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Market News

Location American Market News for 28 July 2022

If You're Worried About the Economy, Here's What You Can Do

Wall Street Journal - 28 Jul 2022 17:52
There are some key actions to take from The Wall Street Journal's coverage of money and the job market.
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Teva Tries to Put an End to the Opioid Wars

Wall Street Journal - 28 Jul 2022 13:03
One of the world's largest generic drugmakers tries to get past a lengthy legal battle, but it is still struggling to find growth.
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'Massive Liquidations'--Big Money Is Dumping Crypto As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, Shiba Inu, And Dogecoin Recover The crypto market is battered by massive liquidations from institutional investors and corporates. Meanwhile, the price of bitcoin, ethereum, BNB, XRP, solana, cardano, luna, dogecoin, and shiba inu bounce back.
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Bitcoin Prices Extend Recent Gains After U.S. GDP Report Heightens Recession Fears Bitcoin prices pushed higher today, approaching $24,200 after U.S. government data showed the nation's economy contracted 0.9% during the second quarter, the second consecutive period of decline.
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Instacart Inc. expects to go public before year's end, according to people familiar with the matter, earlier than many on Wall Street had expected amid a frozen market for new listings.
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Will my current investments help me meet financial goals? It would be ideal if you could consolidate your portfolio with investments in one ELSS fund for tax savings like the HDFC Tax Saver Fund, and regular investments in schemes like the Mirae Emerging Bluechip Fund, Kotak Em...
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How much a house costs in Mumbai

livemint.com - 28 Jul 2022 20:11
How much a house costs in Mumbai With urban population increasing manifold, buying a house in a large city, which is where most jobs are likely to be, has become difficult--the main obstacle being cost
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Behind the buyer's remorse over IPOs

livemint.com - 28 Jul 2022 20:02
Behind the buyer's remorse over IPOs Investors seem to have fallen out of love with Zomato, Policybazaar, Nykaa, Paytm & even LIC
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Pharma Is Immune to a Recession, but Not to Washington

Wall Street Journal - 28 Jul 2022 19:50
One looming problem for the pharma industry is a surprise deal in Washington this week that could for the first time allow the government to negotiate drug prices.
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Bad Omen: More German Inflation Will Lead To Higher Borrowing Costs Europe's largest economy continues to have economic problems.
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Oil Refiners Won't Crack in a Recession

Wall Street Journal - 28 Jul 2022 19:09
Oil refiners are pulling in record profits today, but recession fears are muddying their outlook.
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Extend The Student Loan Payment Pause, 100 Lawmakers Tell Biden More than 100 members of Congress are urging President Joe Biden to extend the student loan payment pause. Here's what it means for you.
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Chevron Stock To Trade Higher Post Q2?

Forbes - 28 Jul 2022 18:15
Chevron Stock To Trade Higher Post Q2? Chevron Corporation (NYSE: CVX) is scheduled to announce its fiscal second-quarter results on Friday, July 29. We expect Chevron stock to likely trade higher due to better-than-expected Q2 results with revenue and earnin...
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A Recession Isn't Necessary for Investors to Feel Lousy

Wall Street Journal - 28 Jul 2022 17:37
A recession probably hasn't begun, but more bad news is on the way.
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SEBI gives a breather to direct transactions of ETFs up to Rs25 crore with AMCs This is expected to direct the transactions up to this limit to the exchanges and enhance liquidity in ETF units
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Stocks Struggle For Direction After U.S. GDP Shrinks For A Second Quarter In A Row--But Experts Say No Recession Yet Investors are unsure what to make of today's gloomy economic data, though most experts believe a recession isn't on the cards just yet.
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Student Loan Forgiveness: Biden's Huge Political Gamble Student loan forgiveness is a huge political gamble. What will President Joe Biden do?
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Earnings Preview: What To Expect From Apple Today Apple Inc. is scheduled to report earnings after Thursday's close. Here's a closer look.
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Oil Giant Shell Isn't Letting the Cash Go to Its Head

Wall Street Journal - 28 Jul 2022 16:49
The European supermajor is keeping its capital discipline even in the face of record earnings and sky-high prices.
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Earnings Preview: What To Expect From Amazon Today Amazon Inc. is scheduled to report earnings after Thursday's close. Here's a closer look.
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Recession? At 23.6, New Misery Index Is Getting Less Bad The Fed may soon have good reasons to stop raising interest rates as demand declines and supply increases.
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The Secret To Fantastic 44% Returns From Safe CEFs Why would anyone want to pay full price for a stock?
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