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Market News

Location American Market News for 7 May 2023

Tech Workers Aren't as Rich as They Used to Be

Wall Street Journal - 7 May 2023 11:30
Stock declines have wiped out billions of dollars of paper gains meant for big-ticket expenses.
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Will The CPI Report Trigger A Breakout Or Breakdown? The strong performance for stocks on Friday likely put some of the short-sellers on edge as they were likely pleased when stocks declined from Monday's high. The Viper Report's Tom Aspray reviews the technical changes he...
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How is withdrawal of funds from PF taxed?

livemint.com - 7 May 2023 20:02
How is withdrawal of funds from PF taxed? Withdrawal of EPF balance within 5 years of opening it is taxable. Tax liability will be calculated for past years of contribution without considering exemptions/deductions claimed. No need to revise prior year tax retur...
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Stocks This Week: Sell Short PayPal And International Flavors And Fragrances The weekly S&P 500 cycle has been accurate in all five buy signals and in four of five sell signals over the last year.
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Women analysts with perceived dominant faces, however, are at a competitive disadvantage, a study suggests
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How debt investment can be a powerful bet for financial success? Debt has long been a controversial topic in personal finance, with many people viewing it as a financial burden that should be avoided at all costs.
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Stock Funds Rise, but Outlook Is Iffy

Wall Street Journal - 7 May 2023 17:00
Large-cap funds did better than most in April, though many issues could rain on investors' parade.
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The Liberty Bond Act Of 1917 Is Not a Suicide Pact: Why Courts Will Never Uphold the Faux 'Debt Ceiling' The 'debt ceiling' whose lifting Republicans hold hostage is no longer rooted in law. It is superseded by 'later in time' Congressional budgets and was void ab initio, at least as Republicans pretend to interpret it, und...
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Online Sports Bettors Lose More as Parlays Gain Popularity

Wall Street Journal - 7 May 2023 16:00
As average bettors win less, the gambling companies are winning more.
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Good News for Your Utility Bills: Gas Producers Keep Drilling

Wall Street Journal - 7 May 2023 14:00
Continued flow of natural gas should ease electricity costs but it is risky for companies.
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Investors Flock to Safety Plays, but Stock 'FOMO' Lingers

Wall Street Journal - 7 May 2023 11:30
Investors are shying away from risk, turning to defensive stocks and Treasurys, yet they appear equally worried about missing out on a potential stock-market rally.
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Banks Are in the Grips of Investor Crisis of Confidence

Wall Street Journal - 7 May 2023 11:30
First Republic Bank's failure demonstrates why lenders are vulnerable to a loss of faith.
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Unity SFB hikes FD rates, senior citizens can earn up to 9.50% and non-senior citizens can earn as high as 9% Unity Small Finance Bank (SFB) has hiked its interest rates on fixed deposits of less than ₹2 Cr.
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