Category: random

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…

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…