The numbers: The index of pending home sales dropped 1.7% in October from the previous month, the National Association of Realtors reported Wednesday. The decline comes after both August and September saw upticks in pending sales thanks largely to the favorable mortgage rate environment. The index captures transactions...
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Hindsight bias might be causing you to pick the wrong mutual fund manager. Hindsight bias is at work when, after something has come to pass, we exaggerate the confidence we had in advance that things would turn out this way. Nobel laureates Daniel Kahneman of Princeton and the...
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President Donald Trump on Monday tweeted that he was bringing back tariffs on Brazilian and Argentina steel as a key deadline for imposing more levies on China approaches. “Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers....
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When Kristin Morrison was in her mid-20s, she had no idea what she wanted to do with her life. It was the mid-1990s. She had no career and no direction. She was living in Tiburon, Calif., just over the Golden Gate Bridge from San Francisco, taking classes and trying...
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WARSAW, Poland (AP) — Amazon said Monday it has removed “Christmas ornaments” and other merchandise bearing the images of Auschwitz that had been available on its online site. Amazon AMZN, +0.38% said in a statement that “all sellers must follow our selling guidelines” and that those who...
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BEIJING (AP) — China reacted furiously Thursday to President Donald Trump’s signing two bills aimed at supporting human rights in Hong Kong, summoning the U.S. ambassador to protest and warning the move would undermine cooperation with Washington. Hong Kong, a former British colony that was granted semi-autonomy when...
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The Securities and Exchange Commission appears to be keeping a close eye on Tesla Inc.’s accounting after a very public battle with its chief executive. The SEC has previously had run-ins with Tesla TSLA, +0.72% Chief Executive Elon Musk, but those fights have largely focused on Musk’s...
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Bitcoin fell below the $7,000 mark on Sunday for the first time since May. The price of bitcoin BTCUSD, -0.93% was last around $6,850, according to Coindesk, after slumping about 24% over the past month. In June, the leading cryprocurrency topped $9,000 for the first time in...
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Gold futures rebounded modestly on Tuesday, as investors kept a close eye on consumer confidence and on U.S.-China trade talks. Gold for December delivery GCZ19, -0.08% on Comex gained $3.40, or 0.2%, to settle at $1,460.30 an ounce, after opening largely flat, while December silver SIZ19, -0.21% edged 15...
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Of all the questions people ask me, none is more frequent than some variation of this: How can I make sure I have enough money when I’m retired? Some people ask it while they’re working and building their savings. Others are already retired and wondering how to stretch...
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