Author: super@dmin

Damilare Sonoiki’s meteoric rise from impoverished immigrant to a trio of prominent American institutions—Harvard University, Goldman Sachs Group Inc. GS, -1.04%   and “The Simpsons”—crashed last week when he pleaded guilty to an insider-trading scheme involving an NFL player. Before his fall from grace, the 27-year-old Sonoiki kept a darker secret. Just before he was…

Shares of many U.S. semiconductor manufacturers and their suppliers have been hammered over the past week, as investors have learned about the potential effects of President Trump’s trade war with China. But a high level of volatility is customary for chip makers, even as long-term investors have made a lot of money with them in…

Japanese stocks gained and Chinese mainland stocks faltered on Tuesday in an otherwise quiet market day for a region largely closed for holidays this week. A U.S.-South Korea trade deal signed Monday in New York was expected to strengthen the relationship between the two countries, the presidents of each said. South Korean investors, however, will…

The U.S. stock market isn’t far from records, but recent trading activity could have set the S&P 500 up for a steep decline if it falls below a key point. According to John Kosar, chief market strategist at Asbury Research, the S&P 500 sits just 1% above a level that, if breached, could trigger a…

With the cost of weddings skyrocketing, couples are turning to alternative methods to pay for their big day. Nearly three-quarters of couples planned to take on debt for their nuptials, according to a Student Loan Hero survey, and 61% said they planned to use credit cards to cover some of their expenses. Using a credit card…

The stock market has been mostly enjoying a uptrend, shaking off elevated tariff tensions between the U.S. and its global counterparts. However, JPMorgan Chase & Co. JPM, -0.96%   analysts, led by cross-asset strategist John Normand, in a Sept. 21 note, say investors should brace for the possibility of a “major miscalculation” by President Donald…

The Trump administration enacted new tariffs on $200 billion worth of Chinese goods effective Monday. The list includes clothes dryers, seafood, carpet, shampoo, hammers, and even gift wrap and dog leashes. China responded with tariffs on $60 billion of U.S. products, including frozen vegetables and aircraft. But China’s tariffs on U.S. goods are between 5%…

Are pumpkin spice lattes really mostly consumed by young women? Weirdly, that’s the internet myth. Maxwell Glick, an actor and YouTube GOOG, +0.62%  performer based in Los Angeles, defies it. He looks forward to pumpkin spice lattes every single year. “It’s like a celebration,” he said. When Glick heard men are sometimes stigmatized for drinking…

Strategists at Morgan Stanley on Monday raised their rating on emerging-market currencies and bonds to neutral from negative, in part because they viewed global risks as more moderate than earlier projections. “We think this remains a difficult world for EM but we’ve likely adjusted enough for now. Most investors expect trade issues to escalate and…

A slide in the U.S. dollar and a rally by its main rival, the euro, moderated toward the end of the New York trading session on Monday, and investors returned to focusing on this week’s Federal Reserve meeting, which is widely expected to deliver a rate increase. Earlier in the session, European Central Bank President…