Trump Signs Sweeping Tax Overhaul Into Law
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President Donald Trump signed a sweeping tax overhaul bill into law in the Oval Office Friday morning, as well as a spending bill to keep the government open through mid-January.
Bitcoin Plunges 25% in 24 Hours in a Cryptocurrency Market Rout
The price of bitcoin tumbled sharply, wiping one-fourth of its market value in the past 24 hours alone, as a wave of selling hit the broader cryptocurrency market just before the Christmas holiday weekend.
U.S. Stocks Mostly Flat in Quiet Trading
U.S. stocks bounced around the flatline Friday, as trading quieted heading into the holiday weekend.
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Suspect Trading Leads Germany to Change How It Releases Data
Germany's statistics agency said it will stop sending sensitive economic data to journalists before it is publicly released, amid evidence from a Wall Street Journal analysis that found suspicious trading patterns in currency-futures markets.
New Homes Sell at Best Pace in More Than a Decade
Purchases of newly built single-family homes rose in November to the highest level in more than a decade.
U.S. Consumer Sentiment Fell Again in December
U.S. households became less confident about the economic outlook in December as Congress passed a significant overhaul of the tax code.
U.S. Consumer Spending Rises in November, Savings Rate at 10-Year Low
Americans spent more and saved less in November, a sign that low unemployment, robust consumer confidence, the prospect of tax cuts and buoyant financial markets are underpinning a strong holiday shopping season.
White House Will Have to Nominate Powell, Goodfriend to Fed Again in 2018
Two of President Donald Trump's nominees to the Federal Reserve will have to be renominated in the new year after the Senate ended its 2017 session this week without voting to confirm them.
Analysis: How Consensus for Corporate Rate Cut Turned Into Partisan Tax Brawl
Both candidates in the 2012 presidential election ran on a corporate tax cut. Five years later, a unified Republican government made that a reality, and a bipartisan idea has turned into a deeply partisan brawl.
Consumers Can't Be Economy's Saving Grace in 2018
The lowest saving rate since just before the last recession means that consumers are unlikely to quicken economic growth in 2018.
(END) Dow Jones Newswires
December 22, 2017 13:15 ET (18:15 GMT)