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Market News

Location American Market News for 30 April 2023

Is the amount gifted by your spouse taxable?

livemint.com - 30 Apr 2023 20:03
Is the amount gifted by your spouse taxable? As per the provisions of the Income-tax Act, any sum of money or value of property received from 'relative' is not considered as taxable both in the hands of the donor and the recipient.
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Five factors that greatly affect your credit score

livemint.com - 30 Apr 2023 20:00
Five factors that greatly affect your credit score Understanding the factors that affect your credit score is crucial to maintaining a healthy financial standing.
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Budget ends tax arbitrage on MLDs. Market finds a clever workaround Some new issues are linked to internal metrics, such as a company's net worth, and may offer LTCG tax benefit
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Big Tech's Rebound Plays to Growth-Stock Bets

Wall Street Journal - 30 Apr 2023 16:00
Large U.S. technology companies are powering the broader stock market higher and vindicating many growth-stock investors who got burned in tech shares' tumble last year.
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Reaching The Fed's 2% Target Will Cost America Big, New Research Shows "Policymakers--and financial markets--ignore this lesson at their own peril."
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Collect Dividends Up To 9.4% From ... Banks? Select bank stocks may be cheap, but why settle for 2% to 3% yields?
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Desperate In The Face Of Triple-Digit Inflation, Argentina's Far-Right Proposes Dollarization The administration formally led by President Alberto Fernandez but under the de facto control of Economy Minister Sergio Massa has definitely assimilated the blow of a brutal run on the peso that pushed it to the edge.
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Stock Market Calm Rekindles Debate Over Fed Tightening

Wall Street Journal - 30 Apr 2023 11:30
Economic growth has slowed, but inflation remains persistent in key areas, raising concerns that the Fed's balance-sheet size could force the Fed to take rates even higher.
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