Author: super@dmin

Elon Musk is being sued by the SEC Elon Musk is the heart and soul of Tesla. If the SEC gets its way, he could have to step down. The SEC filed a lawsuit on Thursday that accused Musk of making “false and misleading” statements about a plan to take Tesla private. The real shocker…

Bitcoin prices are mostly unchanged Friday, continuing what’s been a quiet week for the world’s largest digital currency. While altcoins, the group of smaller coins beyond the popular bitcoin, have bounced around in ranges of more than 30% this week, bitcoin has been oscillating either side of $6,500. In Friday trading the price of a…

European stocks fell across the board on Friday after Italy’s antiestablishment government agreed to a 2019 deficit projection of 2.4% of gross domestic product, delivering a budget proposal that is likely to draw the ire of the European Union. Italian stocks stood out with a hefty loss of more than 4% as investors dumped shares…

Bloomberg News/Landov A woman carries an Ann Taylor Loft shopping bag in the Georgetown neighborhood of Washington, D.C. The numbers: Consumer spending moderated in August after five straight strong gains. Consumer spending rose 0.3%, the slowest pace since February, the government said Friday. Economists surveyed by MarketWatch had predicted a 0.4% increase. The 12-month increase…

Gold futures prices fell Friday, leaving the metal languishing at six-week lows and headed for a roughly 1.7% loss for September. Gold had markedly dropped a day earlier as the dollar index deepened its advance, seen after theFederal Reserve this week lifted federal-funds rates for the third time this year and signaled it was prepared…

Dear Moneyist, My home is finally selling after a divorce some years ago. I will clear just enough profit to potentially make a down payment to purchase another house — some small fixer upper to secure my future housing needs. I have a smaller, but consistent work income. My current significant other of two years,…

The U.S. dollar strengthened early Friday, adding to Thursday’s performance as traders digested the news of Italy’s budget proposal and the effect it could have on the euro. Indeed, the euro EURUSD, -0.5239%  was the weakest performer among major currencies on Friday after Italy’s government agreed on a budget proposal that would push the country’s…

If Salesforce.com Inc. follows through with its plans, the best view in San Francisco will be available to the public for free next year. On Thursday, Salesforce CRM, -0.39%  invited media to tour the 60th and 61st floors of Salesforce Tower, which officially opened in January, as part of its Dreamforce conference this week. The…

Elon Musk is being sued by the SEC Elon Musk has tweeted himself into serious trouble. The Securities and Exchange Commission sued Tesla’s CEO on Thursday for making “false and misleading” statements to investors. It’s asking a federal judge to prevent Musk from serving as an officer or a director of a public company, among…