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Market News

Location American Market News for 12 September 2022
Higher mortgage rates are just one factor raising the price of owning a second home.
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Sliding Earnings Estimates Pose Next Test for Markets

Wall Street Journal - 12 Sep 2022 11:30
Analysts have cut earnings growth estimates by the most since the second quarter of 2020.
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Canara HSBC Life Insurance launches iSelect Guaranteed Future Plan iSelect Guaranteed Future Plan offers guaranteed benefits with the flexibility to choose plan options, premium amount, premium payment term, policy term and premium payment mode basis the customer's saving needs.
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Gasoline Prices Are Down 13 Weeks in a Row

Wall Street Journal - 12 Sep 2022 23:39
The average U.S. price has fallen 26% from record highs in June, but analysts say declines may be coming to an end
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Twitter Shareholders Poised to Approve Musk Takeover Deal

Wall Street Journal - 12 Sep 2022 23:23
Early votes suggest the $44 billion acquisition will be approved by a wide margin, people familiar with the matter say.
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Oracle said electronic health record software maker Cerner contributed $1.4 billion to quarterly revenue.
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Dow Jumps 200 Points As Investors Brace For August Inflation Report And More Fed Rate Hikes Markets continued to rebound thanks to rising optimism that inflation has peaked.
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Fidelity Weighs Bitcoin Trading on Brokerage Platform

Wall Street Journal - 12 Sep 2022 20:51
The financial-services firm is weighing a plan to allow individual investors to trade bitcoin on its brokerage platform.
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Returns on my investments

livemint.com - 12 Sep 2022 20:39
Returns on my investments Building a portfolio is a complex exercise, and it has to be maintained too
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Is there any tax on houses gifted to NRIs?

livemint.com - 12 Sep 2022 19:54
Is there any tax on houses gifted to NRIs? If you have sold a property which is situated in India, you may have to report capital gains from the sale of such a property in your ITR to be filed in India
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'A mis-sold insurance policy led to one of our most impactful videos' When many creators were being paid to promote digital gold, I made a video on why digital gold is not the best gold investment, says Mandeep, Co-founder, LLA
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UPS Union Strike, Here's What Investors Need To Know About The Stock Depending on the outcome of the negotiations, UPS employees could strike.
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Do Not Pass Go, Do Not Collect 200 Bitcoin

Wall Street Journal - 12 Sep 2022 19:17
Cryptocurrency circles are buzzing after an ill-considered marketing promotion.
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How to select the best mutual funds for child education plans? In terms of personal finances, it appears that financing a child's education is the most crucial responsibility that cannot be neglected.
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More Layoffs On The Horizon? Does This Push Us Into A Recession? Investors have certainly noticed that Apple, Tesla, Amazon and Meta have all announced layoffs. Will more layoffs be coming? Is that enough to officially put us into a recession? We look at the recent labor stats to dete...
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Wells Fargo to Pay $145 Million to Settle 401(k) Plan Probe

Wall Street Journal - 12 Sep 2022 16:54
The Labor Department alleged that the bank's retirement plan overpaid for company stock from 2013 through 2018. Wells Fargo, which disagreed with the allegations, said resolving the matter is in its best interest.
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American Tech Can't Catch a Break in India

Wall Street Journal - 12 Sep 2022 16:26
India is flexing its muscles in the tech world, preparing a raft of new legislation to tighten control on the internet.
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First Solar Stock Has Returned 2x More Than The S&P Since 2017, Despite Dropping Sales First Solar Inc. (NASDAQ: FSLR) stock price jumped more than 2x from around $67 at 2017 end to $135 currently, primarily due to favorable changes in its P/S multiple.
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How To Avoid The Worst Sector ETFs 3Q22

Forbes - 12 Sep 2022 15:19
How To Avoid The Worst Sector ETFs 3Q22 The large number of ETFs has little to do with serving investors' best interests. Here are three red flags investors can use to avoid the worst ETFs.
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Losing Weight Is Losing Ground in the Stock Market

Wall Street Journal - 12 Sep 2022 15:03
Weight-loss and nutrition companies have lost half or more of their value in the past year despite expectations of a postpandemic boom.
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Down 28% This Year, Is Home Depot Stock A Buy? HD stock has declined from around $410 to $300 YTD, underperforming the broader indices, with the S&P falling about 16% over the same period.
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Railroad Could Stop Economy From Chugging Along Markets halted their three week skid. Can railroad union negotiations derail last week's gains?
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