Market News
SEC Sues Insurance Executive for 'Massive' Fraud
Wall Street Journal - 31 Aug 2022 01:28
The agency alleged that Greg Lindberg and a lieutenant defrauded insurers out of more than $75 million.
The Investment Paradigm Has Flipped
Forbes - 31 Aug 2022 23:01
The investment paradigm has flipped. It may well be that what has worked during the past ten years in investing is what won't work during the next ten years, while the investments that haven't worked during the past ten ...
The Real Impact Of A Housing Market Recession
Forbes - 31 Aug 2022 21:25
What is a housing market recession? What impact will it have on me and my net worth? What happens after a housing market recession? And when is it not a good time to buy a home?
Why Are Oil Prices Dropping? OPEC Bows To Global Pressure To Increase Oil Supply
Forbes - 31 Aug 2022 20:58
The oil price has fallen to a new low below $90, with increased supply and reduced demand putting downward pressure on prices.
How students should choose the right credit card, benefit from it
livemint.com - 31 Aug 2022 20:40
Here are the credit options available for students as they gear up for their college, start their credit journey
What The Tesla Stock Split Means For Investors
Forbes - 31 Aug 2022 19:52
A look at the Tesla stock split to determine how it might change the value of the 6th largest company in the world. Amazon, Google and Shopify also had stock splits in 2022.
Can a top-up plan for pre-existing health issues help?
livemint.com - 31 Aug 2022 19:46
Do make sure that you accurately disclose your health condition while buying the top-up
Non-disclosure of foreign assets and implications under black money law
livemint.com - 31 Aug 2022 19:36
The disclosures include assets held in a year even when no income was earned on them
Bed Bath & Beyond Looks Washed Out
Wall Street Journal - 31 Aug 2022 18:20
Bed Bath & Beyond has enough liquidity for this fiscal year, but its strategy merely brings the company back to square one.
Bull Signal Could Push CVS Health Stock Towards 2022 Highs
Forbes - 31 Aug 2022 18:01
CVS Health (CVS) stock has taken a step back on the charts, after a mid-August rally lost steam just above the $107 level, coming shy of its Feb. 8, annual high of $111.25.
Is Tesco A Top Value Stock You Should Buy Today?
Forbes - 31 Aug 2022 17:43
Tesco offers big dividend yields and undemanding P/E ratios. But is the embattled FTSE 100 business worth the risk?
Snap's Big Snip Will Only Go So Far
Wall Street Journal - 31 Aug 2022 17:31
The social network's cost reductions and layoffs will conserve cash, but its indispensability to advertisers still needs proving.
Soccer Could Be an Own Goal for U.S. Funds
Wall Street Journal - 31 Aug 2022 17:11
RedBird Capital's takeover of AC Milan is the latest example of American investors viewing European soccer as an undervalued asset, but combining sporting and financial success may prove elusive.
Fintech firm Klarna's losses triple after aggressive U.S. expansion and mass layoffs
CNBC - 31 Aug 2022 16:20
The firm, which allows users to spread the cost of purchases over interest-free installments, saw a jump in operating expenses and defaults.
Snap Stock Surges 14% Following Layoffs
Forbes - 31 Aug 2022 16:15
Snap shares are still down more than 75% year-to-date even after the rally spurred by the company slashing 20$ of its workforce.
Bed Bath & Beyond Shares Plummet: The Latest On Their Liquidity Lifeline
Forbes - 31 Aug 2022 16:03
If funding comes through, they could have enough money to get by in the near future, but the long-term viability of the company is up in the air.
Dollar Tree Stock Down 18% Over A Week. What's Next?
Forbes - 31 Aug 2022 16:00
The company noted that its full-year outlook and margin performance are being hurt by inflationary cost pressures, a material shift in consumer purchasing from higher-margin discretionary merchandise to lower-margin cons...
The New "Biden Buyback Tax" Will Send This Dividend Stock Soaring
Forbes - 31 Aug 2022 15:45
There's a group of dividend stocks out there that are set to skyrocket as the new "Biden buyback tax" rolls in.
PNB hikes MCLR by 5 bps across tenors effective from 1st September
livemint.com - 31 Aug 2022 15:31
With effect starting on September 1, the public sector lender Punjab National Bank (PNB) announced the hike of the marginal cost of funds-based lending rate (MCLR) by 0.05% or 5 bps across tenors
Hiring Slows For Second-Straight Month As Companies Digest 'Conflicting' Economic Data, ADP Reveals In Latest Jobs Report
Forbes - 31 Aug 2022 15:31
"We could be at an inflection point, from super-charged job gains to something more normal," says ADP's chief economist.
What To Watch For In Lululemon's Stock Post Q2?
Forbes - 31 Aug 2022 15:00
Lululemon (NASDAQ: LULU), a company designing and selling athletic and casual apparel, is scheduled to report its fiscal first-quarter results on Thursday, September 1.
A Weak Week For Stocks
Forbes - 31 Aug 2022 14:54
Markets fell again on Tuesday, making that the fifth time in the last eight sessions we closed lower.