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Market News

Location American Market News for 7 August 2021

Say Goodbye to the 1% Investment-Adviser Fee?

Wall Street Journal - 7 Aug 2021 16:00
Investors who don't want to pay the traditional 1% of assets for financial advice have an increasing number of alternatives.
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United Airlines, Square, Spirit: Stocks That Defined the Week

Wall Street Journal - 7 Aug 2021 00:58
United Airlines, Square Inc. and Spirit Airlines were three of the companies whose stocks moved on news this past week.
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5 Monthly Dividend Payers You've Never Heard Of These five obscure monthly dividend picks currently provide a full 7% in annual income--currently more than five times the broader market!
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Monthly Monitor: The favorite word for CEOs these days is "inflation"--it is dotting most earnings reports.
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Cigarette Companies Are Caught Between Death and Taxes

Wall Street Journal - 7 Aug 2021 16:00
Tobacco giants such as Philip Morris are counting on sales of noncombustible products to replace carcinogenic smokes. Government duties will influence how quickly that happens.
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After Biden Extends Student Loan Payments, Democrats Focus Next On Student Loan Cancellation The unexpected happened yesterday, and student loan cancellation could be next.
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The conglomerate reported operating earnings of $6.686 billion, up 21% from $5.513 billion a year ago,
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Stocks Are Pricey. Here's A 6% Dividend To Protect Your Portfolio To get to the real truth of whether an investment is worth buying, we need to go deeper.
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Warren Buffett's conglomerate reported second-quarter net earnings of $28.1 billion.
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Is PF accumulation taxable post-withdrawal?

livemint.com - 7 Aug 2021 10:56
Is PF accumulation taxable post-withdrawal? The accumulated PF balance due and payable to the employee that is balance to his credit on the date of cessation of his employment, is exempt from tax if he has rendered continuous service for a period of five years or ...
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Shift to less risky mutual funds when markets become pricey To cushion the impact of a market fall you can reallocate some of your portfolio to less volatile investment classes such as hybrid funds, debt funds, or even gold
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Does group insurance cover pre-existing diseases?

livemint.com - 7 Aug 2021 07:48
Does group insurance cover pre-existing diseases? Group health insurance policies cover pre-existing diseases or PEDs since, in this case, a company is buying the policy and not an individual; there is a lower risk of fraud, so PEDs are included
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Income tax return: Who should file ITR for FY 2020-21? One has to file an ITR in case aggregate of all his income exceeds the basic exemption limit
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