Business

Business

Ivanka Trump, her brand dropped by some retailers, opens her own store in Trump Tower

(c) 2017, The Washington Post. Ivanka Trump’s fashion company on Thursday opened a new store in the lobby of Trump Tower, where it plans to sell handbags, jewelry and candles as part of broader push to bypass retailers and sell directly to consumers. The store in Midtown Manhattan - currently the...


Business

FCC's Ajit Pai dressed up as Santa and wielded a lightsaber to mock net neutrality rules

(c) 2017, The Washington Post. WASHINGTON - On the eve of a historic vote at the Federal Communications Commission, Chairman Ajit Pai starred in an eccentric video that featured him dressed as Santa, wielding a lightsaber and clutching a fidget spinner to defend his contentious move to repeal net...


National

FCC votes along party lines to end 'net neutrality'

Net Neutrality-2

The Federal Communications Commission repealed the Obama-era “net neutrality” rules Thursday, giving internet service providers like Verizon, Comcast and AT&T a free hand to slow or block websites and apps as they see fit or charge more for faster speeds. In a straight party-line vote of 3-2, the...


Business

FCC just voted to repeal its net neutrality rules, in a sweeping act of deregulation

(c) 2017, The Washington Post. WASHINGTON - Federal regulators voted Thursday to allow Internet providers to speed up service for websites they favor - and block or slow down others - in a decision repealing landmark, Obama-era regulations overseeing broadband companies such as AT&T and Verizon....


Business

Rubio to vote against GOP tax bill unless tax credit for working poor is expanded

(c) 2017, The Washington Post. WASHINGTON - Sen. Marco Rubio informed Senate leaders Thursday he intends to vote against Republicans’ $1.5 trillion tax plan unless it includes a larger expansion of a child tax credit. “I understand that this is a process of give and take, especially when there’s...


Business

Financial Markets Glance

Dow Jones Industrials High: 24,672.48 Low: 24,508.66 Close: 24,508.66 Change: —76.77 Other Indexes Standard&Poors 500 Index: 2652.01 —10.84 NYSE Index: 12,629.08 —70.40 Nasdaq Composite Index: 6856.53 —19.27 NYSE Amer Composite: 2559.79 —0.91 Russell 2000 Index: 1506.95 —17.49 Wilshire 5000...


Business

Goldman said to seek 100% margin on some Bitcoin futures trades

(c) 2017, Bloomberg. Goldman Sachs demanded some clients set aside funds equal to the full value of their bitcoin futures trade as a condition for clearing the transaction, according to people familiar with the investments. The demands deterred some clients from seeking to clear trades through the...


Business

Stocks, dollar fall as tax debate heats up

(c) 2017, Bloomberg. U.S. equities slumped, with small caps leading losses, and the dollar erased a gain as concern mounted that the Republican tax overhaul package may struggle to pass the Senate. All major U.S. equity gauges were lower. The S&P 500 Index dropped in afternoon trading after...


Business

How to begin investing in real estate - as a landlord

Special to The Washington Post. When Arlington, Virginia resident Jesse Shapiro wanted to diversify his investment portfolio with real estate, he recognized quickly that he didn’t want to buy a place in the Washington area. “Housing costs in this region are prohibitive, and I didn’t want to risk...


Business

FCC just voted to repeal its net neutrality rules, in a sweeping act of deregulation

(c) 2017, The Washington Post. WASHINGTON - Federal regulators voted Thursday to allow Internet providers to speed up service for some apps and websites - and block or slow down others - in a decision repealing landmark, Obama-era regulations for broadband companies such as AT&T and Verizon. The...


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