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Market News

Location American Market News for 31 August 2023
After a three-year pause on payments and interest, millions of student loan borrowers need to take action.
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Stock Market's August Losses Snap Monthslong Winning Streak

Wall Street Journal - 31 Aug 2023 22:35
A late-August rally wasn't enough to push major indexes into the green for the month.
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Daily Dividend Report: Alamos Gold, Gaming And Leisure Properties, Deere, Quanta Services, ChampionX Daily Dividend Report: AGI,GLPI,DE,PWR,CHX
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How do I optimize my portfolio to buy a house, start a family? You will have to rely on a home loan to buy the house. If we consider a loan of ₹1 crore for 20 years then the equated monthly instalment (EMI) for the same could be approximately ₹87,000 at an interest rate of 8.5% ...
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You can get a loan against your MFs, but be wary of the caveats Redeeming MF units could attract capital gains tax and disrupt the compounding process
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Stubborn Inflation Leaves The Fed, Markets Staring Into Uncertainty The economic landscape today echoes the inflationary upswing of the 1970s, raising concerns about a possible reacceleration of inflation in economies worldwide.
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Fafsa Changes Are Coming. Here's What You Should Know.

Wall Street Journal - 31 Aug 2023 19:00
The goal is to make the college financial-aid form easier to understand and fill out, and more generous to families in need.
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Now That We're Retired, Is It Time to Move to Kansas?

Wall Street Journal - 31 Aug 2023 18:40
There are a lot of reasons to leave San Francisco. But there are just as many reasons to stay.
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Elon Mode FSD: Secret Full-Self Driving Mode Leaves Authorities Despairing Tesla might be about to face the music on its self-driving technology after a secret so-called 'Elon mode' that removes a critical safety feature was discovered.
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Polestar is still on track to build 60,000 to 70,000 EVs in 2023, with two new models coming in the next several months.
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HHS Call To Reschedule Marijuana Is A Big Deal: Here's Why It seems probable that cannabis will be moved to Schedule III sometime in the next year, quite possibly before the 2024 presidential election. Here is what that means.
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Should You Pick Merck Stock Over Coca-Cola?

Forbes - 31 Aug 2023 14:00
Should You Pick Merck Stock Over Coca-Cola? We compare their current multiples with the historical ones in the sections below to better gauge their valuations.
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UBS Gets Everything It Wants From Credit Suisse

Wall Street Journal - 31 Aug 2023 13:49
Not only has UBS notched a huge profit during the second quarter by buying its rival Swiss bank, but it looks like it will keep the best bits of it no matter what politicians say.
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Revolution Beauty Slumps 17% Following FY Trading Statement, New CEO Announcement Investors took fright despite news of better-than-expected performance in the current year, and the appointment of Lauren Brindley as chief executive from next month.
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Large commercial banks in China are planning to lower some deposit rates, ahead of anticipated mortgage-rate cuts that will further squeeze profit margins.
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Now under more professional management, the owner of the U.S. rights to Modelo Especial is going places.
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Swedish buy now, pay later firm Klarna reduced losses by roughly 67% in the first half of 2023, as it cut costs dramatically in a bid for profitability.
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'Oppenheimer' Should Leave IMAX Glowing for a While

Wall Street Journal - 31 Aug 2023 12:00
IMAX looks relatively well-shielded from Hollywood's troubles.
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Salesforce Needs to Play Its AI Chips Wisely

Wall Street Journal - 31 Aug 2023 11:30
The cloud-software giant promises even higher profit margins just as the AI spending war gets under way.
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This government-backed scheme may turn you into a crorepati. Here is how 'Mera Bill Mera Adhikaar' scheme to reward customers with cash prizes for uploading GST bills
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Mutual Fund rule change to ₹2000 note: Seven monetary changes that may impact your money matters September brings changes in money matters: Let's take a look at key money changes
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UBS on Thursday posted a second-quarter profit of $28.9 billion in its first quarterly earnings since Switzerland's largest bank completed its takeover of stricken rival Credit Suisse.
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