Recent Posts

Democrats assail Wall Street with plan that may hit mom and pop

Bloomberg Democrats are courting progressive-minded Americans by calling for a tax on Wall Street trades. If the party succeeds, the mom-and-pop investors they’re wooing could bear the brunt. The party supports a financial transaction tax to reign in “excessive speculation” and fast traders that have “threatened financial markets.” Small investors would probably see an increase in the cost to buy ...

Read More »

Promise of 5G wireless seen in long-distance dig before FCC vote

  Bloomberg Federal Communications Commission Chairman Tom Wheeler took a seat, grasped a set of controls, and guided an excavator — that happened to be 1,400 miles away. By moving dirt in Dallas through a remote hook-up from the FCC’s Washington offices earlier this year, Wheeler showed the promise of what could be the largest and most lucrative expansion of ...

Read More »

Oil rebounds from 2-month low as investors weigh US supplies

  Bloomberg Oil rebounded after closing at the lowest level in two months as equity markets increased and U.S. data showed crude stockpiles slid. Futures gained as much as 1.7 percent in New York, paring Wednesday’s 4.4 percent slump, as European stocks advanced. U.S. supplies fell an eighth week, the longest losing streak since June 2015, while gasoline inventories unexpectedly ...

Read More »
Send this to a friend