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Market News

Location American Market News for 18 January 2024

Stocks Advance After Tech Shares Lift Nasdaq

Wall Street Journal - 19 Jan 2024 01:37
The yield on the 10-year Treasury note rose for a third consecutive session.
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Rich foreigners will now get tax-free access to Indian MFs They can invest in the HDFC AMC's feeder funds that is set to operate from GIFT City.
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Flights delayed or cancelled: Know how travel insurance can help A travel cover is designed to provide comprehensive coverage that can protect the traveller from various unforeseen circumstances.
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U.S. Crude-Oil Stocks Fall, Products Rise in Week Ended Jan. 12

Wall Street Journal - 18 Jan 2024 20:49
Commercial crude-oil stocks excluding the Strategic Petroleum Reserve fell by 2.5 million barrels to 429.9 million barrels in the week ended Jan. 12, and were about 3% below the five-year average for the time of year, th...
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Some Luxury Goods Had a Better Christmas Than Others

Wall Street Journal - 18 Jan 2024 20:05
Brands that sell to the wealthiest shoppers are a safer bet as spending on designer products slows.
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ICICI Prudential Life Insurance introduces ICICI Pru Guaranteed Pension Plan Flexi with 'benefit enhancer'; details here The ICICI Pru Guaranteed Pension Plan Flexi with 'benefit enhancer' guarantees a full premium refund, and additionally, the Joint Life option with the premium waiver feature secures the financial well-being of the spouse...
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Forex cards on their way out? Google Pay ties up with NPCI for expansion of UPI across the globe It is believed that this partnership will help accelerate UPI's global acceptance, providing foreign merchants access to Indian customers who do not need to rely on foreign currency or forex cards for making digital paym...
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TSMC Thinks 2024 Will Repower Chip Sales

Wall Street Journal - 18 Jan 2024 15:54
The world's largest contract chip maker expects revenue to grow over 20% this year--a sign the electronics downturn is finally over.
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Samsung Kicks Off AI Upsell Cycle

Wall Street Journal - 18 Jan 2024 15:30
Smartphone and PC makers are banking on AI-enabled devices to revive sales this year.
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Wall Street hopes trillions in money-market funds will flow into stocks and bonds. Investors have varying plans.
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To borrow or not to borrow in your 20s: Pros and cons of borrowing you must know before saying 'yes' to a loan In your 20s, you may encounter various borrowing options, from student loans and digital credit to personal loans and car financing. Each avenue serves a specific purpose, and your decision should align with your current...
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Budget 2024: Why there is an urgent need to hike Section 80C deduction ceiling for income tax benefits Budget 2024: Experts believe there is an urgent need to hike the 80C deduction ceiling as many working people heavily rely on it for tax deductions
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Income tax to GST: Can Budget 2024 turn out to be a paperless paradise for taxpayers? Experts suggest that AI can automate data collection and calculations for tax filing, encouraging compliance and freeing up resources for investigation. Accessibility, security, and user-friendly design with multilanguag...
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First-time investor in 2024? Conquer investing with 6 hidden ratios and rules Initiate your investment journey in 2024 by targeting a 20% savings rate, maintaining a debt-to-income ratio below 30%, calculating your solvency ratio and striving to reach a value of 1 to enhance your financial standin...
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The world's largest contract chipmaker TSMC on Thursday posted better-than-expected profit and revenue for the fourth quarter of 2023.
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Housing market bounces back as mortgage price war boosts sales - latest updates The housing market is bouncing back as a mortgage price war boosts sales, new data shows.
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Budget 2024: From removal of STT to crypto regulation, ICRA predicts these changes for markets, MFs and taxation The Budget will be announced on February 1, 2024. Since the general elections will be held in May, this will be the Interim Budget and a new Budget will be presented in July.
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The secretive methods being used in the country show how difficult it will be for regulators across the world, including in the U.S., to police the sector.
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?India has robust financials, is on every investor?s radar?: Kenneth Andrade, founder, Old Bridge Capital Old Bridge Capital founder Kenneth Andrade
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Coinbase Asks Judge to Deny SEC's Claim to Regulate Crypto

Wall Street Journal - 18 Jan 2024 02:57
The crypto exchange is seeking the dismissal of a lawsuit at the center of the agency's regulatory strategy.
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