Author: super@dmin
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CryptoWatch: Bitcoin steadies above $6,000; CEOs lash out at New York AG report deemed ‘not friendly’ to cryptos
Bitcoin prices moved higher Wednesday, attempting to break out of what’s been a relatively subdued period for the world’s largest digital currency. In late Wednesday trading, a single bitcoin BTCUSD, -0.61% was last changing hands at $6,432.61, up 1.8% since Tuesday at 5 p.m. Eastern Time on the Kraken exchange. Bitcoin has not traded outside…
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The Moneyologist: My wife transferred $130,000 from our joint bank account into a CD with an unbelievable ‘6% return’
Dear Moneyist, Both my wife and I recently lost our jobs and both received payouts for about $40,000 each. I lost my job six months before. We placed my check in our joint bank account and continued to pay our normal monthly bills. We also sold a home and walked away with about $90,000. My…
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Market Snapshot: U.S. stocks close mostly higher as investors take escalating trade tensions in stride
U.S. stocks closed mostly higher Wednesday as investors took escalating trade tensions in stride to instead focus on improving economic fundamentals even as a weak technology sector hobbled the Nasdaq. How did major benchmarks fare? The Dow Jones Industrial Average DJIA, +0.61% gained 158.80 points, or 0.6%, to 26,405.76, leaving it less than 1% from…
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The Moneyist: If you can’t afford to tip 20%, should you go to a different restaurant?
Dear Moneyist, Tipping is supposed to be a “gratuity” not an obligation. Now it is perceived by many, if not most, as stealing from the employee if you do not leave a tip. I was recently told that not leaving a tip is taking food from their children’s plate. In many establishments the tip is…
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Want a career change? Maybe you should become a certified financial planner
One of the most in-demand well-paying jobs in the U.S. isn’t in Silicon Valley or on Wall Street, and you can train for it with an online course. It’s a subject close to my heart — I’m pursuing it myself. Financial advising is a fast-growing field that’s expected to soar in demand as fewer American…
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Micron stock options show traders are bracing for a big rally—or a selloff
Traders of Micron Technology Inc. stock options are ready for a bigger-than-usual move in the stock, in either direction, after the memory chip company reports earnings after Thursday’s closing bell. The stock MU, -0.60% lost 0.7% in afternoon trade, and has tumbled 14% just this month, while a popular chip maker index, the PHLX Semiconductor…
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Retire Better: Why doesn’t Facebook ‘like’ older workers?
Even in a red-hot labor market, it can still be tough for some job seekers to find work. Companies like Facebook FB, +1.72% aren’t making it any easier—in fact, says a complaint filed with the federal government Tuesday, the social media giant and 10 other companies are actually going out of their way to make…
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Personal Finance Daily: One way to fix the #MeToo problem and the right way to spend a lot of money
Happy Wednesday, MarketWatchers! Here are the top personal finance stories of the day. Personal Finance I love my girlfriend, but she spends all her money on vacations and clothes This 22-year-old man saw his mother lose everything during the Great Recession and doesn’t want history to repeat itself. This shopping hack will get you 60%…
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Currencies: Dollar drifts lower as Brexit talks, data pull British pound in opposite directions
The U.S. dollar was slightly weaker versus many of its rivals on Wednesday, as investors focused on new Brexit-inspired turmoil surrounding the British pound, as well as China’s reiteration that it wouldn’t use its yuan as a trade-war weapon. The ICE U.S. Dollar Index DXY, -0.08% was down 0.1% at 94.538, having remained in the…
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The Moneyist: I love my girlfriend, but she spends all her money on vacations and clothes
Dear Moneyist, I am 22 years old and just graduated from college in May with a bachelor’s degree. I recently started my first full-time job and am making decent money. Now that I am on my own, I am excited to start slashing away at my $10,000 in student-loan debt so that I can start…