Author: super@dmin

European stocks headed for a losing week, with Friday’s session adding to a slide amid jitters over a hawkish U.S. Federal Reserve and disappointment after some big corporations produced poorly received quarterly results. What are markets doing? The Stoxx Europe 600 SXXP, -0.60%  eased 0.4% to 365.57 after Thursday’s modest gain. The pan-European gauge is…

You save for retirement, wondering if you’ll have enough to live comfortably. You’re nervous about it. You figure it out, retire, and years later, you realize your wealth continues to grow faster than you’ll ever spend it. What an opportunity. Do you want to transfer a substantial amount of wealth when you pass, or, do…

Many investors have heard the old saw that “it’s not a stock market, but a market of stocks.” The saying is meant to imply that while we talk a lot about the general direction of a bull or bear market, it’s just as important to acknowledge the qualities of individual stocks. It’s a mindset that’s…

The U.S. dollar retained a strengthening posture Friday, after the Federal Reserve kept rates unchanged but signaled that further interest-rate increases were on the horizon. In response, a popular gauge for the greenback rallied 0.8% in its best daily performance since August, according to FactSet data. On Friday, the ICE U.S. Dollar Index DXY, +0.09%…

In an effort to prevent opioid abuse, Blue Cross and Blue Shield of Alabama will no longer cover OxyContin. The insurer announced this week it will stop covering the medication on Jan. 1, in response to the hundreds of overdose deaths that occur yearly in the state. In 2016, 742 people died after overdosing on…

U.S. stocks on Friday were set to end the week lower, with equity-index futures on track to open lower a day after the Federal Reserve held interest rates steady, as expected, and appeared to affirm expectations for a hike to interest rates in December. How are benchmarks performing? Futures for the Dow Jones Industrial Average…

Think that the current bull market is the longest in U.S. history and close to dying? Think again. The current bull market may be less than two weeks old. That’s because of the high percentage of stocks that recently traded more than 20% below their 52-week highs. A 20% drop is the semi-official definition of…

This article is reprinted by permission from NerdWallet. Seattle’s housing market is finally starting to cool, and that’s good news for the hordes of young people who continue to flock to the Pacific Northwest tech hub. But Lauren Byrne, a 26-year-old Nordstrom JWN, +0.15%   buyer, purchased a $390,000 condo with her boyfriend, Zach, in…

Declines deepened in Asian stock markets as the day progressed Friday, erasing the week’s gains in Taiwan and Malaysia, while Japan’s Nikkei was barely hanging on to its advance. But the biggest drop was in Hong Kong, where stocks were down more than 2% to extend this week’s losses. Aside from lingering worries over U.S.-China…

Don’t miss these top money and investing features: Target-date retirement funds are the default choice for many retirement savers. These one-stop, all-weather offerings are straightforward, easy options — but with a bit of extra effort, investors can get more diversity and potential return from an investment portfolio. Read about the limitations of target-date funds and…