying bare clear differences within the policy setting Governing Council on the future of monetary policy.
Stocks Soar, Mergers Slump, Activist Investors Wield Power
The year saw stock indexes break record after record, as activist investors prodded CEOs and corporate mergers slowed
(END) Dow Jones Newswires
December 19, 2017 13:15 ET (18:15 GMT)