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Market News

Location American Market News for 23 September 2023

Oil at $100 Is Too High, Even for Energy Companies

Wall Street Journal - 23 Sep 2023 16:00
As crude oil prices near triple digits, it isn't just consumers feeling uneasy.
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The Hedge Fund Meltdown That Rescued Your Stock Portfolio

Wall Street Journal - 23 Sep 2023 13:00
Long-Term Capital Management's collapse 25 years ago started a habit hard to break--the 'Fed put.'
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3 Month Payback: Why Companies Buy Generative AI Consulting It takes companies three months to pay back their investment in Generative AI. The technology saved one company $80 million in call center costs.
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How fast can you double your money with PPF, mutual funds, Bank FDs -- Rule of 72 explains The Rule of 72 gives you an estimate of the number of years it will take to double your money in a particular investment tool
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As expected, the Fed "paused" at its September meetings. And while the Fed's administered rates did not change, the markets interpreted this as a "hawkish" pause.
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How much gold can I buy in cash and do I need to submit my ID proof for the same? No restrictions on cash amount to buy gold, but jewellers cannot accept more than ₹2 lakh in cash per transaction. PAN or Aadhaar is required for purchase over ₹2 lakh
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Here are some of the major companies whose stocks moved on the week's news.
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