Author: super@dmin

As benchmark interest rates in the U.S. rise and the pace of corporate earnings growth slows, Moody’s Investors Service warned Friday that an unprecedented number of corporate credit ratings could be added to the “junk” pile. Moody’s said the dollar value of U.S. corporate bonds outstanding rated at its lowest investment-grade rung of Baa rose…

In could be a tense weekend for currency traders and others keeping a close eye on the political turmoil surrounding the British government’s efforts to negotiate its exit from the European Union. Prime Minister Theresa May faces a potential leadership challenge from within her Conservative Party after a draft agreement on terms of the country’s…

What does it mean that the VIX is only barely higher than average, even as the stock market is experiencing remarkable volatility? The VIX VIX, -2.75% is the CBOE Volatility Index. Though its calculation is complex — derived from the implied volatilities of S&P 500 SPX, +0.07%  options maturing over the subsequent month — it…

Charitable donors, beware this holiday season: not all online crowdfunding campaigns are legitimate, even if they come with a heartbreaking story. A New Jersey couple and a homeless man are facing charges of conspiracy and theft by deception for allegedly fabricating a story for a viral charity campaign that raised more than $400,000 last year.…

Households remain far less in debt than during the recession, according to new data released Friday. The New York Fed on Friday released its third-quarter household and credit report, and comparing the aggregate household debt balance to the Commerce Department’s disposable personal income shows that the ratio rose slightly, to 86.54% from 86% at the…

Nvidia Corp.’s stock was on track for its worst one-day drop in a decade Friday, as more than half the analysts who cover the stock slashed their price targets after the chip maker surprised investors with worse-than-expected inventory problems for its previous-generation gaming chips. Nvidia NVDA, -19.13%  shares sunk to an intraday low of $161.61,…

Bitcoin traded marginally higher on Friday, but was set to book its second consecutive losing week after the recent rout. In Friday trading, a single bitcoin BTCUSD, +1.25%  fetched $5,567.21, up 1.1% since Thursday at 5 p.m. Eastern Time on the Kraken crypto exchange. For the week, the market value of all cryptocurrencies is down…

Both U.S. and global crude benchmarks extended their gains into a third session on Friday, but the move won’t be enough to salvage the brutal weekly losses that helped drive prices to their lows of the year. A supply build, including in the latest U.S. data out Thursday, has pushed the market down, as has…

It may seem like catching a falling knife — but for those brave enough — now might be an opportune time up pick up some bitcoin on the cheap. This chart comes from Twitter user @OddStats, who put together a chart of bitcoin and plotted significant two-day selloffs: Bitcoin $BTCUSD is down -11.9% in the…

Dear Moneyist, I’m 74 and want to create a family educational trust for current and future generations. This is stated in my will and what assets will and/or should be used. I want a number of restrictions in the trust like only 90% of the income can be used so the trust will grow over…