Hollywood gears up for ‘Bitcoin’ movies

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Source: Market Watch Personal FinanceHollywood is jumping on the Bitcoin bandwagon.Filmmaker Christian Cashmir is in pre-production for his feature film debut, “Bitcoin,” a comedy about two down-and-out brothers in Arizona who stumble across a Bitcoin wallet worth $20 million and try to sell it on the black market. “Bitcoin” is produced by up-and-coming indie producer Lauren … [Read more...]

What the Federal Reserve rate hike means for your credit-card debt and savings

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Source: Market Watch Personal FinanceBad news for people with credit-card debt: It’s about to get more expensive.The Federal Reserve said Wednesday it is raising its benchmark federal funds rate by a quarter percentage point to between 1.25% and 1.5% — the fourth increase in a year. In other words, the Fed announced an increase in how much banks will be charged to borrow money … [Read more...]

Here’s what’s in the Republican tax deal

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Source: Market Watch Personal FinanceRepublicans’ tax overhaul appears to be heading for approval in Congress next week, after GOP senators who were previously holdouts on the bill said they’d vote for the sweeping measure that would cut corporate and individual rates. See full story.After a week of slow but steady trading on Cboe Global Markets, a new player is set to enter … [Read more...]

New Jersey Republican: Watch for GOP ‘no’ votes in House on tax-overhaul bill

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Source: Market Watch Personal FinanceRepublican House member Leonard Lance explained Saturday on MSNBC that he remains a “no” vote on the Republican bill overhauling the tax code, even though there are certain elements of the bill that he likes. The big issue is the bill’s significant curtailment of the deductibility from federal taxes of state and local taxes, including … [Read more...]

Gillibrand sends Trump campaign contributions to anti-sexual-violence group

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Source: Market Watch Personal FinanceSen. Kirsten Gillibrand has sent to the anti-sexual-violence organization RAINN a sum equaling the contributions made in 2007 and 2010 to Gillibrand's campaign funds by Donald Trump, the New York Daily News reported, saying a spokesman for the New York Democrat had confirmed the development. Gillibrand found herself in a war of words late … [Read more...]

Obamacare sign-ups rise at deadline but fall short of year-ago figure

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Source: Market Watch Personal FinanceThe end of open enrollment under the Affordable Care Act on Friday saw an uptick in people selecting health plans, but with a shorter window this year’s sign-ups are still expected to fall short of last year’s, an outcome that could further imperil the fragile individual insurance market.Less robust sign-ups on the federal health exchange … [Read more...]

CSX’s chief executive dies a day after medical-leave news cuts billions from market cap

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Source: Market Watch Personal FinanceCSX Corp. Chief Executive Hunter Harrison died on Saturday, a day after the surprise announcement that he was placed on medical leave caused the railroad company to lose $4 billion in market value.At the time of his death at 73 years old, Harrison left unfinished his most challenging assignment, the turnaround of CSX.He joined the … [Read more...]

Roy Moore: Concession to Doug Jones? No. Voter-fraud allegation? Yes.

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Source: Market Watch Personal FinanceRoy Moore — who has still not conceded the race for a Senate seat from Alabama — is reportedly asking supporters for a donations for an “election integrity fund.”Moore’s campaign sent a letter to his supporters that seeks help in raising $75,000 to collect reports of “voter fraud” before Alabama’s secretary of state certifies the election … [Read more...]

Former federal prosecutors hit back at Trump charge that Mueller probe is tainted by bias

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Source: Market Watch Personal FinanceA pair of former federal prosecutors dismissed as groundless Saturday the argument from President Donald Trump, his allies and certain media outlets that the discovery of anti-Trump text messages exchanged by two FBI agents have done irreparable damage to the integrity of special counsel Robert Mueller’s probe into Russia’s role in the 2016 … [Read more...]