Category: Finance

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Digital Money Resume Selloff as Recovery Fizzles

By Updated on The biggest cryptocurrencies resumed their decline on Sunday, failing to reverse a selloff that began when bitcoin’s unprecedented rally fell short of breaking above $20,000. A rebound on Saturday fizzled in the afternoon and traders turned pessimistic again, driving bitcoin down 13 percent in the past 24 hours. The drop among the…

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North Korea calls UN sanctions an act of war

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North Korea says unique UN sanctions an act of battle

The latest U.N. sanctions against North Korea are an act of war and tantamount to a complete economic blockade against it, North Korea’s foreign ministry said on Sunday, threatening to punish those who supported the measure. The U.N. Security Council unanimously imposed new sanctions on North Korea on Friday for its recent intercontinental ballistic missile…

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Bitcoin rallies above $14,000 following its ultimate tumble in 2017

LONDON — Bitcoin’s value rallied above $15,000 on Saturday following a day which saw the its value collapse more than 30%. Frantic trading of the cryptocurrency on Friday brought exchanges to a halt as investors reacted to warnings from regulators and pulled their funds out, pushing Bitcoin’s value down as much as 32% from its…

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Trump’s Eleven-Nation Refugee Ban Partly Blocked by Court

President Donald Trump’s 11-nation refugee ban was partially blocked by a judge who found that it violated federal rule-making requirements. U.S. District Judge James Robart in Seattle, who issued one of the earliest orders halting the president’s January travel ban, said in a ruling Saturday that the Trump administration can continue to deny entry to…

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Here’s how rising interest charges and tax adjustments will beget an affect on you

In the longer term, the tax changes will have a big effect on your finances. Most notably, the new legislation almost doubles the standard deduction. That and the disappearance of several key itemized deductions mean that fewer taxpayers likely will itemize. (About 49 million taxpayers, or 28 percent, currently itemize their expenses, according to the…

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Trump has the same opinion to ship weapons to Ukrainian defense power

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