Author: super@dmin

Cryptocurrency prices were trading higher Thursday, attempting to regain Wednesday’s losses that took bitcoin, the world’s largest digital currency, to a 10-day low toward $6,400. A single bitcoin BTCUSD, +0.08%  was changing hands at $6,554.46, up 1.5% since Wednesday at 5 p.m. Eastern Time on the Kraken exchange. Late Wednesday, Gemini Trust Company, the digital…

The S&P 500 and the Nasdaq on Thursday booked their worst sessions in about three months as a powerful climb in government bond yields rippled through Wall Street, forcing a broad reassessment of assets perceived as risky, like stocks. How did the major benchmarks do? The Dow Jones Industrial Average DJIA, -0.75% fell 200.91 points,…

A slow-motion selloff in U.S. Treasurys turned into a rout this week, sending yields soaring and finally appearing to rattle stock market investors at least enough to contribute to a selloff that saw the Dow Jones Industrial Average fall by more than 300 points at its session low. In general, higher Treasury yields can eventually…

Boston hedge fund Highfields Capital Management is returning billions in client money and converting into a family office, founder Jonathon Jacobson told investors in a letter Wednesday. The decision to return money to investors would mark one of the largest hedge fund closings in recent history. Jacobson started the $12.1 billion stock-trading firm in 1998…

Based on the giveaways from corporate America, there has never been a better time to be a stockholder. According to S&P Dow Jones Indices, dividend payouts hit a record in the third quarter of 2018, the latest in a series of such records that has been matched by an even-more-aggressive avalanche of stock-buyback programs. Rising…

Bloomberg News/Landov Fed Chairman Jerome Powell Global bond markets got stirred up overnight after late afternoon comments by Fed Chairman Jerome Powell, but central bank watchers say investors were making a mountain out of a molehill. The Fed chair told a Washington audience that rates may have to move beyond neutral and that “we are…

What were once thought of as the golden years are under increasing threat from rising health care costs, to the end of the pension system, to the decline of Social Security. Right now, there are more elderly people than young paying into the system that supports them. Retirement isn’t what it used to be. Seniors…

Getty Images What impact will rising rates have on neighborhoods like this suburban development in Texas? Rates for home loans moved sideways in the most recent week, but the burgeoning bond market sell-off will likely hit mortgages in the coming weeks, setting up another test for a strained housing market. The 30-year fixed-rate mortgage averaged…

Homes that were foreclosed on during the recession are rising in value at a breakneck pace, much faster than the typical U.S. home. The median crisis-era foreclosed home increased 10.3% in value over the past year, versus just 6.5% for the median home overall in the U.S., according to a new analysis from real-estate website…

Workers need to save for retirement. They also need to save for the health care expenses they’ll inevitably have in retirement. Sometimes, those two responsibilities seem to compete with one another. Only a quarter of employees prioritize contributing to a health savings account (HSA), according to a new study by Willis Towers Watson, a global…