United States

Bitcoin's latest climb brings post-Tax Day rally to more than 8%

Many cryptocurrency analysts attributed much of bitcoin's decline in the last two months to investors cashing out to pay taxes on last year's massive capital gains.


Wells Fargo to pay $1 billion in regulatory settlement over abuses in its auto and mortgage loan units

The settlement, announced Friday with the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency, has been widely anticipated.


Ericsson first-quarter loss shrinks as cost-cuts pay off; shares jump

Ericsson beat quarterly profit expectations on Friday as savings started to kick in, fueling hopes for a recovery at the struggling mobile equipment maker and sending its shares up 15 percent.

United States

AT&T CEO testifies that the company's bid for Time Warner would benefit consumers

AT&T CEO Randall Stephenson said his company's bid to buy Time Warner would better serve customers by lowering pay TV rates, contradicting government arguments that claim it would raise prices.


IRS payment site crashes hours before Tax Day filing deadline

The IRS' computerized payment system crashes on Tax Day, preventing taxpayers from using bank accounts to pay online.


Don't even think about putting these expenses on your credit card

It's easy to pay for nearly anything with credit cards but here are six expenses to never pay for with plastic.

United States

Treasury Secretary Mnuchin: Trump tweet was 'warning shot' to China on currency

Rising economic growth will help pay for a temporary shortfall in tax receipts, U.S. Treasury Secretary Steven Mnuchin said Tuesday.


China central bank cuts reserve requirement for most banks

China's central bank announced on Tuesday it will cut the amount of cash that most commercial and foreign banks must hold as reserves to pay back medium-term lending facilities.

United States

'Pharma bro' fraudster Martin Shkreli ordered to pay $388,000 in restitution to swindled investor

Shkreli has been locked up since offering a bounty for hair stolen from the head of Hillary Clinton.


Hospital CEO forced to pay hackers in bitcoin now teaches others how to prepare for the worst

One cyberattack on a regional hospital embodies a bigger crisis facing health-care facilities in the U.S.


Advisors recommend against Goldman Sachs pay plan because of worries over costs

Institutional Shareholder Services recommended investors vote against a stock plan for employees at Goldman Sachs Group.

United States

Hot 'new-collar jobs' and the skills you need to get them

The labor market is bursting with jobs that don't require bachelor's degrees but do demand special skills—and they pay in the top half of the US wage scale, according to US News & World Report.


Music streaming services should pay artists properly, Grammy-winner says

Spotify has made the case as to why it presents an opportunity for, not a threat to musicians.


Facebook users would have to pay to opt out of targeted ads, Sheryl Sandberg says

Facebook users could have to pay to opt out of their data being used for targeted ads, COO Sheryl Sandberg said.


Fallout from a trade war biggest risk to the market: Wall Street veteran Peter Boockvar

American workers and consumers may pay the biggest price from a trade war, say experts.

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