Archive for December 14th, 2017

Another Wall Street firm says the bull market’s going to continue to run next year. But it won’t be because of tech shares.

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The outlook for fourth-quarter GDP improved markedly after November's strong retail sales, and some economists say growth could reach 3 or even 4 percent.

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<p>They can afford to buy homes. They just don't want to.</p>

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As the nations economy was still reeling from the body blow of the Great Recession, Seattles was about to take off.
In 2010, Amazon opened a headquarters in the little-known South Lake Union district and then expanded eight-fold over the next seven years to fill 36 buildings. Everywhere you look, there are signs of a thriving city: Building cranes looming over streets, hotels crammed with business travelers, tony restaurants filled with diners.
Seattle is among a fistful of cities that have flourished in the 10 years since the Great Recession officially began in December 2007, even…

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<p>The U.S. Federal Communications Commission voted along party lines Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.</p>

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<p>Walt Disney has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox for $52.4 billion.</p>

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Walt Disney Co.’s deal with 21st Century Fox will transform Hollywood’s most successful studio into an even more powerful force, potentially pressuring rivals to consolidate, squeezing theater chains and furthering the industry trend of blockbusters and sequels.

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Republicans plan to turn their tax overhaul into law next week, giving many businesses a cut while removing some benefits for others and adding to the nation’s budget deficit.

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Building the $27 billion Yamal liquefied natural gas project meant shipping more than 5 million tons of materials to construct a forest of concrete and steel 600 kilometers north of the Arctic circle, where temperatures can drop to -50 degrees celsius and the sun disappears for two months straight.

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It could pass as early as next week.

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Republicans plan to turn their tax overhaul into law next week, giving many businesses a cut while removing some benefits for others and adding to the nation’s budget deficit.

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A historic lack of volatility, dominance of the FAANGs, a rally in Mexico stocks, and, of course, the mother of all eye-poppers — Bitcoin’s surge. Here’s a look at how some of the notable calls from our daily “Need to Know” column have fared.

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