Author: super@dmin

Cash is king, according to Goldman Sachs strategists who predict that 2019 will deliver lackluster, single-digit equity returns, making greenbacks the best game in town.

Low earners need to be efficient and creative.

Want to have a comfortable retirement? Stop focusing on the stock market and focus on yourself instead. Simple choices — putting money aside for retirement, increasing contributions once a year, holding tight during market volatility — are what drives investors to success, said Daniel Crosby, author of “The Laws of Wealth: Psychology and the secret…

The U.S. dollar Tuesday bounced back from a modestly negative performance at the start of the week, in turn putting pressure on a pair of major rivals, the euro and British pound. The ICE U.S. Dollar Index DXY, +0.37%  was up 0.3% at 96.500. On the Brexit front, Bank of England Gov. Mark Carney testified…

Chipmaker Nvidia last week issued revenue guidance for the current quarter of $2.7 billion, falling well short of analysts’ consensus estimates of $3.4 billion. The culprit? The deflating bitcoin bubble! Some explanations for earnings and revenue warnings you just can’t make up. The global cryptocurrency mania — not only for bitcoin BTCUSD, -1.75%  but similar…

European stocks were facing their worst finish since late 2016 on Tuesday, as a global equity rout spread around the globe, with tech stocks particularly hard hit. How are the markets performing? The Stoxx Europe 600 SXXP, -0.95%  fell 1% to 351.41, after closing at a three-week low on Monday. If shares continue at the…

Oil prices dropped Tuesday with investor attention still fixed on supply and as the energy complex was swept up in another bout of “risk-off” jitters driving global markets sharply lower. “The broader financial market complex was roiled by weakness in tech stocks and the seemingly hard-to-bridge rift between the U.S. and China, at least as…

U.S. financial markets are closed on Thursday for the Thanksgiving Day holiday. But the market has another reason to be thankful on Friday. Since 1992, stock exchanges have adhered to an abbreviated trading schedule the Friday after Thanksgiving in the U.S. The key driver for the abbreviated session is the ghost-town trading atmosphere that typically…

The crypto meltdown showed no signs of receding with all major coins suffering heavy losses in early Tuesday trade. The price of a single bitcoin, BTCUSD, -7.61% the world’s largest cryptocurrency, was last at $4,403.50, down 8.2% since 5 p.m. Eastern Time on the Kraken crypto exchange. Earlier in the session, bitcoin traded to $4,222.20,…

Gold futures were little changed Tuesday as bulls looked to extend the yellow metal’s winning streak to a fifth session. Gold for December delivery GCZ8, +0.08% on Comex was up $1.20, or 0.1%, at $1,226.50 an ounce, though the contract has spent time in negative territory early in the session as well. December silver SIZ8,…