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Market News

Location American Market News for 17 June 2022
For families with strong habits to curb spending, sticking to their strict household budget is the plan.
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How to Stand Up to a Bear Market

Wall Street Journal - 17 Jun 2022 16:45
Younger investors can treat this year's steep decline in stocks as a buying opportunity. Older investors may not be able to wait around for a recovery.
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Firm's founders say they still believe in the future of cryptocurrencies
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How Dangerous Is The Bear Market?

Forbes - 17 Jun 2022 20:40
How Dangerous Is The Bear Market? The bear market is here, but how long will it stay? Commonwealth CIO Brad McMillan looks at previous bear markets to help determine where we go from here.
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'Worst Fears Confirmed' As Fed 'Plays Dangerous Game' With Inflation And Rate Hikes Experts are worried the Fed's most aggressive tightening campaign in nearly three decades could "absolutely wreck" the economy and spark a recession.
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The Impact Of The Fed Rate Hike And What To Expect Next The Federal Reserve hiked its target federal funds rate by 0.75% on Wednesday. Here's what it means for the markets.
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Majority Of Americans Support Student Loan Cancellation Here's what you need to know -- and what it means for your student loans.
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Jana SFB hikes interest rates on fixed deposits: Check new rates here Jana Small Finance Bank (SFB), which is a DICGC-insured lender, has raised interest rates on fixed deposits of less than ₹2 crore. The bank made this announcement on June 15, 2022, and as a result of the modification, ...
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Is Restaurant Brands Stock A Buy At $49?

Forbes - 17 Jun 2022 17:00
Is Restaurant Brands Stock A Buy At $49? After a 16% decline over the last six months, at the current price of around $49 per share, we believe Restaurant Brands International Inc. stock (NYSE: QSR), one of the largest fast-food restaurant chains in the world, ...
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What's Behind Enphase Energy Stock's Almost 40x Rise Since Late 2018? Enphase Energy Inc. (NASDAQ: ENPH) stock price gained a staggering 40x from $4.73 at 2018 end to almost $190 currently, primarily due to favorable changes in its P/S multiple.
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All Cap Index & Sectors: Price To Economic Book Value Looks Cheaper Through 5/16/22, But Downside Risks Loom The trailing PEBV ratio for the NC 2000 fell from 1.7 on 6/30/21 to 1.2 on 5/16/22 and is at its second lowest level since June 30, 2016.
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Axis Bank hikes interest rates on fixed deposits of 1 to 5 years: Check details Axis Bank, a private sector lender, has raised interest rates on fixed deposits of less than ₹2 crore.
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Why Has Clorox Stock Underperformed The S&P Since Late 2020? Clorox (NYSE: CLX) stock price lost 39% from $202 at 2020 end to around $123 currently, primarily due to unfavorable changes in its P/S multiple.
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What's Next For Diageo Stock After A 10% Fall In A Month? Diageo stock (NYSE: DEO) has fallen 10% in a month, while it's down 22% year-to-date.
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Santander Picks Insider as Next CEO

Wall Street Journal - 17 Jun 2022 13:51
The Spanish bank named its head of Mexico and North America operations as its new chief executive, as it braces for a period of economic uncertainty.
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Bank of Maharashtra hikes interest rates on fixed deposits: Details inside Bank of Maharashtra has raised interest rates on fixed deposits of less than ₹2 crore. According to the bank's official website, the new rates are in force from June 13, 2022.
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Drug Pricing Debate in Washington Is a Headache for Pharma

Wall Street Journal - 17 Jun 2022 13:00
A last-ditch effort by Democrats to pass a slimmed-down version of Build Back Better could include measures on drug pricing, putting pressure on the pharma sector.
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Will Economic Headwinds Hurt Hyatt's Solid Run? Hyatt Hotels is seeing a strong recovery in its business, as leisure travel picks up with a vengeance following close to two years of Covid-19 pandemic restrictions.
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HDFC Bank hikes interest rates on fixed deposits w.e.f. 17th June 2022 HDFC Bank, the country's largest private sector lender, raised interest rates on fixed deposits of less than ₹2 crore today.
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HDFC Bank hikes FD interest rates twice in a week. Check rates here HDFC Bank, the country's largest private sector lender, raised interest rates on fixed deposits of less than ₹2 crore today.
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Union Bank Of India revises savings account, FD rates. Here's what you will earn on your investment The FD rates are applicable for deposits below ₹2 crore offering a maximum 5.8% interest rate, while the savings balance has the highest rate of 3.55%.
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Walmart-Amazon Battle Royale Heats Up in India

Wall Street Journal - 17 Jun 2022 12:23
Walmart-owned Flipkart's rapid expansion in the world's second-most-populous nation looks firmly pointed at Amazon ahead of a possible IPO next year.
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