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Today, chinese authorities announced they will close all bitcoin exchanges by the end of this month. The currency took a massive tumble as speculators thought they were witnessing the beginning of the end. So will bitcoin recover from this . Can cryptocurrencies still prove to the world they can revolutionise and democratise trading . Or are they along with tulipmania and the dot coms of the 19905 an unsustainable economic bubble . Heres david grossman. Bitcoin has many fans but the head ofjp mo...

4 buiillion in wealth managemen. Our markets business on the debt side, even relative to the last First Quarter last year, were up more than 10 . In equities, substantial improvement over the Fourth Quarter of last year. The only business which is slightly down is our Transaction Banking business. But thats a function of the fact that we have exited a number of countries and also exited a number of highrisk clients. Let us especially talk about clients. You are saying in that letter to employees...

Good morning. This morning consider the no, maam nomination of shanahan. We thank you for your willingness to serve our nation at an important time. We welcome your family and flends. This is our fredition. It is important they ree information of so in order the dper i to exercise responsibilities. Will you ensure your staff complies with deadlines established for questions for the records and haegs. I will. Will where you vid if respopts to amg thank tex pent me yes. Do you agree to pro vietd d...

Whether the demographics are Something Like 80 of the people can retire its a huge opportunity. I hope youll come to connecticut and talk about this issue. Thank you. Thank you, mr. Chairman. Good morning mr. Shanahan. Im happy to see in your testimony you focus on defense reform and invasion opportunino opportunities. Since the atags on 9 11 through 2011 on weapons that never even entered production. Employees revealed less than 30 were confident in the process to deliver weapons to war fighter...

Good morning. Were going to use this morning to consider the nomination of Patrick Shanahan to be deputy defen defense secretary of the United States. We thank you for your willingness to serve our nation at an important time. We welcome your family and friends. As is our tradition, we invite you to introduce them at the beginning of your testimony. Its important that this committee and other appropriate committees of the congress be able to receive testimony, briefings, and other communications...

Francisco General Hospital. She is in critical condition. Her two children have been united with her father who was not here at the moment. We are told that she actually does live in this neighborhood. We do know that the father and the two children have since gone on to San Francisco General Hospital and they are with her right now. What they are trying to figure out is the relative health of this tree. We are told that it had been asessi assessed by the City Arborist and deemed safe in 2010. W...

But temperatures uniform with the damp dreary north either eastly flow. As we go into the late night hour, overnight, you can see our future radar you dont have the patchy clouds, few sprinkles moving through,s for tomorrow morning, damp and drizzly again, but there is good news in that sevenday forecast. Coming up were going to talk more about when we see warmth returning to this may forecast. More rain this week in and out of the showers and a few drier days to look forward to. Ill see you a l...

Watch the tenyear, near 2. 3 now. Fedex does miss expectations, cuts guidance. Shares are down sharply in the premarket. Well have a cnbc exclusive with hewlettpackards meg whitman. And the stage is set for what could end in the merger of the worlds two biggest beermakers. First up, so much going on one day after that rally on wall street. The fed kicking off that twoday meeting today with a decision on rates due tomorrow. Possibly the first rate hike in about nine years. One barometer of the ec...

Here at the New York Stock Exchange. We will discuss whether the oip ipo market has gone flat. Netflix getting crushed after disappointing earnings last night. The shares are down nearly 8 on the session today. Someone who says the valuation still ridiculously high and he will tell us why coming snup lots of volatility on that one lately. A Sports Equipment Company Investing in new technology that it says could change the landscape for concussion injuries that we have all been focusing on so muc...

Point lead over donald trump in iowa. Speaking of donald trump, the billionaire businessman went on the defense today. Speaking at a rally in jacksonville, florida. Trump attacked the newspaper, bloomberg for his past president ial runs, along with democratic frontrunner hillary clinton. But perhaps he reserved his sharpest criticism for his gop rivals jeb bush, marco rubio, and new frontrunner ben carson. Bush is failing, hes a very nice person, highly low on energy, he really is, hes low, hes ...