NewsWatch: ‘Dr Doom’ Faber says Trump is killing the dollar — and that’s why people are diving into bitcoin


It’s a big day for inflation data and that could boost the buck. However, Dr. Doom, also known as Marc Faber, says the dollar is in for a rough time longer term, thanks to Trump. The alternatives are few, though, and bitcoin isn’t one of his favorites. See full story.

U.S. stock market poised to lose grip on records after inflation report, jobless claims

U.S. stock futures retreat on Thursday following data on jobless claims and inflation, which helped to keep benchmarks in check after a recent run of back-to-back records. See full story.

Why you’ll pay for Trump’s tax cut

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