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Market News

Location American Market News for 6 January 2024

The Job Market Can Stay Strong Without Rekindling Inflation

Wall Street Journal - 6 Jan 2024 06:00
A growing supply of workers is helping balance out the labor market.
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When we were working, we knew what we needed to do. Now, we have to be a lot more proactive about our intentions.
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The Secure 2.0 Act codified a number of exemptions for retirement-account distributions before age 59½, including for natural disasters and terminal illness.
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'Derisking' China-Reliant Supply Chains Is Creating New Risks

Wall Street Journal - 6 Jan 2024 17:00
The U.S. and Chinese economies appear to be growing apart. The real story is more complicated, and worrying.
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The SEC is facing a Wednesday deadline to approve or reject the first funds to hold the cryptocurrency.
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Facing funding winter, Indian tech start-ups gearing up for the tough times ahead in 2024 Since 2019, tech start-ups have collectively raised $70 billion in funding, states Nasscom-Zinnov Report 2023. Around 60% of start-up founders reported an increase in revenue and profitability last year
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3 key money lessons investors can learn from the movies which will hit the big screen in 2024 The year of sequels is here in both Bollywood and Hollywood, offering a mix of beloved franchises and new storytelling. As a savvy investor, it's important to explore new financial opportunities and expand your horizons ...
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4 key investment principles by Terry Smith to help wade through market volatility Terry Smith, often referred to as Britain's Warren Buffett, is a celebrated investor recognized for his enduring and sustainable investment strategy. His investment principles offer insights into how investors should nav...
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Value investing struggled during the long era of low interest rates. Warren Buffett's partner warned investors hunting for deals they should 'get used to making less.'
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Income tax HRA: Why Bengaluru is not considered a metro city for taxpayers? Bangalore is not classified as a metro city for house rent allowance (HRA) tax exemptions under income tax laws, resulting in residents being able to claim only 40% of their basic salary as tax-exempt HRA
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Stock Funds Rose 21% in 2023

Wall Street Journal - 6 Jan 2024 02:11
A fourth-quarter rally rescued stock funds, though they still suffered net withdrawals for the year. Bond funds pulled out a winning year, as well.
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