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Market News

Location American Market News for 1 October 2022
Bank of India (BOI) hikes interest rates on fixed deposits: Details here The public sector lender Bank of India (BOI) hiked interest rates on fixed deposits of less than ₹2 Cr
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Axis Bank modifies domestic retail fixed deposit (FD) rates: Now offers up to 6% Axis Bank, a private sector lender, has modified the interest rates on domestic term deposits under ₹2 crore
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Today's Stock Market Turmoil Is A Bullish Confirmation The bearish trend is flaming out
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Britain's Financial Disaster Is a Warning to the World

Wall Street Journal - 1 Oct 2022 06:00
The crisis in the U.K. offers a preview of dangers other economies could face in an era of high inflation and rising interest rates
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Things you should know about critical illness insurance policies There are many types of health insurance policies available in the markets. One of the popular options is critical illness insurance, which provides cover against critical illnesses like heart disease, cancer, etc. Befor...
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My 2023 Forecast For High-Yield CEFs

Forbes - 1 Oct 2022 15:39
My 2023 Forecast For High-Yield CEFs Plenty of folks are starting to look toward the new year, and I'm getting a lot of questions about my outlook for high-yield closed-end funds (CEFs)
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U.S. Wage Growth Fails To Keep Up With Rising Prices For 17 Consecutive Months While CEOs have seen a real hourly wage increase in recent years, American workers have seen a decrease when you factor in inflation -- it's bad for the economy and investors, here's why.
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Why Lyft Is Eating Uber's Dust

Wall Street Journal - 1 Oct 2022 15:00
Postpandemic, the battle between Uber and Lyft is looking a lot more one-sided.
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Crypto Volatility Creates Wall Street Opportunities

Wall Street Journal - 1 Oct 2022 14:00
Institutions are leaning on tactics used in traditional markets, including short selling and mining information on loan contracts.
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PFRDA observes NPS Diwas today: How NPS allows financial freedom at retirement? To encourage pension and retirement planning among Indian residents, the Pension Fund Regulatory and Development Authority (PFRDA) is marking October 1 as National Pension System (NPS) Diwas.
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Tesla Recall: What Happened And What Will It Cost TSLA Stockholders? Tesla's product recall affected over one million electric vehicles. What happened with this Tesla recall and what was the effect on TSLA stock?
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Mutual fund tweaks that your portfolio needs amid rising interest rate regime Mutual fund investors looking for short term investment are advised to look at liquid and bond funds as they may yield up to 1% higher than its current annual return, say experts
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RBL Bank revises interest rates on retail fixed deposits: Now get up to 7.25% RBL Bank, a lender in the private sector, has changed the interest rates on fixed deposits under ₹2 crore
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Small-cap mutual fund gives CAGR of 28%, 11% alpha return since inception This mutual fund has given annual return of 28% since its inception whereas the category return in this period is 17%
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CME Considers Brokerage, Taking Cue From Crypto Rival FTX

Wall Street Journal - 1 Oct 2022 04:48
CME filed paperwork in August to create a futures commission merchant--essentially, a brokerage that would allow investors to buy and sell futures on CME's marketplace.
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What Is Really Driving "Inflation" Today

Forbes - 1 Oct 2022 02:28
What Is Really Driving There are five theories, and two subsidiary theories, proposed by different groups of economists and others to explain rising prices, or "inflation" so-called. But one dominates -- "It's The Supply Chain, Stupid"
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The listing plans come during one of the IPO market's worst years in decades.
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Nike, Biogen, CarMax: Stocks That Defined the Week

Wall Street Journal - 1 Oct 2022 00:28
Here are seven major companies whose stocks moved on the week's news.
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