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Market News

Location American Market News for 7 July 2022
With Recession Fears Mounting, How Is Our Inflation Theme Doing? Our theme of Inflation stocks - which predominantly includes companies from the banking, insurance, consumer staples, and oil and gas sectors - has declined by about 8% over the last month, marginally underperforming the...
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This Landmark Law Aims To End Crypto As We Know It In 2023 As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, And Dogecoin Rebound If this regulation becomes the global standard, it will defeat the original promise of crypto. Meanwhile, the price of bitcoin, ethereum, BNB, XRP, solana, cardano, and dogecoin rebound.
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Top 15 health plans

livemint.com - 7 Jul 2022 22:30
Top 15 health plans Check out health plans for different age groups
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Does Anyone Want To Buy Robinhood?

Forbes - 7 Jul 2022 21:44
Does Anyone Want To Buy Robinhood? In under a year, retail brokerage juggernaut Robinhood has lost more than $50 billion in market capitalization. Are its languishing shares a bargain for potential acquirers?
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Millennials were optimistic about their financial future--but now, not so much Many of us haven't faced the prospects of a prolonged market slump, combined with inflation and recession
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Why this native of Mumbai had to change his financial plans midway Hemant Shamrao More realized that all his savings and traditional investments weren't helping him retire early
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GameStop Is Splitting Its Stock, And Stocks That Do That Usually Outperform GameStop is doing a four-for-one stock split, mimicking a trend that's become more popular over recent years. This begs an important question: Should investors view stock splits as a bullish catalyst?
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How to reduce tax liability by offsetting losses

livemint.com - 7 Jul 2022 19:52
How to reduce tax liability by offsetting losses Long-term capital losses can only be set off against long-term capital gains
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How is LTCG tabulated on sale of house?

livemint.com - 7 Jul 2022 19:46
How is LTCG tabulated on sale of house? LTCG income is taxed at a flat rate of 20% plus applicable surcharge (restricted to 15% on LTCG) and education cess
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Crypto Winter Watch: All The Big Layoffs, Record Withdrawals And Bankruptcies Sparked By The $2 Trillion Crash Embattled crypto lender Voyager Digital filed for bankruptcy this week and became the latest casualty of a bear market that will continue to leave a path of destruction in the digital currency sector.
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This week, when Voyager Digital tumbled into bankruptcy, customers learned they didn't exactly have the protection they expected.
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Stuart Kirk, Climate Investing Critic, Resigns From HSBC

Wall Street Journal - 7 Jul 2022 17:39
The former head of responsible investment and research at HSBC Asset Management sparked a debate on the value of ESG investing.
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2Q22 Earnings: Where Street Estimates Are Too Low & Who Should Beat Five S&P 500 companies with understated Street estimates likely to beat 2Q22 earnings.
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Should You Buy, Sell, Or Hold FedEx Stock At $230? After an 11% fall year-to-date, at the current levels, we believe FedEx stock (NYSE: FDX) is undervalued.
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Should Amazon And GrubHub's Deal Make DoorDash Nervous? Amazon Prime members will receive free GrubHub memberships as part of a new deal with GrubHub's parent company, JustEat Takeaway.com.
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Rivian Stock Is 86% Below Peak -- Its 25,000 EV Target Falls Short In March, Rivian had $16.4 billion in cash from its IPO. After burning through $1.4 billion in Q1, can it solve its production problems?
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SBI Card partners with Aditya Birla Finance for 'Aditya Birla SBI Card' The credit card has been launched in two variants - 'Aditya Birla SBI Card SELECT' and 'Aditya Birla SBI Card', on the Visa platform
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Mosaic Stock Lost 9% In One Week, What To Expect? The Mosaic Company is one of the leading producers and marketers of concentrated phosphate and potash crop nutrients.
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What's Happening With Ford Stock?

Forbes - 7 Jul 2022 14:45
What's Happening With Ford Stock? Firstly, the semiconductor and component supply issues following the Covid-19 reopening have hurt Ford's overall deliveries in recent quarters, while also putting pressure on its costs.
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Education Department Announces Major Changes To Student Loan Forgiveness Biden keeps promise to cancel more student loans.
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Crypto Tumult Highlights Lack of Investor Protections

Wall Street Journal - 7 Jul 2022 14:00
Cryptocurrency investors are learning that there is no government safety net to protect them when their funds seemingly disappear with a trading and lending platform that has failed.
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Get Bigger Tax Deduction for Miles You Drive for Work

Wall Street Journal - 7 Jul 2022 14:00
The IRS raised the standard mileage rate for the self-employed to 62.5 cents on July 1, but it is possible to get an even better break.
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