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U.S. markets news

US economy to grow nearly 3 percent in 2018 because of Trump tax cuts, IMF says
Traders at the closing bell of the Dow Industrial Average at the New York Stock Exchange on Jan. 17. Investor enthusiasm sent all three major stock indexes to record finishes, and the Dow to its first close above 26,000.
IMF raises global growth forecast, sees Trump tax boost  Reuters
IMF Raises 2018 Global Growth Forecast, Partly on US Tax Cuts  Bloomberg
BBC News  
Biotech M&A takes off as Sanofi and Celgene spend $20 billion
(Reuters) - Biotech deal activity exploded on Monday with French drugmaker Sanofi and U.S.-based Celgene spending a combined total of more than $20 billion to add new products for hemophilia and cancer to their medicine cabinets.
With $9 Billion Juno Deal, Celgene Doubles Down on Cancer  Bloomberg
Immunotherapy Stocks Power Higher on Celgene-Juno Deal
What it's like inside Amazon's futuristic, automated store
I open the Amazon Go app on my phone, scan a QR code on top of the white turnstile and watch as electronic arms open to let me in.
Amazon opens a supermarket with no checkouts  BBC News
Amazon Go store, with cameras instead of cashiers, is opening to the public  Los Angeles Times
The Billionaire Bonanza: 5 Things You Need To Know About The Inequality Gap
Last year saw the biggest increase in the number of billionaires in history, with one more added every two days, according to a new Oxfam report.
In 2017, there was a new billionaire every 2 days  CNBC
There's a huge gender component to income inequality that we're ignoring  Business Insider
Cryptocurrency Markets Aren't All the Same
Different flavors of digital money reflect emerging bets on promising applications. It's not just mindless speculation anymore.
The View From the Bitcoin Bubble  New York Times
Criminals Drop Bitcoin for Other Cryptocurrencies  Fortune
YouTube TV and Hulu Live TV now have hundreds of thousands of subscribers ...
Hulu and YouTube are battling for subscribers for their respective live TV streaming services, according to a CNBC report out this morning, which says that Hulu Live has grown to 450,000 paying subscribers and YouTube TV has just over 300,000.
Hulu and YouTube are off to a solid start with live TV  Engadget
Streaming Wars: Can YouTube and Hulu's Live Services Bring Down Cable?  Observer
Ralph Lauren Corporation (RL) Coverage Initiated by Analysts at Needham ...
A number of other research analysts have also recently issued reports on the stock. Piper Jaffray Companies set a $66.00 price objective on shares of Ralph Lauren Corporation and gave the company a sell rating in a report on Friday, May 19th ...
Exclusive: Ralph Lauren's Olympic opening ceremony uniforms are wearable ...  USA TODAY
Team USA reveals 2018 Olympic opening ceremony uniforms
Passenger Reported Overboard From Carnival Triumph
Carnival Triumph A search is underway for a passenger who reportedly went overboard from the Carnival Triumph last night, according to passengers onboard the Carnival cruise ship.
Lady Overboard On Carnival Cruise  Nasdaq
Woman missing after falling from Carnival cruise ship  The Mercury News
Atlanta and these four other cities are most likely to get Amazon's new ...
GBH Insights predicts five cities out of the new list of 20 candidates have a better chance to get Amazon's second headquarters project.
Everyone can have a trophy, or how to make the most of NOT getting Amazon HQ2  USA TODAY
Trulia picks 3 cities for Amazon HQ2, based on housing affordability data  GeekWire
AIG to Buy Bermuda Reinsurer Validus for $5.6B in Cash, Reversing Retrenchment
Eight months after Chief Executive Officer Brian Duperreault took over and began to undo his predecessor's retrenchment strategy, the company announced a $5.56 billion, all-cash deal to purchase Bermuda reinsurer Validus Holdings Ltd.
AIG to buy reinsurer Validus for $5.56 billion  Reuters
AIG, once on death's door, is doing deals again  CNNMoney