First banks widened the gap between what they pay you and what borrowers pay them. Now they will fight for your money. Hold your horses, savers. The Federal Reserve raised its benchmark lending rate a few weeks ago, the sixth...
Agency scrutinizing whether data use violates consent decree House Judiciary panel to get briefing from Facebook officials Facebook Inc. is drawing scrutiny from the main U.S. privacy watchdog and members of Congress over how the personal data of 50 million...
Federal Reserve chair Jerome Powell moved markets on Tuesday in his first appearance before lawmakers on Capitol Hill since his confirmation. In response to questions from Rep. Carolyn Maloney (D-NY), Powell hinted that more aggressive action on raising interest rates...
Three- and six-month bills sold at levels unseen since 2008 ​Bid-to-cover ratio on 4-week sale declined to near-decade low The U.S. Treasury on Tuesday sold $179 billion of securities as it works to rebuild its cash balance, with yields at...
As tax season heats up, there are a few outstanding issues and frequently asked questions the IRS wants to address. It has put forward a report to offer some basic information and help counter some common misconceptions. Here are three...
Before whirlwind, banks turned volatility into the hot item ​VIX was seen as sure thing — until it suddenly wasn’t anymore It was the hot trade on Wall Street, a seemingly sure thing that lulled everyone from hedge fund managers...
Here's what investors should know following the Dow's historic tumble and the S&P 500's worst day in seven years. History was made on Monday, with the Dow Jones Industrial Average (DJINDICES: ^DJI), America's most iconic index, tumbling a record-breaking 1,175...
As a last-minute amendment to the Tax Cuts and Jobs Act, Sen. Ted Cruz (R-Texas) added a provision to allow families pay for up to $10,000 per year of K-12 expenses with a 529 plan. This inclusion is said to...
Bitcoin slid to $10,000 on Wednesday for the first time since Dec. 1, leaving the cryptocurrency down by close to half from its peak hit last month. Bitcoin's sell-off, sparked by fears of a regulatory crackdown, deepened Wednesday with the...
Prices in Korea are consistently higher than those elsewhere Local foreign-exchange rules have made profiting difficult It’s the kind of market anomaly that savvy traders usually devour in fractions of a second: bitcoin prices in South Korea are 43 percent...
“To the moon!” The phrase is the battle cry of true believers in cryptocurrency bitcoin—and charts of its price in recent weeks point directly heavenward. Yet beyond a batch of newly minted crypto-millionaires, the digital asset’s recent bull run has...
Housing-industry trade organizations immediately condemned House Republicans' tax bill when it passed in mid-November. Senate Republicans' version passed over the weekend. Unlike the House's bill, it doesn't halve the mortgage interest deduction, but it could still remove tax benefits for...
Republican senators were scrambling to negotiate changes to the tax legislation ahead of key committee and floor votes later this week. Senate Republicans got some sorely needed momentum behind their tax overhaul Tuesday as key GOP swing votes inched closer...
The Senate tax-writing committee continued hammering out the details of its tax cut proposal Tuesday, while the House may vote on its bill as soon as Thursday. Here are the latest developments, updated throughout the day: Thune: ACA Mandate Repeal...
The Dow topped 23,000 for the first time in its 121-year history Tuesday, extending a bull market rally that began nearly nine years ago. This year has been full of milestones for the Dow Jones industrial average. The blue-chip stock...
