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Market News

Location American Market News for 29 January 2024

Should We Sell Our Home Now or Wait Until One of Us Dies?

Wall Street Journal - 29 Jan 2024 06:00
We answer a reader's thorny tax question on capital gains.
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S&P 500 Starts Busy Week With Fresh Record

Wall Street Journal - 30 Jan 2024 01:15
Stock-market investors are bracing for a week marked by earnings from large technology companies, a Federal Reserve meeting and economic data.
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Why airlines may not offer you free accommodation for delayed flights The months of December and January witness maximum flight delays and cancellation each year due to fog. Since it's a recurring phenomenon, the airlines are expected to be prepared for it but airports continue to witness ...
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Thomas Nides to Join Blackstone as Vice Chairman

Wall Street Journal - 29 Jan 2024 17:00
The former Morgan Stanley executive and ambassador to Israel will focus on strategic initiatives and client relationships.
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Federal Reserve policymakers are considering when to start cutting rates and when to slow down the pace of quantitative tightening.
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Amazon Can't Afford a Race to the Bottom

Wall Street Journal - 29 Jan 2024 15:30
The rising popularity of Temu, TikTok and Shein may nip at sales growth, but Amazon investors are more primed for profit expansion.
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Businesses and Consumers Are Borrowing Again, in 8 Charts

Wall Street Journal - 29 Jan 2024 14:30
Falling interest rates have spurred debt sales by highly rated and riskier borrowers.
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How to claim unclaimed deposits and investments? All you need to know The final part on unclaimed investments explores the role of technology, fees, and recovery advisory platforms. It also highlights the importance of making nominees aware of investments and maintaining comprehensive reco...
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Have you been a victim of a cyber threat? Explore these five roles of cyber insurance in a hyperconnected world Cyber threats and attacks are a growing concern in our digital world. Investing in individual cyber insurance is not just prudent, it's necessary to protect your digital assets.
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New IMPS money transfer rules from next month: What you must know Starting from 1 February, users can transfer money through IMPS by just adding the receiver's mobile number and bank account name, eliminating the need to add a beneficiary or IFSC code
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Sellers forced to slash asking prices as housing market stagnates - latest updates Home sellers are being forced to slash their askingprices by 10pc or more as the market stagnates in the wake of surging interest rates.
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Income Tax: Rent paid to spouse can be claimed as HRA exemption; here are 6 key provisions Several court verdicts -- including the recent one in June 2023 by the Income Tax Appellate Tribunal (ITAT) in Aman Kumar Jain's case -- have decided that the rent paid by a man to his wife is allowed as HRA and tax exem...
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Budget 2024: No major tax announcements are expected, says Akhil Chandna of Grant Thornton Bharat It is unlikely that the government would propose any increase in exemption limit under section 80C would be considered under the old tax regime.
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We answer a reader's thorny tax question on capital gains.
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