Author: super@dmin

Analyst: Trade war is big headline, not big problem Presidential influence. A trade war with China. Rising interest rates. Recession-proofing of US banks. Those are just some of the topics Federal Reserve Chairman Jerome Powell is likely to face at a press conference on Wednesday after the Federal Open Market Committee concludes its two-day policy-setting…

Will your nest egg last? It’s no secret that Americans, on the whole, are behind on retirement savings. While it’s one thing to be in your 20s or 30s with no nest egg, by the time you reach your 40s it’s a bad situation. Though the average American aged 44 to 49 has a little…

Goldman Sachs’ next CEO is a part-time DJ Food photographers and brand ambassadors, move aside: Goldman Sachs is joining Instagram. The investment bank’s official account, launching Tuesday, will feature content designed to endear the Goldman brand to a new generation. Look out for flashy graphics that will showcase company research on genetic medicine and 5G…

Getty Images Federal Reserve officials will release a policy statement, dot-plot and economic projections on Wednesday. Slide 1 of 5 Wall Street and the press will be poring through the Federal Reserve’s material for clues about the potential path of interest rates starting a 2 p.m. Eastern. The Fed may rewrite its statement to get…

Investors are wondering whether a highly anticipated rate increase by the Federal Reserve this week will reignite a dollar rally. Some analysts are skeptical that fully anticipated monetary tightening will do the trick. “The dollar has been weakening since mid-August and the rate hikes for this week and December are pretty fully priced in. Even…

Cryptocurrency prices were extending losses Tuesday, jeopardizing a recent resurgence. Bitcoin, which popped above $6,800 last week, is looking at back-to-back losses. The 48-hour selloff in the world’s largest digital currency has eroded more than half of the Sept. 19 to Sept. 22 rally. In Tuesday trading a single bitcoin BTCUSD, -2.99%  was worth $6,393.45,…

Getty Images/iStockphoto Beautifully restored old craftsman style home. The numbers: The S&P/Case-Shiller national index rose a seasonally adjusted 0.2% and was up 6.0% for the year in July. The 20-city index rose 0.1%, seasonally adjusted, and was up 5.9% compared with a year ago. What happened: Home-price gains were weaker in the three-month period ending…

Major currencies were muted on Tuesday as traders were awaiting the Federal Reserve interest rate decision on Wednesday, the major event of the week. The U.S. dollar was struggling for direction, trading mostly sideways, as the Fed’s two-day monetary policy meeting was about to get under way. Investors are expecting a 25-basis-point interest rate increase…

Donatella Versace: A fashion icon ft. Lady Gaga It’s official: Michael Kors is buying Versace. Michael Kors Holdings (KORS) gained a foothold in the world of elite European fashion on Tuesday by striking a €1.8 billion ($2.1 billion) deal for the storied Italian brand. “The acquisition of Versace is an important milestone for our group,”…

Health-care stocks have emerged as market leaders in the third quarter, helping push major U.S. indexes to new highs. One reason: money managers are embracing the sector as a safety play, particularly after big technology stocks stumbled in September. The S&P 500’s SPX, -0.35% health-care sector XLV, +0.20% is the best performer of the index’s…