This D.C. lawyer is suing his former girlfriend for the return of a $100,000 engagement ring

You can’t put a price on love, but you can put a price on a breakup: $100,000. Ryan Strasser, an associate with Troutman Sanders law firm in Washington, D.C., filed a lawsuit this week in the U.S. District Court in D.C. against his former fiancée, Sarah Jones Dickens, asking for the return of a 4.06-carat, […]

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In One Chart: Why stock investors should be wary of consumer confidence at an 18-year high

U.S. consumers are feeling very good about the economy, but history suggests that may ultimately lead to investor disappointment. Multiple reads of confidence have come in extremely strong lately, and while many view this as an optimistic sign for spending and demand, many market watchers also see it as a contrarian signal, one that suggests […]

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Economic Report: Home-price gains decelerate to 11-month low as housing market tries for a soft landing

Getty Images/iStockphoto Beautifully restored old craftsman style home. The numbers: The S&P CoreLogic Case-Shiller 20-city index rose 0.1%, seasonally adjusted, in July, and was up 5.9% compared with a year ago. What happened: Home-price gains were weaker in the three-month period ending in July than in the prior month. The Case-Shiller national index rose a […]

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CryptoWatch: Crypto prices slump putting a mid-September rally at risk

Cryptocurrency prices were extending losses Tuesday, jeopardizing a recent resurgence. Bitcoin, which popped above $6,800 last week, is looking at back-to-back losses. The 48-hour selloff in the world’s largest digital currency has eroded more than half of the Sept. 19 to Sept. 22 rally. In Tuesday trading a single bitcoin See Also Big in China: […]

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The Wall Street Journal: Stock market’s latest rally has been fueled by health-care shares as tech slumps

Health-care stocks have emerged as market leaders in the third quarter, helping push major U.S. indexes to new highs. One reason: money managers are embracing the sector as a safety play, particularly after big technology stocks stumbled in September. The S&P 500’s See Also Why Democrats Might Feel Good About the Midterms × SPX, -0.35% […]

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The Tell: Morgan Stanley upgrades emerging-market currencies as U.S. stocks outperform

Strategists at Morgan Stanley on Monday raised their rating on emerging-market currencies and bonds to neutral from negative, in part because they viewed global risks as more moderate than earlier projections. “We think this remains a difficult world for EM but we’ve likely adjusted enough for now. Most investors expect trade issues to escalate and […]

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The Tell: Analyst warns of ‘Jenga top’ for ‘top-heavy’ stock market

The U.S. stock market isn’t far from records, but recent trading activity could have set the S&P 500 up for a steep decline if it falls below a key point. According to John Kosar, chief market strategist at Asbury Research, the S&P 500 sits just 1% above a level that, if breached, could trigger a […]

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The are two paths for the S&P 500, according to Elliott Wave theory

As the U.S. stock market continues to grind higher, and we are within a stone’s throw of our minimum targets to complete a now-eight-year trend, I think the market can finally clear up the path to completion this week. There are two paths I am currently tracking to get to the 3,000-point region next on […]

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Encore: New bill proposes auto-enrolling workers in short-term savings plans

An unusual flurry of activity in Congress is aimed at helping Americans save for retirement. The Retirement Enhancement and Savings Act (RESA), jointly sponsored by Senators Orrin Hatch (R-Utah) and Ron Wyden (D-Oregon), has received the most publicity. This legislation, among other things, would: 1) make it easier for small businesses to use multiple-employer plans […]

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Mark Hulbert: For retirees, commission-free trading is no reason to celebrate

Zero brokerage commissions are the latest Siren Song to tempt retirees into dangerous behavior. Like Ulysses of Greek myth, retirees need to tie themselves to the masts of their ships to avoid these Sirens. I’m referring to J.P. Morgan’s JPM, -0.28%  recent decision to give clients at least 100 free stock trades and, in some […]

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