The chairman and CEO of Berkshire Hathaway Warren Buffett said Tuesday that passive investing works in any market environment and so he'd be willing to wager again against active investing for the next 10 years. A decade ago, the billionaire...
U.S. government debt yields fell on Tuesday as investors looked ahead to fresh economic data and a key Federal Reserve meeting. The yield on the benchmark 10-year Treasury notes, which moves inversely to its price, was lower at around 2.222...
The digital currency’s value depends on it becoming digital gold—or on criminals Behind every bubble is a good idea bursting to get out, and bitcoin kind of looks like a good idea, at least if you squint a bit. A...
Online banks are giving traditional banks a run for their money. Interest rates at online banks are as much as four times higher than bricks and mortar banks and credit unions, according to a survey released by DepositAccounts.com, a blog...
So you've made the move and upgraded to a new job, and likely more responsibility and a bigger paycheck. Congratulations — just don't forget about your 401(k) plan. You'll need to make a few retirement savings-boosting moves to ensure your 401(k)...
Bitcoin faces a pivotal moment as investors are about to receive an entirely new asset called Bitcoin Cash after the blockchain supporting the cryptocurrency is forced to split in two. "The creation of Bitcoin Cash is certainly a pivotal moment for...
Greece successfully sold debt to private investors for the first time in three years on Tuesday, making a significant first step towards financial independence when its third international bailout ends next year. The deal came a month after euro zone...
Policy makers repeated their support for gradual rate hikes ​A few expressed concern about high equity-price valuations A divided Federal Reserve policy committee couldn’t reach an agreement in June on the timing of when to begin shrinking its massive balance...
Virus attacks worst in Russia, Ukraine; spreads to U.S. Petya virus is similar to WannaCry; demands $300 ransom A new cyberattack similar to WannaCry is spreading from Europe to the U.S., hitting port operators in New York and Rotterdam, disrupting government systems...
Soft U.S. inflation data has raised uncertainty among investors about the Federal Reserve’s policy plans for the rest of the year. Fed Chair Janet Yellen and her colleagues have an opportunity this week to clarify the outlook. The Federal Open...
Industry took advantage of second-warmest period on record ​Gains helped by home improvements, boosting employment If you’re building or renovating a home in the U.S. these days, you’ve got plenty of company. Americans’ spending on residential construction projects — from...
Naysayers point to decline that followed steep climb in 2013 Dot-com bubble and tulip craze show past market corrections Bitcoin’s astronomical rally has cryptocurrency bulls feeling vindicated. Not so fast, skeptics say. The digital currency’s more than 100 percent surge in...
ANZ Group Asia research head warns of negative feedback loop Move to particularly hurt airlines, shipping companies The downgrade of China’s debt by Moody’s Investors Service may push Chinese companies to borrow even more money from domestic banks as overseas...
Costs up more than 20% in three states that have posted rates Doubts about mandate raise premiums, health insurers say Health insurers are asking for sharp increases in the cost of their Obamacare plans next year, thanks to instability in...
U.S. auto sales trailed estimates, with Kia Motors Corp. and Ford Motor Co. reporting some of the biggest declines, as heavy incentive spending failed to contain plunging demand for sedan and compact models. Carmakers’ shares fell. Combined deliveries for Kia...
