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Market News

Location American Market News for 10 July 2021

Rich Americans Borrow to Live Off Their Paper Wealth

Wall Street Journal - 10 Jul 2021 11:33
The wealthy are borrowing more than ever, using low-interest loans backed by their investments in a strategy known as "buy, borrow, die."
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Opportunity Ahead? A Week Of Negatives Increases Probability Of Stock Market Correction Four negative issues are creating uncertainties that could lessen investor optimism
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Biden Cancels $55 Million Of Student Loans

Forbes - 10 Jul 2021 01:01
Biden Cancels $55 Million Of Student Loans Do you qualify for student loan cancellation?
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The 12% Portfolio: 5 Stocks With Gargantuan Yields Believe it or not, in today's "no yield" world, there are still 845 stocks that boast dividend yields of 3%. And 34 that pay more than 10%!
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Hedge funds were battered by the surge of stocks such as GameStop and AMC in January, and they are still struggling to recover.
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Biden May Extend Student Loan Relief Beyond September 30, Even If Unemployment Benefits And Eviction Moratorium Will End Student loan payments may be delayed beyond September 30.
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Find out which lender offers the best rate for gold loans The interest on gold loans varies, ranging between 7% and 29%. Banks offer loans at lower interest rates than non-banking financial companies
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After languishing for months, the group has staged a resurgence with several tech behemoths hitting records in recent sessions.
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Can I keep my EPF account operational and earn interest post-retirement? An EPF account becomes inoperative and does not earn further interest, once an employee retires from service, migrates abroad permanently or dies and does not apply for withdrawal of his accumulated balance within 36 mon...
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New ICICI Bank ATM cash withdrawal, chequebook charges from next month. Details here ICICI Bank's revised charges will be applicable for domestic savings account holders including salary accounts
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