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Market News

Location American Market News for 6 August 2023

How Retirement Plans Should Protect Employees From Themselves

Wall Street Journal - 6 Aug 2023 17:00
The design of 401(k)s and other retirement savings plans too often lead employees to make financially harmful mistakes. It doesn't have to be that way.
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Big Oil's Talent Crisis: High Salaries Are No Longer Enough

Wall Street Journal - 6 Aug 2023 15:00
Energy companies scramble to attract engineers as young workers fret over climate and job security.
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3 Preferred Stock Funds Yielding Up To 9.4% Is there still a chance to buy the bank dip? You bet--with nifty yields up to 9.4%!
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The investment lesson from a US hard rock band

livemint.com - 6 Aug 2023 18:24
The investment lesson from a US hard rock band Van Halen was an iconic American hard rock band, which--among other things--was known for its energetic live shows. In the 1980s, the band had an extremely curious condition in their contract for live shows.
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How Sebi's new dispute redressal mechanism empowers investors The online platform aims to make arbitration cost-efficient, less time-consuming for wider set of investors.
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Stock Funds Are Up 16.7% for 2023

Wall Street Journal - 6 Aug 2023 18:00
The stock-market rally kept investors bullish--to a point. The Fed's moves still will call the tune.
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Homebuilder Fundamentals Deteriorating - Stocks At Risk The underlying fundamentals have weakened
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A lot of taxpayers were confused, and missed taking RMDs when they should have. Fortunately for them, penalties have been waived.
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Years ago, Peter Clothier thought proxy firms were counting shareholder votes incorrectly. His life fell apart after he reported it.
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When will Provident Fund interest be credited for FY 2022-23? Here's what EPFO said The government on 24 July accepted the recommendation of the Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) to increase the interest rate of deposits in Provident Fund (PF) to 8.15 p...
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No Soft-Landing - The Data Say So!

Forbes - 6 Aug 2023 03:49
No Soft-Landing - The Data Say So! This is likely to weigh on the Fed's September decision process regarding rates as the Fed secretly wants to see a U3 of 4.5%, but politically they can't say so!
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Advisers are getting pickier about clients and are leaving jobs they feel conflicted about.
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