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Market News

Location American Market News for 11 December 2023

Stocks Edge Higher Ahead of Inflation Data, Fed Meeting

Wall Street Journal - 11 Dec 2023 23:30
Gains were driven by moderately sized companies outside the 'Magnificent Seven.'
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Investors are considering taking on more risk ahead of possible interest-rate cuts.
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Former acting U.S. Attorney Joon Kim will investigate the bank regulator's responses to allegations of harassment and discrimination.
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Can zero-forex, lifetime-free Scapia outdo other travel credit cards? The card, launched in association with Federal Bank, has a fairly simple rewards system for flights, room bookings
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Macy's Buyout Could Take a Miracle on 34th Street

Wall Street Journal - 11 Dec 2023 16:58
A suitor has shown up at Macy's, but given the tough environment, a deal that crosses the finish line would be a surprise gift for shareholders.
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Bajaj Allianz Life Insurance unveils Life Ace-Increasing Income plan; details here Bajaj Allianz Life Insurance has introduced a variation of its participating savings plan, providing customers with a stream of increasing income while also protecting against the impact of rising inflation.
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5 reasons why gold ETF is better than physical gold for uncertain times Gold ETFs are an innovative investment vehicle that offers exposure to the yellow metal without the need to hold physical gold.
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Old tax regime continues to be favoured by 63% of taxpayers, says survey In a recent survey, 63% of taxpayers clung to the old tax regime in India, while 74% of women showed more financial awareness than men by calculating their taxes under both regimes.
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What India Needs to Ditch Coal

Wall Street Journal - 11 Dec 2023 13:09
India has good reasons for refusing to commit to curtailing investment in new coal power at the COP28 climate conference.
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Your Cash Is Earning 5% Interest. Is Now the Time to Move It?

Wall Street Journal - 11 Dec 2023 12:30
Investors are considering taking on more risk ahead of possible interest-rate cuts.
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When Bond Yields Dropped, the Everything Rally Kicked Off

Wall Street Journal - 11 Dec 2023 12:30
Stocks, bonds, crypto and gold are surging, sparking worries of a fleeting sugar high.
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What does it take to buy a home in the U.S.? A lot more than it did before the Federal Reserve raised interest rates.
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Cricket's lessons for investors: The importance of choosing the right approach The article draws parallels between different formats of cricket and investment/trading strategies, emphasizing the distinction in approaches, objectives, and timeframes between Test, ODI, T20 cricket, and investing vers...
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Musk reinstates conspiracy theorist Alex Jones on Twitter after poll - latest updates Elon Musk has reinstated the conspiracy theorist Alex Jones to Twitter, a year after insisting he would never be allowed back on the site over his claims the Sandy Hook massacre was a hoax.
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Bank of India unveils Nari Shakti Savings Account: From features to benefits; all you need to know Bank of India has introduced Nari Shakti Savings Account, designed for women with independent income. Here are its features and benefits
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What a car loan costs you

livemint.com - 11 Dec 2023 07:51
What a car loan costs you A loan for longer may mean smaller EMIs, which makes the car seem more affordable, but overall, you pay more as interest
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Should you prepay home loan or invest money? MintGenie explains Prepaying your home loan and investing your money can both serve as effective financial strategies, contingent upon your specific circumstances and objectives.
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New vs Old tax regime? How to optimise your tax planning for FY24 The government's new tax regime offers lower rates but eliminates deductions, making it beneficial for those with limited deductions and the old regime better for those with significant deductions.
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SBI Cashback Card: From eligibility criteria to benefits; all you need to know The SBI Cashback Card offers enticing cashback rewards on every transaction, with up to 5% cashback on all online and offline purchases. It comes with additional benefits like a fuel surcharge waiver, but does not offer ...
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