Kushner company reaped high returns with misleading paperwork: BLOOMBERG

By Joe Ruiz A real estate investment startup co-founded by Jared Kushner skirted New York City laws and earned his company more money than expected when they flipped the properties, according to a report by Bloomberg. In the company’s first-known deal, according to Bloomberg, Cadre sold three rent-regulated buildings for $59 million in April 2017, […]

Dow sinks into correction territory, sheds over 10000 points, its second-worst drop in history

The Dow Jones industrial average plunged 1,033 points Thursday, its second-worst drop in history, extending its losses in the recent sell-off to more than 10% and putting it officially into correction territory. The blue-chip stock average’s recent drubbing, which follows its record 1,175-point drop Monday, has been fueled by fears that an era of low interest rates […]

Amazon settled a major tax claim in France

US online shopping giant Amazon on Monday announced it had settled a major tax claim in France and agreed to report all its French income locally in future. Amazon, one of the US tech giants accused of paying too little tax in Europe, said the deal related to a French claim for nearly 200 million […]

Stock tips after Dow suffers its largest point decline ever

By Chris Woodyard,Adam Shell and Nathan Bomey The stock market’s feverish fall Monday afternoon, punctuated by a nearly 1,600-point intraday drop for the Dow, immediately struck fear in the hearts of many investors and prompted them to reassess their portfolios. But let’s get real. This is no time to panic. To be sure, a blizzard of […]

Bitcoin loses its shine, briefly tumbles below $8,000, as cryptos crater

Bitcoin and other cryptocurrencies came under intense selling pressure on Friday, as concerns over a tighter global regulatory atmosphere chopped billions from the crypto market. Bitcoin BTCUSD, -2.22%  was most recently changing hands below the $9,000 level at $8,742, down nearly 13%, according to research and news site CoinDesk.com. Bitcoin’s spot price briefly fell below […]