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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Wall Street Journal

Pinterest Blocks Vaccination Searches

Wed, Feb 20, 2019

Pinterest has stopped returning search results for terms relating to vaccinations, a drastic step aimed at curbing the spread of misinformation....

Lyft Plans to List Shares on Nasdaq

Wed, Feb 20, 2019

The ride-hailing company is expected to make its IPO filing public as early as next week. ...

Nonprofits Grow Uneasy With Philanthropy Tainted by Opioid Proceeds

Wed, Feb 20, 2019

Two more prominent institutions are currently reviewing their philanthropic relationships with members of the Sackler family, owners of pain-pill maker Purdue Pharma....

Samsung Galaxy S10 First Look: More Phones, More Cameras, More Money

Wed, Feb 20, 2019

A first look at Samsung’s Galaxy S10 lineup, the Galaxy S10e, S10, S10+ and S10 5G with a March 8 ship date, finds they offer some cool features—and 5G compatibility on one model—but no big technology leaps....

Nestlé, McDonald's, Others Pull Ads From YouTube

Wed, Feb 20, 2019

Several companies suspended advertising on YouTube following a report documenting material on the video service that sexually exploits children....

Fed Prepares to End Balance-Sheet Runoff Later This Year

Wed, Feb 20, 2019

Most Federal Reserve officials last month indicated they were ready to stop shrinking the central bank’s $4 trillion asset portfolio this year and believed an action plan should be released soon....

The U.S. and China Fear Their Leaders Will Cave In on Trade Battle

Wed, Feb 20, 2019

Despite their sharp differences in style, background and policies, Chinese leader Xi Jinping and President Trump share a common problem: growing concerns on the home front that they are going to cave in to the other side. ...

Green New Deal Won't Enjoy a Free Lunch at the Fed

Wed, Feb 20, 2019

At the end of the day, the Green New Deal will face the same constraints that all such undertakings do: They can’t spend more than the economy can produce. Ignoring those constraints will either lead to inflation, a politically weakened Fed, or both....

Markets Warm to the Prospect of an ECB Funding Boost for Banks

Wed, Feb 20, 2019

Market participants are growing confident that the European Central Bank will soon try to boost the eurozone’s ailing economy by rebooting its program of ultracheap long-term loans to the banking system....

Europe Again Champions Intervention to Counter China's Economic Might

Tue, Feb 19, 2019

Europe’s struggle to keep up with China’s government coordination of business and economic might of the U.S. has prompted more European politicians to advocate interventionism. ...

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