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Market News

Location American Market News for 11 February 2020

Chinese Manufacturers Called for Icing

Wall Street Journal - 11 Feb 2020 20:54
As many companies try to gauge the coronavirus's effect on the global economy, one of the first impacts is being felt in the world of sports: Players are running out of hockey sticks.
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Fed Opens Door To More Interest Rates Cuts On Coronavirus Effects The Fed could cut rates again if the economic hit from the coronavirus proves more prolonged.
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Carla DiBello has a close relationship with its chief and little formal finance training. She has been helping foreign companies gain access to top Saudi officials, and her role is frustrating some within the fund, which...
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A 1-Click Way To Get 6% Dividends From Amazon It's a tired piece of "wisdom" you hear from personal-finance gurus over and over...
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Sprint, T-Mobile, ViacomCBS, XPO Logistics, Lyft, Hasbro are some of the companies with shares expected to trade actively in Tuesday's session.
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Warren Buffett Has Started The Biggest Energy Revolution Warren Buffett struck a historic deal marking the beginning of the biggest disruption in energy since the First Industrial Revolution.
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U.S. Treasury Yields on Track to End Three-Day Slide

Wall Street Journal - 11 Feb 2020 23:39
Government-bond yields rose as concerns around the coronavirus abated, stocks climbed and Fed Chairman Jerome Powell said the central bank is monitoring the potential global economic disruptions from the epidemic.
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Small-Cap Health Stocks Stand Out in 2020

Wall Street Journal - 11 Feb 2020 23:27
Neither small-caps nor health-care stocks have been particularly hot this year, but small-cap health-care stocks are making a run.
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Dead Tree Industry: New York Times, Google, And Hedge Fund Harvesters The New York Times is winning the digital subscription game and its shares are up 26% in the last year. Expect upside surprise.
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Wells Fargo is overhauling its reporting lines, Chief Executive Charles Scharf's first move to stamp out the structure implicated in its fake-account scandal.
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"We think it's reasonable to expect industry-wide delays in terms of delivery around the world -- including potentially missed shipment[s] and service windows," CEO Patrik Frisk says.
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Coronavirus Is Now Expected To Curb Global Economic Growth By 0.3% In 2020 Even if the coronavirus mostly impacts first quarter GDP, that will still lower overall global economic growth in 2020.
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Bitcoin Spikes To Fresh 2020 High

Forbes - 11 Feb 2020 20:27
Bitcoin Spikes To Fresh 2020 High Bitcoin just climbed to its highest in more than four months. How long will this upward trend continue?
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Gold Edges Lower With Investors Eyeing Economic Data

Wall Street Journal - 11 Feb 2020 19:45
Gold prices fell Tuesday, staying below a recent peak hit in late January with some analysts expecting confidence in the U.S. economy to limit demand for the safe-haven metal.
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Cruise Lines Will Get Decked by Virus Fears

Wall Street Journal - 11 Feb 2020 19:35
Although they have sold off sharply on news of sickened passengers and quarantined ships, the coronavirus outbreak may take a more lasting toll on cruise-line operators Carnival, Royal Caribbean and Norwegian than prior ...
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Why I'd Rather Buy This Low-Cost Dividend Growth Stock Than Other Big Yields This income star could make stock pickers a fortune during this new decade.
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China's Electric Car Market Continues To Plunge As Tesla Launches The Locally-Made Model 3 Against this backdrop, the Chinese electric car (BEV) industry appears to have extended its massive slump that first manifested itself after government subsidies on BEV purchases were halved in July 2019.
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Mint Globetrotter Index: Take a trip to Athens

livemint.com - 11 Feb 2020 19:12
The Mint Globetrotter index compares the cost of 25 essential travel spends for 50 cities across regions.Here, Mint Money will list these 25 spends for a city and compare it with Delhi
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Tax on your gold and real estate investments

livemint.com - 11 Feb 2020 19:04
Over the past few years, returns from real estate have been poor to negative. On the other hand, gold does not give attractive returns in the long term and has high transaction cost.Here is a look at the taxes that apply...
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What are 7.75% savings (taxable) bonds?

livemint.com - 11 Feb 2020 18:55
The face value of one bond is ₹100 and you need to buy at least 10 bonds at a time; there is no upper limit.The bonds, which have a maturity period of seven years, provide a return of 7.75% per annum
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Why Your Expensive Mercedes-Benz Is Barely Profitable

Wall Street Journal - 11 Feb 2020 18:49
Like Ford in the U.S., Daimler has a great brand--Mercedes-Benz--on which it makes puzzlingly little profit. The company's turnaround has barely begun, but it might just be worth betting on.
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Customers onboarded by intermediaries (points of presence or PoPs such as banks that facilitate UPI payments) have to pay a minimum transaction charge of ₹10 on ₹2,000
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