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Market News

Location American Market News for 20 August 2022

Private Equity Wants to Wash Your Car

Wall Street Journal - 20 Aug 2022 06:00
Buyout firms are buying and bundling small businesses, from car washes and dentist offices to auto-repair shops and dry cleaners
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After the Covid-19 pandemic upended supply chains, U.S. companies are bringing jobs and processes closer to home.
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Bitcoin Prices Fall Off A Cliff To Hit Lowest Since Late July--What Drove These Losses? Bitcoin prices suffered an abrupt drop today, and then they continued to push lower. What caused these latest declines? Multiple analysts offer their point of view.
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Here's Where To Find The Best 7%+ Dividends Now This market crash has served up some terrific opportunities...
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Dry Powder Key to Silicon Valley Bank Rebound

Wall Street Journal - 20 Aug 2022 15:03
While SVB Financial Group has been hit by the tech downturn, venture-capital money sitting on the sidelines might fuel a rebound.
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Biden Has Canceled $32 Billion Of Student Loans, But Student Loan Forgiveness Still Missing Student loan forgiveness: Biden has canceled $32 billion of student loans.
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Federal regulators intend to levy the fines over the alleged breach of rules that require the retention of business records.
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Expect Layoffs At 51% Of U.S. Companies, According To New Survey A surprising new survey shows that half of U.S. companies are reducing, or plan to reduce, headcount.
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5-star rated Quant hybrid funds turn SIP of ₹10,000 to ₹6 lakh in 3 years A type of mutual fund that primarily invests in more than one asset classes, equity, debt, gold-related instruments (including ETFs), and other asset classes is called a hybrid mutual fund.
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Movie Theaters Face Rough Intermission

Wall Street Journal - 20 Aug 2022 16:00
An expected Chapter 11 bankruptcy filing from Cineworld is a reminder that the movie-theater business needs a hero to help put the pandemic behind it
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What Ethereum's Big 'Merge' Means in Crypto Land

Wall Street Journal - 20 Aug 2022 15:00
The crypto platform is prepping for a major systems overhaul that could, among other things, make it more energy efficient.
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Recession Watch: It Doesn't Seem Imminent--But The Housing Market Collapse Deepens As Fed Officials Warn 'Economy Will Slow' Falling inflation has helped temper fears of an imminent recession, but experts say it's still too early to expect a recovery.
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Ups & Downs: Top Pharmaceutical Stocks Post-COVID Here is a rundown of the top pharmaceutical stocks to know about, ranked by market capitalization: Johnson & Johnson, Pfizer, Eli Lilly, AbbVie
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International Senior Citizens Day: RBL Bank debuts special FD with 7.75% return In honour of International Senior Citizens Day to be celebrated tomorrow 21st August, RBL Bank has revealed that it has introduced a Super Senior Citizen Fixed Deposits Product.
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