GOP Tax-Overhaul Bill Heads to Senate
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The House put the U.S. on the brink of a $1.5 trillion tax cut and the largest structural overhaul of the tax system since 1986.
Tech Sector Leads U.S. Stocks Lower
Declining shares of technology companies caused major indexes to edge lower Tuesday, even as Republicans advanced their sweeping rewrite of the U.S. tax code.
Big U.S. Banks Get Satisfactory Grades on 'Living Wills'
The eight largest and most complex U.S. banks received satisfactory grades on their latest "living will" bailout-prevention plans, a milestone that further reduces the already-remote possibility that any of the firms would be broken up by the government.
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Court Allows Suit Against Stock Exchanges to Proceed
A federal appeals court said a lawsuit accusing stock exchanges of defrauding investors by favoring high-speed traders can go forward, in a blow to the New York Stock Exchange and Nasdaq.
Canada Releases Data on Foreign Influence on Housing
Data from the federal government and Canada Mortgage and Housing Corp. reveal that foreign ownership of houses in Vancouver and Toronto is relatively modest.
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. 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, 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.
(END) Dow Jones Newswires
December 19, 2017 17:15 ET (22:15 GMT)