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Market News

Location American Market News for 4 January 2024
PayNearby and Star Health unite to offer health cover to uninsured and under-served across India. Details here The collaborative effort between PayNearby and Star Health represents an initiative aimed at providing affordable insurance options to citizens at the last mile, with the overarching goal of boosting insurance penetratio...
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Rich Dad, Poor Dad author Robert Kiyosaki acknowledges he is $1.2 billion in debt: 'If I go bust, the bank goes bust' Robert Kiyosaki, author of Rich Dad, Poor Dad, shares his unique philosophy on debt and investment. He uses debt to pay for assets, categorizing luxury vehicles as liabilities. He also advocates for saving gold instead o...
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Tech Stocks Extend Their New Year Stumble

Wall Street Journal - 5 Jan 2024 01:42
The Nasdaq Composite notched its fifth consecutive day of losses.
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U.S. Crude Oil Stocks Fell 5.5 Million Barrels Last Week

Wall Street Journal - 4 Jan 2024 21:28
U.S. crude oil inventories fell more than expected last week, while stocks of gasoline and distillate fuels saw large increases pointing to sluggish demand for products.
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The art of gambling: Will Perma Bulls get lucky again this year? The gamble by perma bulls that the only play in town is small- caps and mid-caps, no matter the valuation, worked
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Should I buy double accidental death insurance or a life cover? While the cost of accidental death insurance is only a fraction of life insurance, coverages in both policies are substantially different
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Research shows most alternative strategies perform no better than short or midterm bond funds and have returns that lag behind the stock market.
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How the 2023 Bank Crisis Can Still Be Felt in 2024

Wall Street Journal - 4 Jan 2024 18:30
The Fed may be poised to loosen the reins on the economy with interest-rate cuts, but for now banks are still keeping themselves on a fairly tight leash.
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How to Bottom Fish for Chinese Stocks in 2024

Wall Street Journal - 4 Jan 2024 17:55
It has been a wet few years on the high seas of China's markets. This year there might be more opportunities--if investors know where to look.
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Walgreens cut its dividend to 25 cents per share from 48 cents per share to "strengthen its long-term balance sheet and cash position," said CEO Tim Wentworth.
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How Supply-Chain Snarls Made Everyone Wrong on Inflation

Wall Street Journal - 4 Jan 2024 15:30
Supply-chain problems might have been much more persistent than economists realized, new research suggests.
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Pune man loses ₹2.1 crore to online fraud: How to keep yourself safe from cyber criminals? No matter how smartly the fraudster plays, you can save yourself if you are not greedy. The greed of maximising the returns prompt gullible investors to make investment beyond their investible corpus
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9.3 lakh lives lost to cancer in India, urging the need for comprehensive health insurance As the number of cancer cases continues to rise, having a versatile and inclusive health insurance policy with sufficient coverage is becoming increasingly important.
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What the 2024 Tax Brackets Mean for Your Money

Wall Street Journal - 4 Jan 2024 14:30
Your tax bill is largely determined by tax brackets. How do they work?
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The Hidden Force Pushing Mortgage Rates Down

Wall Street Journal - 4 Jan 2024 14:30
The differential between 30-year mortgage rates and benchmark Treasury yields has been shrinking for eight straight weeks.
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Equity fundraising spiked 59% to ₹1.44 ­lakh crore in 2023: Report Public equity fund­raising rose 59 per cent to ₹1.44­ lakh crore in calendar year 2023, led by 57 mainboard initial public offerings (IPOs) that raised ₹49,434 crore.
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Beware of loan sharks! 3 bite-sized hacks to avoid pesky loan scams Financial transactions have become streamlined with the rise of instant loan apps, but this has also led to an increase in loan scams. It is important to be vigilant and follow a comprehensive checklist to protect your f...
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New Year Shopping: 18% of respondents opt for high-end luxury purchases, reveals survey 18% of respondents plan to indulge in luxury items for Christmas and New Year's Eve shopping, while 79% choose more economical choices; 14% engage in specific financial planning activities for the New Year, while 84% do ...
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Next vows not to raise prices in 'zero inflation' pledge - latest updates Next has promised it will not raise prices this year as factory gate prices stabilise for the first time in three years.
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Mint Beshak Insurance Ratings

livemint.com - 4 Jan 2024 11:04
Mint Beshak Insurance Ratings To simplify and empower quicker decision-making, Mint in association with Beshak.org presents Mint Beshak Insurance Ratings
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First gold bond of 2024, SGB Series 2023-24 Series 4, opens for subscription next month. Details here The first gold bond of 2024, SGB Series 2023-24 Series IV, will open for subscription from February 12 to 16, 2024, with issuance on February 21, 2024
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Women in Finance: How to overcome the challenges holding female participation back? According to the Global Findex 2021 report by the World Bank, there has been a significant surge, indicating that 75.4% of adult women in India had accounts with financial institutions in 2021, marking a substantial 38.3...
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