Robinhood tempts savers with 3% interest on checking accounts — should consumers hand over their cash?

Robinhood is no longer just a digital trading platform for stocks and other investments. The Menlo Park, Calif.-based company announced Thursday that it is rolling out a new product called Robinhood Checking & Savings. Designed to be competitive with the offerings from online banks and other investment companies, the accounts will earn 3% interest on […]

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Market Extra: Frustrated traders say stock-market swings show ‘neither bulls nor bears’ are in charge

Another rally, another close well off the highs. The stock market’s inability to hold big opening gains — or big opening losses — is leaving some traders a bit frustrated. The S&P 500 SPX, -0.08%  opened sharply higher Wednesday as stock markets charged out of the gate, ostensibly on optimism tied to more feel-good headlines […]

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The Wall Street Journal: Trump aides warn against intervening in Huawei case

Getty Images US President Donald Trump (2-R) US Secretary of the Treasury Steven Mnuchin (R) and members of their delegation hold a dinner meeting with China’s President Xi Jinping (3-L) and Chinese government representatives, at the end of the G20 Leaders’ Summit in Buenos Aires. Despite President Trump’s statement that he might intervene in a […]

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Follow this company to profit from hemp, not marijuana, becoming legal

(Adds that the farm bill was passed Wednesday.) In the U.S., marijuana is still federally illegal. However, its cousin hemp is due to become legal at the federal level based on the farm bill that was passed by Congress on Wednesday. For investors, the key question is how to profit from hemp becoming legal. When […]

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Metals Stocks: Gold edges lower, while record-breaking palladium hogs the spotlight

Gold futures drifted lower Thursday, but metals traders remained focused on palladium a day after the industrial metal notched another record close. Gold futures for February delivery GCG9, -0.21%  were off $3.60, or 0.3%, to $1,246.40 an ounce, while March silver SIH9, -0.31%  declined 5 cents, or 0.3%, to $14.80 an ounce. March palladium PAH9, […]

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OPEC output jumped last month, even as production cuts loom: IEA

Record pumping from Saudi Arabia lifted overall OPEC oil production in November, a bump in output that comes even as the group’s plan to impose production curbs next month has helped to put a floor under crude prices, the International Energy Agency said Thursday. In its closely watched monthly oil market report, the IEA said […]

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Buy a $17K replica of Wall Street’s charging bull that once belonged to a convicted CEO

Ever considered buying a high-priced replica of the iconic charging bull statue near Wall Street? What about gifting a gold Rolling Stones tongue pendant, or an American flag bracelet studded with diamonds for your loved one this season? Just ahead of Christmas, these items and more will be up for sale at an auction Friday […]

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Trump administration skips annual report on student-loan borrower complaints

The plight of student-loan borrowers could get a little less attention this year. The Consumer Financial Protection Bureau failed to release an annual analysis of borrowers’ top complaints for the first time since the agency started investigating student-loan complaints in 2012. The CFPB is required by statute to submit the report on the same day […]

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Market Extra: ECB will say goodbye to quantitative easing, but when will it hike rates?

The European Central Bank is fully expected on Thursday to affirm its plan to end its bond-buying program at year-end. But investors expect less clarity when it comes to signaling when Mario Draghi and fellow policy makers will move to nudge up ultra-low interest rates. “We expect no new guidance on a first rate hike,” […]

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The Wall Street Journal: Canada says ex-diplomat Michael Spavor missing after being questioned in China

OTTAWA — Canada is aware of another case involving a Canadian man in China who faced questioning by Chinese authorities and whose whereabouts are unknown at this time, the country’s foreign minister said Wednesday. Foreign Minister Chrystia Freeland revealed these details at a news conference in the nation’s capital, where she and government officials offered […]

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