At last, Britain’s game of three-dimensional chess with the European Union is entering its closing phase. On November 14th the two parties published a draft divorce agreement, 585 pages in length. Nearly two-and-a-half years after the British shocked their own...
Getting a college degree and buying a home are two milestones many Americans aspire to. But as student debt skyrockets, the burden can often make homeownership tougher to achieve. Almost one in four homebuyers this year had student loans, which...
Each year, we assign Morningstar Analyst Ratings to college savings plans based on five key pillars: Process, People, Parent, Price, and Performance. We also consider if any plans convey unique benefits, such as local tax breaks, grants, and scholarships, though...
Oil tumbles to one-month low; Gold, yen rally on haven buying Stoxx Europe 600 slides toward the lowest level since 2016 U.S. stocks fell for a fifth day, with the S&P 500 touching the lowest level since May and the...
Keeps central bank on track for gradual interest-rate hikes Central-bank chief calls recent wage increases ‘quite welcome’ Federal Reserve Chairman Jerome Powell welcomed recent increases in Americans’ wages while expressing confidence that low unemployment won’t spur a takeoff in prices...
On Sept. 24, 5,745 goods imported to the U.S. from China will be hit with a 10% tax. Unlike previous tariffs, many of these items are things that are directly sold to consumers instead of raw materials, like luggage and...
A slight majority of U.S. adults (52 percent) lived in middle-class households in 2016, according to a new report from Pew Research Center. That might seem like only a bare improvement from the previous reporting period in 2011, when the...
An old saying holds that markets are ruled by either greed or fear. Greed once governed cryptocurrencies. The price of Bitcoin, the best-known, rose from about $900 in December 2016 to $19,000 a year later. Recently, fear has been in...
The tea-leaves may be turning again for Bitcoin. Chart patterns and measures of momentum are hinting at support just as the latest swoon by the largest cryptocurrency heightens apprehension among speculators and true-believers. Technical indicators may be well suited to...
Shares of online home sales site Zillow were down more than 16 percent by the close on Tuesday, marking the company's worst day in nearly seven years. Closing at $49.40 per share, the stock recovered some of its losses from...
Since 1975, when the first retail investment fund that aimed simply to mimic a stockmarket index was launched by Vanguard, such “passive” funds have squeezed margins and profits right across the asset-management industry. On August 1st that trend reached its...
Chinese peer-to-peer protests are setting a political trap for regulators. Beijing police on Monday stopped irate investors from converging on the head office of China’s banking regulator to demand compensation for losses from collapsed P2P lenders. Officials are partly responsible...
It’s an interesting time in the U.S. economy. We’re experiencing a nine-year-long expansion with robust GDP growth, while a trade war is brewing between the U.S. and its major trade partners. So how important is trade to the U.S. economy,...
It's universally acknowledged that San Francisco is expensive — but are its rents the most expensive in the world? Yes — according to a new study from financial advice site Walletwyse. The study took crowd-sourced data from Numbeo, a site...
President Trump thinks a new tax on imported cars will boost American auto production and bring back thousands of jobs. He’s about the only one. As the Trump administration readies a report on imported cars that could be the pretext...
