Business

Bitcoin warning: Cryptocurrency at risk from hackers who bankrupt currency exchange | City & Business | Finance

Bitcoin prices have been at an all-time high but the cryptocurrency could be facing growing risks of hacking due to its unexpected value increase. Mr McNamara said: “The fact that it has appreciated so much in value this year means that it’s attracting a lot of interest from various cybercriminals. …

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How Care for Elders, Not Children, Denies Women a Paycheck

Lots of these older Americans — 14 million, according to Paul Osterman of the Massachusetts Institute of Technology’s Sloan School of Management — can’t live independently and care for themselves. The burden of care weighs predominantly on their wives and the daughters. About a quarter of women 45 to 64 …

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Readers in Michigan: We Need More Skills, Not More Jobs

“I was like, O.K., is he ever going to be leaving?” she quipped to the nearly 100 community members who turned out for the forum on Nov. 28. The focus was jobs and the manufacturing economy, and we were joined onstage by Mindy Bradish-Orta, president of the Jackson County Chamber …

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Europe’s Central Bank, Lagging Behind Counterparts, Faces Eventful 2018

But investors and analysts have already begun speculating about whether the central bank will, at some point, rule out an extension of the debt purchases past September. That would set the stage for the bank to start raising rates for the first time in a decade. Statements recently by members …

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Bitcoin: What are Bitcoin futures and how will they affect the price? | City & Business | Finance

The popular cryptocurrency was listed a tradable future with the Chicago Board Operations Exchange (CBOE) on Sunday, marking its arrival on Wall Street. This is the first time in the crypto token’s volatile history that investors will be able to enter the bitcoin market through a major regulated exchange in …

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Janet Yellen Didn’t Set Out to Be a Feminist Hero

Despite his unorthodox decision to replace her, even Mr. Trump has agreed that Ms. Yellen has performed well in the job. In the Rose Garden announcing Mr. Powell’s nomination, the president called Ms. Yellen an “absolutely spectacular person” and said she had “done a terrific job.” Photo Janet L. Yellen …

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Conservative Groups Seeking Support for Tax Cuts Find It a Hard Sell

“The American people have waited 31 long years to see our broken tax code overhauled,” the leaders of the Koch’s political network insisted in a letter to members of Congress on Monday, urging swift approval of final legislation. They added that the time had come to put “more money in …

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The Great American Single-Family Home Problem

Even with a flurry of legislation, economists are skeptical that California can dent home prices anytime soon. Housing takes years to build. And five of the new housing bills included a union-backed measure that requires developers to pay prevailing wages on certain projects, something that critics say will increase the …

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F.C.C. Plan to Roll Back Net Neutrality Worries Small Businesses

The regulations, established by the F.C.C. in 2015, have heavyweights on both sides of the debate. Internet giants like Google and Amazon say that net neutrality preserves free speech; telecom titans like AT&T and Verizon warn that the existing rules put a chokehold on free-market commerce. In a blog post …

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