10 Best Online Banks of 2018
Online banking often provides the best high-yield savings rates.
China says diversifying FX reserves, warns report on U.S. bonds may be ‘fake’
China is diversifying its foreign exchange reserves in order to safeguard their value, the country's currency regulator said on Thursday, while dismissing a media report the government is halting or reducing its purchases of U.S. debt. Bloomberg News reported on Wednesday that Chinese officials reviewing the country's vast foreign exchange holdings had recommended slowing or halting purchases of U.S. Treasury bonds amid a less attractive market for them and rising U.S.-China trade tensions. The report sent U.S. Treasury yields to 10-month highs and the dollar lower.
China says protectionist sentiment rising in U.S. as deals fall apart
China said on Thursday protectionist sentiment is rising in the United States and criticised Washington for blocking a high-profile Chinese takeover of a U.S. financial firm on security grounds. Ant Financial's planned $1.2 billion purchase of transfer firm MoneyGram International Inc collapsed last week after a U.S. government panel rejected the deal over national security concerns. It was the most high-profile Chinese deal to be torpedoed since Donald Trump was elected U.S. president a year ago on promises to put America first and protect U.S. jobs from foreign competitors.
The Rite Aid Corporation Stock Rebound Is Brewing up Quite Nicely
A couple of weeks ago, I suggested Rite Aid Corporation (NYSE:RAD) shares were hinting at a rebound rally that was, amazingly enough, worth a shot. The company had been beleaguered for months as the intended deal with Walgreens Boots Alliance Inc (NASDAQ:WBA) unraveled far longer than expected to complete, and ended up being much smaller than planned.
What Happens if I File for Social Security After Age 70?
The short answer: You'll lose out -- bigtime.
Bitcoin And Ripple Plunge As South Korea Moves To Ban Crypto Trading (BTC)
From Tyler Durden: Update: Reuters is now piggybacking on the previous report from Bloomberg, with the news that South Korea's justice ministry said on Thursday it was preparing a bill to ban cryptocurrency trading through its exchanges. “There are great concerns regarding virtual… Read more ›
