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Trump Suggests Federal Agencies Should Look Into Google’s China Ties

  • Trump Suggests Federal Agencies Should Look Into Google’s China Ties Trump Suggests Federal Agencies Should Look Into Google’s China Ties 1:08
    The McClure Family Twins: What It's Like to Raise Social Media Stars The McClure Family Twins: What It's Like to Raise Social Media Stars 6:22
    Opinion: Billionaires Should Just Write the Government a Check Opinion: Billionaires Should Just Write the Government a Check 1:26
    Why the tides are turning in the anti-trust debate against tech giants Why the tides are turning in the anti-trust debate against tech giants 3:06
7:49 p.m. July 16, 2019 - By Jon Swartz
Tech’s day of reckoning on Capitol Hill was long and harsh Facebook, Alphabet, Amazon and Apple grilled in three hearingsTech’s day of reckoning Tuesday on Capitol Hill started with skepticism about Facebook Inc.’s proposed digital currency, and ended with a spirited debate over charges of anti-conservative bias on Alphabet Inc.’s Google search. In between, the industry’s big four took some body blows from both political parties.
1:54 p.m. July 16, 2019 - Associated Press
G-7 finance chiefs to tackle cryptocurrency risks, digital tax at Paris summit France’s new 3% tax on tech-company revenue likely to be a point of contentionFinance officials from the Group of Seven rich democracies will weigh risks from new digital currencies and debate how to tax tech companies like Google and Amazon when they meet at a chateau north of Paris starting Wednesday.
1:00 p.m. July 16, 2019 - By MarketWatch
Is the Fed on the verge of sparking a stock-market ‘melt-up’?The Federal Reserve is almost certain to cut rates at the end of July — but don’t expect a melt-up, usually marked by a powerful rally followed by a substantial selloff, says Mark Haefele, global chief investment officer at UBS Global Wealth Management.
12:54 p.m. July 16, 2019 - By Andrew Keshner
What the IRS doesn’t tell you about self-employment taxes and how Barbara Corcoran of ‘Shark Tank’ turned a $50,000 investment into $30 million Tuesday's Personal Finance Stories Tuesday's Personal Finance StoriesTuesday's Personal Finance Stories
12:51 p.m. July 16, 2019 - By Jon Swartz
House Judiciary Committee presses Big Tech on anti-competitive behavior Alphabet, Amazon, Facebook, Apple grilled on business practicesTech’s grilling on Capitol Hill intensified Tuesday afternoon when a House Judiciary Committee took aim at four of its biggest players, whom chairman Rep. David Cicilline, D-R.I., called “powerful online gate keepers.”
12:29 p.m. July 16, 2019 - By Robert Schroeder
Trump turns up trade pressure on China as he threatens Google probe President insists he’s not racist as House prepares vote condemning tweets President Donald Trump on Tuesday turned up fresh pressure on China over trade with the U.S., as he vowed to “take a look” into allegations that Google’s work with Beijing is treasonous.
12:28 p.m. July 16, 2019 - By Chris Matthews
Stocks close down after Trump says ‘a long way to go’ on trade and investors digest bank earnings Trump described progress toward a China and U.S. trade pact as “a long way to go”U.S. stocks retreat Tuesday as investors digest trade war talk and a trio of bank earnings, a day after major equity indexes eked out a round of fresh all-time closing highs Monday
10:34 a.m. July 16, 2019 - By Emily Bary
Snap earnings: Investors need to see clear signs of a turnaround Analyst sees room for ‘massive upside surprise’ on user growthSnap shares have soared this year on expectations that the company is finally turning its business around, and the Snapchat maker will be looking to prove that narrative with its next earnings report.
10:26 a.m. July 16, 2019 - By James Wellemeyer
Instagram, Facebook and Twitter struggle to contain the epidemic in online bullying Instagram has launched a new feature to help combat inappropriate contentInstagram has launched a new feature to help combat inappropriate content.
10:16 a.m. July 16, 2019 - Barrons.com
Facebook’s New Libra Currency Runs Into Distrust in the Senate The House Financial Services Committee is scheduled to hold a hearing on the planned currency on Wednesday.
10:03 a.m. July 16, 2019 - By Nicole Lyn Pesce
Disney heiress ‘livid’ after going to one of her family’s theme parks undercover Abigail Disney said distressed workers told her about ‘foraging for food in other people’s garbage’Abigail Disney said distressed workers told her about “foraging for food in other people’s garbage.”
9:58 a.m. July 16, 2019 - By Meera Jagannathan
Jeffrey Epstein was a PR master at managing his reputation — here’s why his online manipulations wouldn’t work today A reputation-repair program for a prominent person convicted of criminal wrongdoing can easily cost more than $100,000A reputation-repair program for a prominent person convicted of criminal wrongdoing can easily cost more than $100,000.
8:44 a.m. July 16, 2019 - By Michael Ashbaugh
Charting a break to ‘clear skies’ territory, S&P 500 sustains rally atop 3,000 mark Focus: Industrial sector presses major resistance, Gold miners digest massive multi-year breakout, XLI, GDX, CYBR, ADI, XLNX, LPSNTechnically speaking, the S&P 500 has reached record territory, confirming its uptrend with a strong third-quarter start, writes Michael Ashbaugh.
8:31 a.m. July 16, 2019 - Barrons.com
Small-Cap Stock Picks for an Expensive Market, According to Delphi’s Scott Black Scott Black, a Barron’s Roundtable panelist and president of Delphi Management, recommends two stocks: electronics-components maker Kemet and TriplePoint Venture Growth, a business development company.
8:22 a.m. July 16, 2019 - By Mark DeCambre
Trump says ally and tech investor Thiel ‘believes Google should be investigated for treason’ and he will ’take a look’ A Google spokeswoman says ‘we do not work with the Chinese military’President Donald Trump says his administration will “take a look” at allegations made by Silicon Valley venture capitalist Peter Thiel that Google-parent Alphabet Inc. has been infiltrated by the Chinese government.
8:20 a.m. July 16, 2019 - By Jeanette Settembre
Bernie Sanders is riding in a caravan to Canada with diabetics to get more affordable insulin Some Americans with diabetes rely on donated insulin from people they meet on Facebook because they can’t afford to spend hundreds of dollars per vialSome Americans with diabetes rely on donated insulin from people they meet on Facebook because they can’t afford to spend hundreds of dollars per vial.
8:11 a.m. July 16, 2019 - By Jon Swartz
Facebook’s Libra cryptocurrency project gets blistering reception from Senate Facebook ‘doesn’t deserve our trust,’ Sen. Sherrod Brown saysFacebook Inc.’s controversial Libra cryptocurrency project encountered a blistering reception from the Senate Banking Committee Tuesday morning despite assurances from the social-media giant that it will comply with banking regulations and offer secure transactions.
7:52 a.m. July 16, 2019 - By Michael Ashbaugh
Charting a break to ‘clear skies’ territory, S&P 500 sustains rally atop 3,000 mark Focus: Industrial sector presses major resistance, Gold miners digest massive multi-year breakout, XLI, GDX, CYBR, ADI, XLNX, LPSNTechnically speaking, each big three U.S. benchmark has reached record territory, confirming its uptrend with a strong third-quarter start. Against this backdrop, the S&P 500 is digesting its July breakout, a move opening the path to a longer-term target (3,150) precisely 5.0% above the 3,000 mark.
6:24 a.m. July 16, 2019 - By Jacob Passy
Why Facebook’s Libra coin could become a big pain in your wallet U.S. lawmakers will question Facebook executives about their plans for the cryptocurrency in two hearings this weekU.S. lawmakers will question Facebook executives about their plans for the cryptocurrency in two hearings this week.
6:06 a.m. July 16, 2019 - Barrons.com
Trump Wants to Look Into Google’s Relationship With China. The Company Pushes Back. Investor and Facebook director Peter Thiel has claimed that the search giant has worked with the Chinese military -- claims that the company denies.
5:08 a.m. July 16, 2019 - By Peter Morici
Facebook’s Libra threatens the dollar’s international status New cryptocurrency could solve the inherent problems with bitcoinProperly managed, Libra could replace the dollar as the currency of choice for legitimate international transactions, writes Peter Morici.
5:08 a.m. July 16, 2019 - By Brett Arends
Donald Trump is right about bitcoin Cryptocurrencies are a pure gamble with no discernible fundamentals whatsoeverPresident Trump is right to say that cryptocurrencies have no fundamental value, writes Brett Arends.
5:07 a.m. July 16, 2019 - By Michael Brush
Why the big tech stocks are now contrarian buys It’s time to buy the large-cap FAANGs that have been beaten down by politiciansIt feels weird to say this, but Facebook, Amazon, and Apple have become — dare we say it? — contrarian plays.
4:38 a.m. July 16, 2019 - By Steve Goldstein
Bond market on verge of tripping a signal that could lead to sharp sell-off MarketWatch’s call of the day comes from the Leuthold Group, a Minneapolis investment research firm, which tracks the correlation between weekly percentage changes in the S&P 500  and the 10-year Treasury yield.
2:22 a.m. July 16, 2019 - By Quentin Fottrell
I’m 65, my mortgage is paid off and I have $370,000 in savings, so why I am still worried about money? ‘Most people would laugh to be in my position, I know, but I constantly worry about running out of money’‘Most people would laugh to be in my position, I know, but I constantly worry about running out of money.’
2:10 a.m. July 16, 2019 - By Quentin Fottrell
Republican baby boomers are more likely to share #fakenews on Facebook Social media doesn’t help people differentiate what is real from what is fakeSocial media doesn’t help people differentiate what is real from what is fake.
2:00 a.m. July 16, 2019 - Barrons.com
Netflix Reports Earnings Tomorrow. Here’s What to Expect. Management will likely face questions about competition from other media companies’ upcoming streaming services.
1:30 p.m. July 15, 2019 - Barrons.com
The Dow Ended Flat Because It’s Earnings Season and Everyone’s Treading Lightly The three main U.S. stock indexes all made marginal gains on Monday. Two had set new records last week, with the S&P 500 topping 3,000, and the Dow Jones Industrial Average breaching 27,000.
12:41 p.m. July 15, 2019 - By Andrew Keshner
A major new study suggests it’s possible to avoid developing dementia and what NOT to buy on Amazon Prime Day Monday’s top personal finance stories Monday’s top personal finance stories Monday’s top personal finance stories
12:19 p.m. July 15, 2019 - By Jon Swartz
Big Tech can expect another grilling on Capitol Hill Execs from Amazon, Apple, Google and Facebook are facing some tough questions at Tuesday’s hearingExecutives from Alphabet Inc., Amazon.com Inc., Apple Inc., and Facebook Inc. should brace for tough questions around antitrust as federal probes gain steam.
12:16 p.m. July 15, 2019 - By Hannah Sparks
Area 51 assault not a real threat, explains organizer, who says the goal of the event plan was ‘thumbsy uppies’A planned event called “Storm Area 51, They Can’t Stop All of Us” appeared on Facebook earlier this month, urging alien enthusiasts everywhere to gather for a history-making mission.
11:25 a.m. July 15, 2019 - Barrons.com
Mnuchin Lays Out ‘National Security’ Worries Over Facebook’s Libra Currency U.S. Treasury Secretary Steven Mnuchin threw cold water on the regulatory path forward for Facebook’s digital currency Libra, saying “this is indeed a national security issue.”
10:48 a.m. July 15, 2019 - By Mark DeCambre
Bitcoin prices off 8% as Mnuchin says Treasury will ratchet up cryptocurrency regulationTreasury Secretary Steven Mnuchin on Monday afternoon said digital-payment ventures need to be held to the same anti-money laundering, or AML, standards as traditional banks. The official said the Trump administration and the Treasury has "very serious concerns" with the growth of cryptocurrencies, including Facebook Inc.'s ambitious digital-payment network currency known as Libra coin, which has drawn white-hot attention to virtual assets of late. Mnuchin said Treasury was concerned with the speculative nature of assets like bitcoin and its use in illicit activity, including financing terrorism. Mnuchin's briefing on Friday comes after President Donald Trump on Friday, via Twitter, expressed consternation about bitcoin as well as Facebook Inc.'s digital payment venture called Libra coin. Mnuchin's Monday briefing on cryptocurrency regulation also comes a day before Facebook executive Dave Marcus is slated to appear before a Senate committee to discuss Libra. On Friday, Trump tweeted: "I am not a fan of bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air," he said. Mnuchin reiterated Trump's comments and said that Facebook has "a lot of work to convince us" that it is complying with U.S. bank regulation. On Monday afternoon, bitcoin prices trading on CME Group were off 8.1% at $10,780.
Mnuchin says Treasury has 'very serious concerns' Facebook's libra coin will be misused by money launders
10:06 a.m. July 15, 2019
9:59 a.m. July 15, 2019 - By Mark Decambre
Treasury Secretary Mnuchin to hold briefing to discuss cryptocurrency regulation at 2 p.m. ETTreasury Secretary Steven Mnuchin was slated to discuss digital currency regulation at 2 p.m. Eastern on Monday, the White House said. The briefing, to be held in the James Brady briefing room, comes after President Donald Trump on Friday, via Twitter, expressed consternation about bitcoin as well as Facebook Inc.'s digital payment venture called Libra coin. "I am not a fan of bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air," Trump tweeted. Mnuchin's briefing also comes a day before Facebook executive Dave Marcus is expected to appear before a Senate committee to discuss Libra coin.
7:52 a.m. July 15, 2019 - By Jon Swartz
Senate releases testimony of Facebook exec before Libra hearing TuesdayFacebook Inc. executive Dave Marcus has some reassuring words for members of Congress on the company's maligned Libra digital currency. A day before he faces the Senate banking committee, Marcus' was released on Monday. In it, he says subsidiary Calibra won't "make money at the outset" nor will it compete with national currencies. The cryptocurrency, he adds, will be regulated by Swiss financial authorities. Marcus is scheduled to speak before the Senate Banking Committee on Tuesday, and House Financial Services Committee on Wednesday. The controversial digital currency has been criticized by everyone from President Donald Trump to billionaire Mark Cuban over issues such as regulation, trust in Facebook's ability to handle personal financial information, and the ability of developing countries to properly administer the currency.
7:35 a.m. July 15, 2019 - By Michael Ashbaugh
Bull trend confirmed: U.S. benchmarks digest break to uncharted territory Focus: Transports confirm trendline breakout, Tesla extends recovery attempt, IYT, TSLA, TXN, PKG, JBHTU.S. stocks are mixed early Monday, treading water as the second-quarter earnings season kicks off this week. Against this backdrop, each major U.S. benchmark is digesting a July break to all-time highs, by definition uncharted territory, capped by no true resistance.
6:11 a.m. July 15, 2019 - Barrons.com
Don’t Let Regulators Scare You Away From Facebook, Analyst Says The stock is still a buy, despite increase government scrutiny, Bank of America Merrill Lynch says.
1:46 a.m. July 15, 2019 - By Jurica Dujmovic
Here’s why you will be hearing more about virtual reality Headsets are getting better, and many large companies are investing in the technologyHeadsets are getting better, and many large companies are investing in the technology.
1:01 a.m. July 15, 2019 - Barrons.com
Podcast: Amazon’s Prime Day Could Generate $5 Billion 3 numbers to help you navigate the market—in just two minutes.
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