Crypto CEOs are quitting their jobs. Here because

Hi, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, a cryptocurrency journalist at MarketWatch. This week I will walk you through the latest and greatest in the world of digital assets. Over the past few weeks, CEOs of several major cryptocurrency companies have left their … Read more

Dow tumbles 600 points as the stock market sweeps away Wednesday’s rebound

US equities extended losses in afternoon trading Thursday after a series of economic data reinforced expectations that the Federal Reserve will continue to aggressively raise interest rates in an effort to keep inflation in check. How shares are traded The Dow Jones Industrial Average DJIA, -1.54% lost 614 points, or 2.1%, to 29,070. The S&P … Read more

Here is an easy way to teach your kids some complex financial lessons

During my teenage years, my mother handed me two blue books in worn passport format with the details of my deposit accounts. I had no idea what to do with it, but it didn’t matter, because the bills were empty anyway. Maybe for the best, because I’m pretty sure my possessions wouldn’t have a chance. … Read more

Here is an easy way to teach your kids some complex financial lessons

During my teenage years, my mother handed me two blue books in worn passport format with the details of my deposit accounts. I had no idea what to do with it, but it didn’t matter, because the bills were empty anyway. Maybe for the best, because I’m pretty sure my possessions wouldn’t have a chance. … Read more

UK bond market chaos disrupts Treasury debt auctions as volatility bleeds across borders

The chaos in the UK government bond market impacted global markets in several ways, but in the US it initially pushed Treasury bond yields up in solidarity, while increasing the cost at which the Treasury US has financed nearly $ 90 billion in debt. On Monday, an auction of $ 43 billion of 2-year Treasuries … Read more

UK bond yields plummet after the Bank of England stepped in to buy “whatever scale needed”

UK gilts yields fell from a 14-year high after the Bank of England said it would buy bonds at “whatever scale is needed” to restore orderly market conditions. The 10-year benchmark gilt yield TMBMKGB-10Y, 4.014%, moving in the opposite direction to prices, it fell 49 basis points to 4.03%, after falling at one point below … Read more

Fannie Mae launches a pilot program to include timely rent payments in credit reports. That’s why this could be a game changer for renters.

When tenants pay their rent on time, they largely fail to improve their credit scores, while homeowners reap the benefits of better credit by paying off the mortgage. That lopsided situation is starting to change in favor of renters. Fannie Mae FNMA, + 1.79%, The government-backed mortgage giant announced Tuesday that it is launching a … Read more

Fannie Mae launches a pilot program to include timely rent payments in credit reports. Because this could be a game changer for renters.

Tenants have long resented the fact that timely rent payments largely do not affect their credit scores, as homeowners can reap the benefits of better credit while paying their bills in the same way. mutual. Gradually, however, that lopsided reality is beginning to change in favor of renters. Fannie Mae FNMA, + 0.97%, The government-backed … Read more

Why a rising 10-year Treasury yield is disrupting financial markets as it approaches 4%

The 10-year Treasury yield, a vital benchmark that influences a wide range of consumer financing costs, is about to hit 4% for the first time in at least 12 years, a development that is starting to take hold in financial markets. The rate TMUBMUSD10Y, 3.986% It climbed to 3.988% on Tuesday, more than double from … Read more

7 Retirement Lessons to Help You Retire “Right”

The closer it gets, the more attention I get. “It”, in this case, is the pension. I’ll celebrate my 60th birthday in January. I’m not going to retire entirely, but I’m thinking about how to work less, travel more and prepare my finances for years to come. As I sketch my plans, I’m drawing not … Read more