Author: super@dmin

Two former Deutsche Bank AG traders were found guilty of trying to rig a key lending benchmark that was considered one of the most important barometers of the world’s financial health. Matthew Connolly, who led Deutsche Bank’s DB, +0.90%   pool trading desk in New York, and Gavin Campbell Black, a former derivatives trader who worked…

Bloomberg News/Landov Treasury Secretary Steven Mnuchin met with senior Chinese officials earlier this month on the sidelines of the International Monetary Fund (IMF) and World Bank Group Annual Meetings in Bali, Indonesia. The Treasury Department again declined to label China a currency manipulator, instead settling for a stern warning about a recent slide in the…

U.S. government bond yields rose on Wednesday after the Federal Reserve released minutes from its September meeting, which underscored the central bank’s intent to raise rates gradually amid a robust economic backdrop. The 10-year Treasury note yield TMUBMUSD10Y, +0.24% rose 2.1 basis points to 3.178%. The 2-year note yield TMUBMUSD02Y, +0.15% was up 1.5 basis…

Is South Korea a “developed” or “emerging” stock market? Most investors haven’t thought about this question, but a lot is riding on the answer. FTSE Russell, one of the world’s leading index providers, considers South Korea’s stock market to be in the developed category. Rival MSCI puts that country’s market into the “emerging” category. Welcome…

Home price gains since 2013 have been much less impressive than you think. While reports show that home prices have recovered nationwide, the increase has been uneven and not as strong as you have been led to believe. Consider RealtyTrac’s latest report on 148 major U.S. metropolitan areas. The average gain on the sale of…

You might have heard that Social Security checks are going up 2.8% next year, the biggest rise in seven years. That translates into an average benefit of $1,461 a month, up $39. While welcome, it’s necessary to remember that the increase is tied to inflation. Higher payouts will simply enable retirees to keep up with…

Europe’s main equity benchmark fell into the red on Wednesday, a day after the best session since early April, as hand-wringing around faltering negotiations between the European Union and the U.K. over a trade deal to exit from the trade bloc continued. What are markets doing? The pan-European Stoxx Europe 600 SXXP, -0.43%  fell 0.2%…

Major cryptocurrency prices are trading mostly unchanged Wednesday. After rising as much as 10% on Monday, bitcoin, the world’s largest digital currency, broke out of a triangle formation, which if holds, one analyst said could point to another leg higher, testing another important level. “This price action—shown on the chart below—was quickly sold-off but did…

Gold futures pulled back slightly Wednesday from a finish a day earlier at the highest since July, with the precious metal nicked by a firmer dollar but supported by stock-market uneasiness. The typically “haven” gold market so far showed little reaction to news that Russian anti-terrorism experts are investigating a blast at a school cafeteria…

The Mega Millions jackpot has now hit $868 million after there were no winners on Tuesday. The next draw will be 11 p.m. ET Friday. Do you have lottery fever? Will it change you? Here’s something to keep in mind if you are the lucky winner (or a lucky winner) on Friday. It’s a long…