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U.S. markets news

Fed Predicts Modest Economic Growth From Tax Cut
WASHINGTON - The Federal Reserve, buoyed by a steadily strengthening economy, raised interest rates for a fifth time since the financial crisis on Wednesday and predicted that a proposed tax cut moving through Congress would modestly increase economic ...
Yellen Isn't Buying Trump's Tax Cut Talk of an Economic Miracle  Bloomberg
Dollar nurses losses after post-Fed sellof  Reuters
Ajit Pai Nears His Biggest Win With Net Neutrality Repeal
WASHINGTON - Small tech companies, consumer groups and many celebrities have been up in arms for weeks about a proposal at the Federal Communications Commission to dismantle landmark rules that guarantee an open internet.
Net neutrality ensures internet providers are not our gatekeepers  The Hill
The FCC is about to create an 'internet for the elite'  CNN
What Is Litecoin, and Why Is It Beating Bitcoin This Year?
With digital currency Bitcoin taking the spotlight in 2017, it's hard to remember the other cryptocurrencies that have been growing in its shadow.
5 Reasons Why The Litecoin Price Is Going Up So Fast. Will The LTC Surge ...  Forbes
Bitcoin Price Arbitrage Will Set Algorithms Humming  Nasdaq
Target to Buy Shipt for $550 Million in Challenge to Amazon
Target Corp. agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up its challenge to Inc. by speeding the rollout of same-day shipping.
Target To Acquire Shipt for $550 Million to Speed Up Same-Day Delivery  Fortune
Target purchases same-day grocery delivery service Press
How a Dorm Room Minecraft Scam Brought Down the Internet
The most dramatic cybersecurity story of 2016 came to a quiet conclusion Friday in an Anchorage courtroom, as three young American computer savants pleaded guilty to masterminding an unprecedented botnet—powered by unsecured internet-of-things devices ...
Former Rutgers student admits to creating code that crashed internet
Former Rutgers student pleads guilty in cyber attacks
Uber Investor Sues Over Self-Driving Car Firm Acquisition
Uber Technologies Inc. directors were accused of failing to properly review the ride-sharing company's $680 million acquisition of a self-driving technology firm that wound up being accused of stealing trade secrets from a unit of Alphabet Inc. Uber's ...
Justice Department Confirms Criminal Probe in Uber Case  U.S. News & World Report
DOJ confirms new criminal probe linked to Waymo v. Uber lawsuit  Ars Technica
T-Mobile is making an enormous bet on cable television. Here's how.
Back in 2015, we said T-Mobile was basically becoming a cable company as it sought to turn its wireless data customers into bigger consumers of mobile video, exempting preselected services such as Spotify and Netflix from user data caps.
How T-Mobile Plans to Replace Your Cable TV Provider  Fortune
T-Mobile promises to end the “complete bulls—t” from TV companies in 2018  Ars Technica
After Outcry, Crowdfunding Site Patreon Backs Off Plan To Raise Fees
The popular crowdfunding service Patreon has backed off plans to change its payment structure, after widespread, vocal and passionate opposition from creators and their fans.
Why content crowdfunder Patreon is halting its hated fee change  TechCrunch
Patreon was this close to ruining the artist crowdfunding platform because ...  Mashable
The Solution to Homelessness Won't Be Robot Cops
A San Francisco animal shelter is under fire for using a security robot, dubbed K9, to push out homeless people encamped nearby. America's disruption capital, San Francisco, has both a crippling housing crisis and an abundance of startups using ...
Animal shelter faces backlash after using robot to scare off homeless people  The Verge
San Francisco SPCA Using Robots to Chase Away Homeless Is Illegal
College gets $50 million from student who barely graduated
In 2007, shy of a few credits, the bioinformatics major left school full-time to start data protection startup, Datto. He eventually earned his undergraduate degree from RIT in 2009, graduating with a 2.2 GPA.
NY College Gets Its Largest Ever Gift From Alumnus: $50M  U.S. News & World Report
Who is Austin McChord?  Rochester Democrat and Chronicle