Author: super@dmin

Ford Motor Co. F, -1.93%   Chairman Bill Ford and JPMorgan Chase & Co. JPM, -1.09%   Chief Executive Jamie Dimon are the latest big names to drop out of an investment conference in Saudi Arabia following the disappearance of a Saudi journalist, but U.S. Treasury Secretary Steve Mnuchin is said to still be planning…

Bitcoin mining was once, as close as you could get to free money. You plugged in your computer, which began solving complicated mathematical problems on the bitcoin ledger, and you were rewarded with bitcoin. Now, 10 years on since the first bitcoin was mined, competition to solve these complicated puzzles on the blockchain has surged…

WeWork Cos. co-founder Miguel McKelvey a few years year ago brushed off the idea of an initial public offering, telling a small gathering in Napa Valley that the shared office-space company is “thinking about how to prolong that eventuality to a distant point in the future.” Enter SoftBank Group Corp. SFTBY, +4.98% which is increasingly…

Credit-card interest rates are soaring to new highs and, experts say, consumers should start to rethink their debt repayment strategies. The national average minimum annual percentage rate (APR) for credit cards was 17.07% on Wednesday, up from 17.01% a week earlier, according to a report from CreditCards.com. A year ago, the average minimum interest rate…

Dear Moneyist, My friend gives me stock advice. I have executed trades based on some of his suggestions and have made a decent amount of money on most of his trades. I am well off and have a good portfolio in terms of monetary value and positions. Don’t miss: My stepfather left $1 million to…

Of all the times for a massive money manager to glitch out, Thursday was not one of them. That’s what happened at the giant Vanguard Group, as the Dow Jones Industrial Average DJIA, +1.15%   dropped more than 540 points, following Wednesday’s 831-point plummet. Some Vanguard customers fumed on Twitter TWTR, +3.67%   that they…

Debt collectors want federal regulators to dial down recent anti-robocall rules that, they say, wrongly end up lumping them with spammers and scammers. Ever since new regulations took effect last year, too many valid debt collection calls have been mislabeled as “spam,” “scam” or been blocked altogether. At least, that’s what members of the credit…

Corporate insiders are giving the stock market the benefit of the doubt, despite the market’s early-October plunge. For the record, I should stress that the insider trading to which I refer is the legal kind: transactions by a firm’s officers, directors, and largest shareholders, and reported promptly to the Securities and Exchange Commission. It’s possible…

Everett Collection It’s a scary time for stock investors. After a nail-biting week with the Dow Jones Industrial Average sinking nearly 1,400 points over two sessions, the jury is still out on whether the selloff signals a fundamental shift in the stock market or a brief episodic correction. But one thing is certain: Investors should…

Bitcoin prices held above $6,000 Friday, after a 24-hour selloff resulted in the price of the world’s largest digital currency trading perilously close to a crucial support level. A single bitcoin BTCUSD, -0.25%  was last going for $6,231.11, up 0.1% since Thursday at 5 p.m. Eastern Time on the Kraken cryptocurrency exchange. Thursday’s decline took…