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Bitcoin's value dipped slightly on Wednesday afternoon, according to tracking service Coindesk, paring 12 months of gains that had taken its value to $14,855 as both the Chicago Mercantile Exchange and the CBOE Futures Exchange offered futures contracts in it. (AP Photo/Eric Gay)
Business

The ‘Oracle of Omaha’ delivers an ominous warning about bitcoin

James Langford -
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The pace of dealmaking among pharmaceutical businesses is expected to pick up in the next six to 12 months, in part because of the Tax Cuts and Jobs Act passed in December.
Business

Big Pharma goes shopping as tax bill returns almost $200 billion cash to US

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JPMorgan Chase Chairman and CEO Jamie Dimon remained skeptical about Bitcoin in a Tuesday interview, saying
Business

JPMorgan chief backtracks on bitcoin ‘fraud’ claim but remains dubious

James Langford -
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Average loss rates on credit card accounts at three of the largest U.S. banks, JPMorgan Chase, Bank of America, and Citigroup, may have reached 2.46 percent in the three months through December. (iStock)
Business

US banks buoy reserves as credit card debt hits $1.02 trillion record

James Langford -
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Lululemon will post a
Business

Lululemon predicts short-term pain, long-term gains from tax bill

James Langford -
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President Trump signed the GOP's $1.5 trillion tax cut bill on Dec. 22. The new law lets firms bring overseas earnings back to the U.S. without a penalty once they pay a one-time levy and reduces the top tax rate to 21 percent. (Mike Theiler/Pool via Bloomberg)
Business

Cash windfall from Trump’s tax law may fuel corporate dealmaking boom

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Macy's announced Thursday that it would close 11 more stores as part of a plan announced two years ago to eliminate 100 of its branches to ensure it held the most competitive mix of digital and physical stores. The retailer has yet to identify 19 of them. (AP Photo/Damian Dovarganes, file)
Business

Tax bill tantalizes store clerks after holiday hiring boom fades

James Langford -
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The Dow Jones industrial average past 25,000 on Thursday. The biggest gainer was corporate technology provider IBM, which rose 2.2 percent to $161.93. (AP Photo/Mark Lennihan)
Business

Dow Jones index tops record 25,000 with a push from lenders, tech firms

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The Federal Reserve's monetary policy committee approved a 25 basis-point interest rate hike in December. In the midst of this, the KBW Bank Index rose 0.5 percent in New York trading on Wednesday, the largest gain since passage of Republican tax reform. (AP Photo/Pablo Martinez Monsivais, File)
Business

US bank stocks rise as Fed reinforces rate-hike projections

James Langford -
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