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Market News

Location American Market News for 21 December 2023

The New Swedish Playbook for Financing Green Business

Wall Street Journal - 21 Dec 2023 14:45
An investor duo's battery and carbon-steel ventures have raised billions by adopting the opposite of many startups' build-it-and-they-will-come strategy.
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Britain's debt interest payments hit record high for November - latest updates The Government paid more interest on its debt than any November on record last month as the impact of inflation fed through to its bond payments.
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S&P 500 Rebounds After Worst Day Since September

Wall Street Journal - 21 Dec 2023 23:36
Major indexes have advanced for seven straight weeks.
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What benefits will I get from porting my health insurance? Porting ensures that the history of an existing health insurance plan gets carried over to the new plan.
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In the current Hollywood rumor mill, one thing remains certain: Streaming consolidation will be a lot easier said than done.
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Now, easily contribute to NPS using UPI-enabled QR code. Details here Contributions to the National Pension System (NPS) can be made through a QR code based on D-remit, allowing subscribers to use any UPI-enabled app to contribute.
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Home loan: These are the interest rates charged by 5 major banks Most banks are charging an annual interest that ranges between 8.5 and 10 percent per annum based on the credit score and amount of loan. One should weigh a number of pros and cons before zeroing in on a lender for raisi...
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Mint Explainer: What Irdai's latest draft says about policy surrender charges Key changes will benefit policyholders, while business margins of insurers will take a hit
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Is Santa Bringing Investors Trash for Christmas?

Wall Street Journal - 21 Dec 2023 13:06
With the market in a party mood even ahead of a potential "Santa Claus Rally," some low-quality companies and "meme" stocks have done well of late.
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Americans Spending Less on Gifts, More on Everything Else

Wall Street Journal - 21 Dec 2023 12:30
The higher cost of fun is pushing some shoppers to take on debt to foot their holiday bills.
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Tokenisation: RBI expands the scope of CoFT to debit cards issuing banks. Details here The tokenisation services so far were provided through merchants. RBI on Wednesday issued a notification to announce that CoFT will now be enabled directly through card issuing banks & institutions.
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How do you choose between gold ETFs and sovereign gold bonds? MintGenie explains Both gold ETFs and SGBs come with their own set of advantages. While there are several reasons why gold ETFs are favoured over other gold investments, investing in SGBs and gold ETFs each offers distinct benefits.
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The Simple Path to Wealth: 5 key investing lessons by JL Collins In the intricate and confusing jungle of misinformation and obscure puzzles that characterize the realm of investment, the straightforward personal finance principles articulated by JL Collins act as a beacon for those w...
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6 banks offer up to 8% interest rates on savings accounts; check full list here Many small private banks and SFBs are, indeed, providing noticeably higher interest rates on savings accounts in comparison to prominent private and public sector banks.
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Want to remit money to India? Here are 4 popular alternatives As India tops global remittance charts with $125 billion, we explain different alternatives to remit money to India from overseas
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5 essential steps to conclude a year-end evaluation of your financial portfolio Effective planning for the new year relies on thorough preparation in the preceding year. Conducting an assessment of portfolio enables to identify areas where missteps occur and provide insights into corrective measures...
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How to become rich: Nine golden personal finance rules that may help you make money Personal finance involves budgeting, saving, and investing. Follow these ten personal finance rules to take control of your money and become rich
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Workers voted 5-3 in favor of unionizing, and those in three other branches have said they intend to hold votes. An Alaska branch is expected to vote Thursday.
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