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Market News

Location American Market News for 14 September 2019

Saudi Oil Attack: This Is the Big One

Wall Street Journal - 14 Sep 2019 19:02
The implications of the drone attack on Saudi Arabia's Abqaiq oil-processing facility may be substantial in both the short and the long run for the region and the global economy.
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Value's Rebounding, But Don't Get Your Hopes Up

Wall Street Journal - 14 Sep 2019 14:03
This week has seen the biggest swing from momentum stocks to cheap value stocks since the 2008 bank bailouts. But it isn't likely to last.
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FD rates vary across banks so it's always better to compare the interest rates on offer before your decide to invest in these deposits.All the top lenders are revising FD rates after RBI reduced repo rate for the fourth ...
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3 Perfect Retirement Dividends (With Growth Up To 170%) Where are you going to find meaningful income to get you through retirement?
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Opioid Relief Rally Is Likely to Stall

Wall Street Journal - 14 Sep 2019 16:00
Momentum in settlement talks to resolve opioid litigation has spurred a stock market rally, but the danger for investors is far from over.
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China's PBC Is Warming Up To Digital Currencies -- Good News For Bitcoin, ETH, XRP, and LTC Cryptocurrency experts see PBC's efforts to introduce its own digital currency as a recognition of the many advantages cryptocurrencies have over traditional currencies
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No One Wants to Hire the Fired Wells Fargo Branch Staffers

Wall Street Journal - 14 Sep 2019 11:30
Wells Fargo & Co. fired thousands of branch employees as it tried to deal with millions of potentially fake accounts--and now many of those former workers say they are effectively blacklisted from the banking industry.
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Considering the dynamic nature of the goal, it's prudent to plan your kid's education wisely.According to NSSO - between 2008 and 2014, the average annual cost of education surged by 175%
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It is mandatory to link PAN card with Aadhaar card.By not linking the two you run the risk of your PAN card being declared invalid
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Maintenance of average monthly balance charges are different for metro, semi-urban and rural areas.The State Bank of India (SBI) is revising its service charges from 1st October 2019
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The Income Tax Act allows tax benefits for a loan taker for higher education when certain conditions are met.Tax benefits have been laid down under Section 80E of the Income Tax Act
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Stock Funds See Inflows as Growth Fears Abate

Wall Street Journal - 14 Sep 2019 00:42
Investors have jumped back into stock funds as trade tensions with China showed signs of easing, reversing a long stretch of outflows.
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