Author: super@dmin
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Metals Stocks: Gold prices again pressured by resilient dollar
Gold prices tipped lower Thursday, trading about flat for the week to date as a whole, as the dollar index holds near its recent high-water mark. December gold GCZ8, +0.36% was down $1, or 0.1%, at $1,209.10 an ounce, now up roughly $8 since Tuesday’s finish at $1,201.40 marked the lowest for a most-active contract…
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The right way to donate to the victims of the California wildfires
Even in donating, there’s a right way and a wrong way. California is suffering the deadliest wildfire in state history, with up to 50 people dead and hundreds more missing. The wildfire, known as the Camp Fire, has scorched 135,000 acres in Northern California’s Butte County, and touched Ventura, Sutter and Los Angeles counties as…
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CryptoWatch: To legitimize the crypto markets, let’s address integrity
Cryptocurrency, despite being one of the most oft-repeated financial buzzwords of the last couple of years, is still a concept that is often misunderstood by the general investing public. Though the technology and asset class is new, the trading venues for cryptocurrencies are open to manipulation and deceptive behavior that the financial industry has been…
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Asia Markets: Nikkei slides amid mixed trading by Asian markets
Asian stock markets were mixed in early trading Thursday following overnight declines in U.S. stock prices and Treasury yields. But the declines were generally less than 0.5%, including in Japan, where the Nikkei fell nearly 1% in the opening minutes of trade. The Nikkei NIK, -0.19% was last down 0.4%, with electronics and financials…
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Commodities Corner: Natural-gas prices just booked the largest daily percentage gain in 14 years, up 18%
Natural-gas futures rocketed higher Wednesday, settling at their highest price since February 2014 and logging one of the best days in years, according to Dow Jones Market Data. “The move higher in natural gas prices is mainly a result of a 15-year low in stockpiles combined with cold weather forecasts for large portion of the…
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Personal Finance Daily: Tulsa is paying people more than $10,000 to move there and how plummeting oil prices will affect Thanksgiving commutes
Happy Wednesday, MarketWatchers! Here are the top personal finance stories of the day. Personal Finance Why Amazon’s ‘HQ2s’ won’t create two more Seattles The online retail giant has chosen Crystal City, Va. and Long Island City, N.Y. What student loan debt does to people (it’s not pretty) New survey shows the human toll, forcing many…
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The Ratings Game: Apple’s stock flirts with bear market after Guggenheim cuts rating, earnings outlook
Shares of Apple Inc. once again erased early gains to trade at a four-month low on Wednesday, after Guggenheim Securities analyst Robert Cihra cut his rating and earnings estimate, saying rising selling prices is “no longer enough” to offset weakening iPhone units. The stock AAPL, -2.34% rose as much as 1.2% soon after the open,…
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Small-cap death cross: buying opportunity or bear-market warning sign?
There’s been no wilder ride in the markets this year than for small-cap equities. For the first eight months of the year, the Russell 2000 RUT, -0.51% doubled the performance of the S&P 500 SPX, -0.53% . Since its 52-week high on Aug. 31, investors have been fleeing small-cap stocks with such alacrity that the…
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Contactless cards could start taking off in the U.S. as Chase announces rollout
Contactless cards have been slow to take off in the U.S., but an endorsement from the largest domestic issuer may help speed up adoption. Chase, the consumer banking arm of JPMorgan Chase & Co. JPM, -2.26% announced Wednesday that it would be sending out contactless Visa Inc. V, -0.15% credit cards beginning in the first…
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Outside the Box: Why does the early-retirement movement have so many haters?
What could possibly be wrong with saving like crazy, so you can retire early? That’s the notion behind the Financial Independence/Retire Early, or FIRE, movement. Yet lately, I’ve read a lot of carping about FIRE, both in articles and in the emails I receive. Just last week, those complaints got yet another airing in The…