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Market News

Location American Market News for 9 August 2014

Lake Tahoe Property Sells for $1.6 Million in Bitcoins

Wall Street Journal - 9 Aug 2014 03:36
A 1.4-acre property in Lake Tahoe sold on Thursday for $1.6 million in bitcoins, joining a handful of other real-estate transactions that used the virtual currency.
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Three Reasons to Sell

Forbes - 9 Aug 2014 21:07
Three Reasons to Sell The often choppy summer months and the thick of earnings season are often a tough time for investors and traders. They struggle to decide whether to take any action before their stocks report earnings. Deciding when to s...
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WASHINGTON
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WASHINGTON
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Emerging-market stocks decline with currencies on Iraq tension Equity gauges in Malaysia, Philippines and India sank at least by 1%, while the rupee weakened to a five- month low versus the dollar
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Gold tumbles by Rs340 on fall in demand, global cues Gold of 99.9 and 99.5% purity plunged by Rs340 each to Rs28,760 and Rs28,560 per 10 grams, respectively
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Calling a Market Peak Is Only Half the Battle

Wall Street Journal - 9 Aug 2014 06:50
Hulbert on Investing: Investors who side-step a bear market often blow the timing of getting back into stocks.
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Taking Stock of Automated Financial Advisers

Wall Street Journal - 9 Aug 2014 05:34
These online services use computer programs to manage portfolios--and charge far less than traditional brokerages. Should investors bite?
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Europe's Youth Face Dim Future

Wall Street Journal - 9 Aug 2014 04:48
In Europe's weaker economies, many people in their 20s and 30s have little hope of achieving the careers, wealth and economic security enjoyed by their parents and are dependent on short-term contracts.
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Stock Bargains, Off the Beaten Path

Wall Street Journal - 9 Aug 2014 03:04
Wealth Effect: Many assets are pricey, but some pros say stocks in countries, including Russia, Japan and Peru, are worth a look.
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Following outcry from labor unions and consumer groups, the Obama administration announced late Friday that it will delay a controversial proposal to classify so-called "factoryless goods producers" as domestic manufactu...
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Your FICO Credit Score Could Get Way Better

IBTimes - 9 Aug 2014 02:31
Consumers can't improve their credit scores overnight. Starting this fall, however, the predictive analytics company FICO will give them a big boost by changing a calculation that could allow millions of Americans to tak...
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The Week Ahead: Are the Fear Levels Really That High? It has been an ugly couple of weeks for the stock market and, while the summer months are often difficult, the ballooning number of global hot spots has put even more pressure on stocks. The negative signals from the tec...
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