Author: super@dmin
-

The Moneyist: A real-life Cinderella story with 3 sisters—and a father who died without a will
Dear Moneyist, My second cousin has been raised by her maternal grandmother, who is my aunt. Her mother is an addict and her father, who provided minimal but constant support, died a month ago. My cousin’s parents were not married and a support order was not in place. We recently discovered that the deceased father…
-

Capitol Report: Key SEC official: Judge enforcement by impact, not stats
Getty Images U.S. Securities and Exchange Commission Co-Director of Enforcement Stephanie Avakian The Securities and Exchange Commission’s enforcement numbers for last year weren’t made public until Friday morning but the co-director of enforcement, Stephanie Avakian, was already playing defense this week, telling an audience of current and former SEC lawyers in Washington D.C. she rejects…
-

CryptoWatch: Bitcoin trades higher, trying to avoid back-to-back losing weeks
Bitcoin prices are trading higher Friday, as bullish participants are trying to avoid consecutive losing weeks in a market that has suffered five weekly losses in the past six. The price of one bitcoin BTCUSD, +0.27% was last changing hands at $6,387.06, up 0.6% since 5 p.m. Eastern Time Thursday on the Kraken cryptocurrency exchange.…
-

Market Snapshot: Dow, S&P lose early gains after jobs report; Apple’s stock sinks on outlook
Stocks turned negative late Friday morning, erasing an early rally that saw the Dow surge nearly 200 points following a stronger-than expected jobs report. The prospect of an easing of trade tensions between China and the U.S. were also a factor, while shares of Apple Inc. remained under pressure following third-quarter results. Benchmarks The Dow…
-

Metals Stocks: Gold retreats from 3-month high after strong October jobs report
Gold futures traded moderately lower, retreating to a new session low Friday after a stronger-than-expected October jobs report. Gold for December delivery GCZ8, -0.40% was off $4.50, or 0.4%, to $1,234.10 an ounce. Gold on Thursday settled at a three-month high, up 1.9% as the U.S. dollar weakened. A weaker U.S. unit can be a…
-

Outside the Box: Why planning for retirement is harder for women
How many of us have seen Grandma outlive Grandpa? Or Mom outlive Dad? Families try to help and plan for these major events, but it goes well beyond taking on supportive tasks such as yard work, driving to doctor’s appointments, and helping with shopping and cleaning. The issues women face leading up to and during…
-

Currencies: Strong jobs report not enough to lift dollar out of its lull
The U.S. dollar was muted despite a better-than-anticipated jobs report for October on Friday, which market participants attributed in part to good news being priced in already. The U.S. added 250,000 new jobs to its economy in October, dwarfing the estimate from economists polled by MarketWatch of 208,000. Wage growth climbed to a nine-year high…
-

Credit.com: You can escape from a payday loan nightmare. Here’s how
Nobody likes being in debt, but it’s even worse when it seems like there’s no way out. Twelve million Americans turn to payday loans every year, spending $9 billion on loan fees, according to a recent report by the Pew Charitable Trusts, because few of these loans are paid off by their due date. In fact, the Consumer Financial Protection…
-

Company insiders are buying stocks again after October’s rout
Those in the know are now saying it’s time to buy this pullback. Last week, insiders — the ones with the front-row seats on business — bought more of their company shares than they sold by a ratio of 1.25. That’s unusual. Typically, they sell about twice as much as they buy. This means the…
-

Asia Markets: Asian markets surge; Chinese stocks jump as trade tensions ease
Asian stock markets jumped in early trading Friday, reflecting investor relief about upcoming trade talks between China and the U.S., as well as the dollar‘s gains against a basket of major currencies including the yen. President Donald Trump on Thursday said he had a good talk with Chinese President Xi Jinping, and that trade talks…