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Market News

Location American Market News for 7 January 2023

FTX Seeks to Recoup Sam Bankman-Fried's Charitable Donations

Wall Street Journal - 7 Jan 2023 12:30
FTX and its founder doled out millions in donations before the crypto exchange went bankrupt. Now the nonprofits wonder: What should they do with the money?
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Four investment strategies that may work in 2023 amid uncertainties Within equities, we are overweight on large-cap equities given relatively better macro fundamentals and a greater margin of safety in terms of earnings and valuation, said Vinay Joseph of Standard Chartered Wealth -- Ind...
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Income Tax: 10 key steps to plan your taxes in 2023

livemint.com - 7 Jan 2023 19:32
Income Tax: 10 key steps to plan your taxes in 2023 Tax2win CEO added that tax planning is essential for all investor's financial plans. A tax planning practice can help you reduce your tax liability and save hard-earned money. The ultimate aim of tax planning is to adher...
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If Your Closed-End Funds Do Any Of These Things, Sell Now Investors often ask me when it's time to sell a CEF.
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GE's Spinoff Deserves Healthy Skepticism

Wall Street Journal - 7 Jan 2023 16:00
While GE HealthCare will deliver better growth as a stand-alone, the new company's valuation looks stretched and its leverage is high.
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How debt mutual funds are more tax efficient than bank fixed deposits (FDs)? For conservative investors, fixed deposits and debt mutual funds are among the most prominent debt investments.
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Real Estate Trends: Pending Homes Sales Have Declined For Six Months Straight - Will Prices Finally Drop? Pending home sales have declined for six months as higher interest rates and recession fears drag on the housing market. Here is what homeowners and potential homebuyers need to know.
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Best Stock-Fund Managers of 2022

Wall Street Journal - 7 Jan 2023 12:30
Winners' Circle: In a brutal year for investing, a handful of stock pickers managed to post positive returns. The winner was up nearly 32%.
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FD calculator: These PSU banks give 7% or more return on fixed deposits FD calculator: Canara Bank is offering highest 7 per cent annual return on fixed deposits for 666 days tenure
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