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SEC says it's worried about 'significant' issues with cryptocurrency ETF plans

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The SEC indicated it would not be open to approving cryptocurrency ETFs unless sponsors could address concerns.

Travis Kalanick is walking away with $1.4 billion as Uber's deal with SoftBank closes

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Uber and SoftBank completed their long-awaited investment agreement on Thursday.

House passes bill to avoid a government shutdown. Now comes the hard part

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The bill now heads to a Senate where lawmakers face a tougher task in extending government funding

What happens during a US government shutdown

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President Trump and GOP leaders are racing to meet the deadline prevent a government shutdown.

Top Stories in last day


Most Asian markets carve out moderate gains

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Major indexes in Asia were mostly higher, with the Australian benchmark underperforming regional markets.

United is planning a swankier economy class on international flights

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United is planning to roll out premium economy class later this year, following rivals Delta and American.


Snap laid off two dozen employees and half of them were from its content team

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Snapchat laid off two dozen workers in New York and London. Half of them worked on content as the company consolidated those operations in Los Angeles

HSBC to pay $100 million to settle currency rigging investigation

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It also admitted and accepted responsibility for wrongdoing underlying two criminal wire fraud charges.


Bitcoin drifts slightly lower after briefly topping $12,000

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Bitcoin was a touch lower after surging the previous day to trade above $12,000 following a sharp sell-off.


With eye on Brexit talks, May offers France money for border security

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Britain and France are expected to commit to joint military operations including a combined expeditionary force.

2017 was one of Earth's warmest years on record even without El Nino

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NASA and NOAA are in strong agreement that there has been a rapid warming trend over the last four decades.


Blockchain cryptocurrency wallet launches bitcoin buy and sell in the US to challenge Coinbase

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Blockchain will be starting off with a bitcoin selling function, before adding a buy service, CEO Peter Smith told CNBC


Trump, countering Kelly, says his border wall view hasn't 'evolved,' insists Mexico will pay for it

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President Donald Trump defended his proposed wall along the U.S. southern border, saying his position "has never changed or evolved."

India successfully test-fires a nuclear-capable intercontinental ballistic missile

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India successfully launched a long-range intercontinental ballistic missile (ICBM) on Thursday.


Cryptocurrencies edge higher with ripple bouncing back 65% after ‘severe’ sell-off

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Bitcoin and ethereum — the first and second largest cryptocurrencies by market value — appeared to stabilize after Wednesday's lows.

Germany fiercely defends its trade surplus, says it would be ‘futile’ to spend more

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Germany again defended its economic surplus on Thursday, despite increased criticism from the International Monetary Fund (IMF) and Europe.


Apple's latest security flaw is a 'text bomb'

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A newly discovered security flaw is affecting Apple's iPhone and Mac computers.


French leader Macron meets May in first official visit to the UK

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French President Emmanuel Macron is visiting the UK Thursday for the first time since taking office, in an attempt to secure defense cooperation post-Brexit.

China's economy grew 6.9% in 2017, topping both the official target and 2016's growth

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China reported its fourth-quarter and full-year 2017 GDP figures on Thursday.


Nobel-winning economist has an idea to stop 'extremely disruptive' A.I. from harming society

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Artificial intelligence (AI) could be the biggest challenge facing the jobs market and even humanity itself, according to Nobel Prize-winning economist Robert Shiller.

Thursday, Jan 18

Facebook attacked by critics over 'fake news' — but outside the US this time

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The case "is a tragic reminder to Facebook of the central role it plays in shaping political discourse," an expert said.

South Korea is considering shutting down all virtual currency exchanges, regulator says

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Choi Jong-ku, chief of the country's Financial Services Commission, announced the news on Thursday.

Wednesday, Jan 17

Bitcoin sinks below $10,000 and is now 52% off all-time high as cryptocurrency sell-off deepens

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Bitcoin fell below $10,000 for the first time since November, as a sell-off in cryptocurrencies continued for a second day Wednesday.

'Trump is a revolution, unfortunately, and I'm concerned,' Nobel Prize winner Robert Shiller says

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U.S. President Donald Trump is like a "revolution" taking place in U.S. society, according to Nobel Prize-winning economist Robert Shiller.

Crypto carnage: Bitcoin briefly dips below $10,000 on Coinbase, and ethereum crashes too

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Digital currency ethereum plunged below $1,000, amid a massive sell-off in major digital currencies.

Bitcoin and ethereum suffered massive drops, but many cryptocurrencies are faring even worse

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Bitcoin, ethereum and litecoin price declines weren't as bad as many other tokens during the broad market sell-off.

Tuesday, Jan 16

Bitcoin futures drop 20% as digital currency hits six-week low over crackdown fears

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The price of bitcoin fell below £12,000 for the first time since December 5, according to CoinDesk data.

Bitcoin headed to $100,000 in 2018, says analyst who predicted last year's price rise

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Kay Van-Petersen, an analyst at Saxo Bank, said in December 2016 that bitcoin would reach $2,000 in 2017.

Trump is headed to the 'party of Davos': Here's what you need to know

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All eyes will be on U.S. President Donald Trump at the World Economic Forum next week.

Countries are 'specifically targeting' China with 'protectionism,' says wealth fund chief

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China Investment Corporation is "facing more difficulties and challenges" related to "protectionism," says Tu Guangshao.

Monday, Jan 15

China is reportedly raising the bar on its cryptocurrency crackdown

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Beijing plans to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, it was reported Monday.

Apple’s iPhone 7 Plus was the second-best selling phone in China in 2017

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The Oppo R9s was the best-selling smartphone in China in 2017.

Airbus admits it will have to stop making its A380 if there's no new deal with Emirates

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Airbus has admitted that unless it can find more buyers for its A380 superjumbo, the program may have to end.

North Korean news agency threatens Olympics pullout after Seoul praises Trump

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"They should know that train and bus carrying our delegation to the Olympics are still in Pyongyang."

Sunday, Jan 14

FCC chides Hawaii on lack of safeguards to prevent 'unacceptable' false alerts

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"The false emergency alert sent yesterday in Hawaii was absolutely unacceptable," FCC Chairman Ajit Pai said.

Trump attacks Wall Street Journal as 'fake news' over his North Korea comments

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The president accused the Journal of intentionally misquoting him on North Korea to generate a story.

Saudi Prince Alwaleed said to be in settlement talks with government

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Prince Alwaleed bin Talal, detained for over two months, is negotiating a possible settlement, an official said.

If Iran's protests made the country more moderate, it could reap financial reward

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Iran's regime claims to have quelled an uprising, but history shows such movements often mark the beginning of change.