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Market News

Location American Market News for 15 April 2022
Krispy Kreme Doughnuts Is Running A Campaign To Combat Inflation Wondering what to invest in during inflation? Krispy Kreme doughnuts are one option. But Q.ai also offers inflation investments that can protect your portfolio.
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Your $700 Online Side Hustle? Now the IRS Knows.

Wall Street Journal - 15 Apr 2022 11:30
A new law means online platforms will have to file a 1099-K for people earning more than $600
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How to Boost Your Tax Refund With a Guaranteed Great Return

Wall Street Journal - 15 Apr 2022 11:30
With interest rates on I Bonds set to approach 10%, taxpayers can use their tax refunds to buy more than the normal $10,000 limit.
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The Lazarus Group has allegedly stolen nearly $2 billion of crypto since 2017.
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The Ins And Outs Of NFTs

Forbes - 15 Apr 2022 21:33
The Ins And Outs Of NFTs I thought it would be valuable for us to try and learn from some of the companies that have had successful initial forays into digital assets, most specifically the NFT arena.
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Visa, Mastercard Fees to Hurt Consumers, Sen. Dick Durbin Says

Wall Street Journal - 15 Apr 2022 20:53
Sen. Dick Durbin and other lawmakers said the planned card fee increases would ultimately trickle down to shoppers who are already struggling with runaway inflation.
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Twitter Board Adopts Poison Pill To Fend Off Elon Musk's Takeover Bid The move comes a day after Musk's unsolicited $43 billion offer to buy the company.
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Some Analysts Downgrade Twitter Stock Amid 'Full Blown Elon Circus' Uncertainty around Musk's offer to buy Twitter is a "downside risk," according to experts.
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The Stock Market's Future Ain't What It Used to Be

Wall Street Journal - 15 Apr 2022 17:49
In recent years, investors often got rewarded for taking reckless risks, but in unforgiving markets, it's harder to recover from mistakes.
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ICICI Bank hikes FD interest rates; Check latest rates here With effect from April 14, ICICI Bank offers a 4.25% interest rate on 1 year to 389 days and 390 days to less than 15 months tenure compared to the previous 4.15%.
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Stock Markets Closed for Good Friday, Asian Indexes Fall

Wall Street Journal - 15 Apr 2022 16:47
The three major U.S. stock indexes fell this week as investors worried about persistent inflation, consumer spending and the prospects of an economic slowdown.
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Is The End Near For Tesla And Other Meme-Stocks? Despite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.
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Shipping Stocks Will Sink as U.S. Consumers, China Lose Ballast

Wall Street Journal - 15 Apr 2022 14:39
The container shipping industry is starting to slow down. U.S. consumers and Shanghai's Covid-19 lockdown are likely culprits.
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Big Tobacco Will Feel the Burn From Pricier Gas

Wall Street Journal - 15 Apr 2022 13:00
Costlier visits to the pump are starting to hurt U.S. cigarette sales. Major tobacco firms may have to tolerate market share losses to keep their investments in smoke-free products on track.
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Globalization Isn't Unraveling. It's Changing.

Wall Street Journal - 15 Apr 2022 11:30
The flow of trade, people and ideas among countries isn't inevitably headed toward decline following Russia's invasion of Ukraine. But it could be reshaped.
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Costly Jet Fuel Lashes Airlines and Passengers

Wall Street Journal - 15 Apr 2022 11:30
Air travel's recovery is challenged as jet fuel rises faster than gasoline.
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I want to sell my house in Canada and move to India. What are income tax rules? For purpose of taxation of an individual under the income tax laws, there are three residential categories of an Individual for tax purposes.
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Is TAN number required before registry of purchase of an NRI property? Since you are buying a property from a non-resident you are required to have a TAN number but only at the time of making payment of the tax deducted to the credit of the central government and not when you execute and re...
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Know income tax rules on leave encashment during service or switching job Some employers allow their employees to avail partial encashment of accumulated leave during continuance of their service
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