Author: super@dmin

China’s October trade data beat expectations across the board. So, why are analysts still skeptical about the outlook for world’s second-largest economy? Market participants believe that China’s October data are distorted by its trade spat with the U.S. Recent trade data showed that exports were growing 15.6% on the year, up from 14.5% in the…

U.S. government bond yields continued their ascent Thursday even after the Federal Reserve made few changes to its policy statement. The 10-year Treasury note yield TMUBMUSD10Y, -0.31% was up 1.7 basis points to 3.232%, and the two-year note yield TMUBMUSD02Y, -0.13% rose 2.1 basis points to 2.969%, hovering at a decadelong high. The yield for…

Bloomberg Fed Chairman Jerome Powell The Federal Reserve on Thursday held interest rates steady while signaling that it will stay the course and move rates up at a gradual pace in coming months. As expected, the Fed kept its benchmark target for rates unchanged in a 2% to 2.25% range. In November, the central bankers…

Major digital currency prices traded lower Thursday in New York, giving up the majority of Wednesday’s advance. Bitcoin, BTCUSD, -1.33%  the most famous digital currency, was changing hands at $6,442.99, down 1.2% since Wednesday at 5 p.m. Eastern Time on the Kraken exchange. As it stands, bitcoin is on track for its worst session since…

Know when to put your wallet on lockdown. Once in a while, friends or family want to borrow money. How should you handle this? Be careful. Over the years, a hundred people asked me to borrow money from 50 bucks to tens of thousands. I have granted only two requests. A lot of ill feelings…

Ariana Grande has a message for anyone suffering from anxiety: Just breathe. The 25-year-old performer released the music video for her single “Breathin’” on Wednesday, showing herself feeling isolated or behind clouds. “Time goes by and I can’t control my mind,” she sings. “I know I gotta keep, I keep on breathin’.” She told Jimmy…

Gold prices fell Thursday and were at risk of settling lower for a fourth time in five sessions as the U.S. dollar gained ahead of the latest policy update from the Federal Reserve. December gold GCZ8, -0.26%  was down $3.80, or 0.3%, at $1,224.90 an ounce, so far logging about a 0.7% decline for the…

Big banks look like losers now that the midterm elections are over, according to some analysts. Democrats took over control of the House of Representatives in Tuesday’s vote, making it likely that Rep. Maxine Waters, a California Democrat, will become chairwoman of the House Financial Services Committee. “We expect the House Financial Services Committee will…

President Trump’s former attorney general, Jeff Sessions, was staunchly against marijuana. His forced resignation on Wednesday is good news for marijuana investors in the long run. And good news for marijuana keeps piling up. Please see “Marijuana’s biggest win is still ahead — but investors may lose money before then.” So should investors buy marijuana…

iStockphoto As it starts to get dark outside lights turn on inside brick homes in the Dyker Heights neighborhood of Brooklyn. Rates for home loans roared higher, taking the benchmark mortgage product to a new high and setting up a fresh test for an already strained housing market. The 30-year fixed-rate mortgage averaged 4.94% in…