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Market News

Location American Market News for 7 May 2022
Saudi Arabia's sovereign-wealth fund committed $2 billion to Jared Kushner's Affinity Partners, agreeing to allow investment in Israeli firms for the first time.
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Soaring Demand for Palm Oil Puts Rainforests at Risk Again

Wall Street Journal - 7 May 2022 14:03
So far, high prices haven't dented years of progress against deforestation.
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The new regulation would affect accounts inherited after 2019.
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These four private banks offer inflation-beating rate on FDs to senior citizens. Check list Four private banks offer inflation-beating rates on fixed deposits. The latest Consumer Price Index (CPI) inflation rate is at 6.95% in March. These four banks offer a 7% interest rate to senior citizens on their FDs bel...
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Why It's Harder to Reduce Volatility in a Stock Portfolio

Wall Street Journal - 7 May 2022 19:00
Adding more stocks can get you a reduction. But not to the level that it used to.
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A new study suggests that companies with relatively high trademark filings earn higher future profits
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EU Considers Insurance Ban for Ships Carrying Russian Oil

Wall Street Journal - 7 May 2022 17:00
EU officials have proposed a ban on insuring ships that carry Russian oil, a move aimed at blocking Russia's access to global oil markets and the revenue that has fueled its invasion of Ukraine.
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These 7%+ Dividends Are Built For A Recession At times like this, our closed-end fund (CEF) dividends are a key tool to help see us through.
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If Biden Doesn't Enact Student Loan Cancellation, Here Are 5 Reasons Why 5 reasons why Biden may not cancel student loans.
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How long does it take to execute a relinquishment deed? Depending on the state where the property is situated and the preparation of the release deed, it may take approximately five to seven days for the registration to be completed
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George Kaiser's Bank Drills Deeper Into the Oil Patch

Wall Street Journal - 7 May 2022 11:30
Banks all over the U.S. and around the world have curtailed lending to the U.S. oil-and-gas sector. BOK Financial has doubled down.
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New income tax regime: Does the option of lower tax rates work for you? As far as salaried are concerned they are not entitled to avail major benefits like Standard Deduction, House Rent Allowance, Leave Travel Assistance etc. in case they opt for the new tax regime.
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Income tax calculator: How gold sellers can save LTCG tax on wealth gain Income tax calculator: One can claim tax exemption under Section 54F, if it has bought a new residential property one year before the sale of the capital asset
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The deal, which still requires U.K. government approval, attracted a who's who of American bidders seeking to acquire the marquee sports brand from Russian oligarch Roman Abramovich.
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Marriott, Twitter, Peloton: Stocks That Defined the Week

Wall Street Journal - 7 May 2022 00:02
Here are seven major companies whose stocks moved on the week's news.
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