Market News
What the key fact statement says about your bank loan
livemint.com - 15 Feb 2024 21:29
It is a single-page document that also lists out charges levied over and above the interest rate
Personal loans: How to improve your credit score? Here are 5 hidden ways
livemint.com - 15 Feb 2024 11:55
A personal loan is an unsecured loan that relies on creditworthiness and ability to repay. Credit score is a key factor used by financial institutions to determine loan eligibility. A CIBIL credit score of 750 or higher ...
Even With Fewer Rate Cuts, You Should Still Buy Bonds
Wall Street Journal - 15 Feb 2024 15:12
Markets were too gung-ho about how much the Fed would cut rates this year. But savers with long investment horizons still shouldn't miss out on the opportunity to lock in 4.5% fixed-income returns.
Cisco says it's cutting 5% of global workforce, amounting to over 4,000 jobs
CNBC - 15 Feb 2024 03:01
Cisco announced plans to cut 5% of its workforce on Wednesday, the latest tech company to downsize this year.
Broad Stock Advance Lifts S&P 500 To Record
Wall Street Journal - 16 Feb 2024 01:26
Weakness in large tech stocks is offset by gains across sectors.
Shake Shack stock surges 26% on fourth-quarter profit, strong 2024 outlook
CNBC - 16 Feb 2024 01:07
For 2024, Shake Shack expects to grow total revenue by 11% to 15% and open 80 new restaurants.
Wells Fargo Resolves a Regulatory Complaint at Heart of 2016 Fake-Account Scandal
Wall Street Journal - 15 Feb 2024 21:59
The Office of the Comptroller of the Currency said Thursday the bank had made sufficient progress revamping its systems that guard against customer harm.
The concept of moat in business and using it for investing advantage
livemint.com - 15 Feb 2024 21:54
The term economic moat was popularized by Warren Buffet. He has the knack of picking up fundamentally good businesses that have the ability to maintain competitive edge.
How do I insure my belongings in an apartment that is rented?
livemint.com - 15 Feb 2024 21:50
A content-only plan can cover different contents of your home, including electrical and electronic appliances like fridge, TV, AC, refrigerators etc.
Jeep, Dodge-maker Stellantis' profit slides as Detroit Three strikes bite
CNBC - 15 Feb 2024 14:59
Stellantis reported a 10% annual decline in adjusted operating profit in the second half of 2023, as six-week strikes at the "Detroit Three" automakers hampered production.
Renault shares up 7% as carmaker plans dividend hike
CNBC - 15 Feb 2024 14:33
The company reported a group operating margin of 7.9%, towards the top end of its prior guidance.
The Stanford Professor Taking on Racism in the $4 Trillion Muni-Bond Market
Wall Street Journal - 15 Feb 2024 14:30
The municipal-bond market is a sleepy corner of Wall Street that finances America's roads and sewers. It also features in the nation's history of racial inequality.
High interest rates help Germany's Commerzbank post best results in 15 years
CNBC - 15 Feb 2024 14:00
Deutsche Bank analysts described the numbers as a "solid set of 4Q23 results" and reiterated their buy rating on the stock.
Higher Global Oil Supply Set to Satisfy Demand Increase
Wall Street Journal - 15 Feb 2024 13:12
Global oil demand is expected to grow at a significantly weaker pace this year, while soaring output from the Americas will help boost supply despite output curbs from OPEC and its allies, IEA said.
Britain falls into recession in blow to Rishi Sunak - latest updates
Telegraph - 15 Feb 2024 11:03
Britain has fallen into recession in a blow to Rishi Sunak as he prepares to fight a general election this year.
South Korea Prepares $57 Billion Package to Boost Corporate Investment
Wall Street Journal - 15 Feb 2024 10:06
South Korea has prepared a $57 billion aid package for companies to boost investment in high-tech industries and ease the burden of high borrowing costs.
IndusInd Pioneer Heritage credit card: From rewards to benefits; all you need to know
livemint.com - 15 Feb 2024 09:53
The IndusInd Pioneer Heritage credit card is a premium choice for discerning customers, offering top-tier features and privileges. It provides attractive benefits like fuel surcharge waivers, welcome vouchers, reward poi...
Overseas real estate helps in diversification of portfolio, says Himanshu Kohli of Client Associates
livemint.com - 15 Feb 2024 09:07
Himanshu Kohli, Co-founder of Client Associates, discusses the evolving landscape for High Net Worth Individuals (HNIs) in 2024, emphasizing diversification through international real estate and the growing importance of...
Home loan: 4 key strategies to make the most of interest rate cycle
livemint.com - 15 Feb 2024 08:24
Deciding to purchase your first home is a significant milestone, filled with both excitement and complexity, especially when navigating the fluctuating landscape of interest rates and real estate prices.
Warren Buffett's Berkshire Hathaway Trims Its Massive Stake in Apple
Wall Street Journal - 15 Feb 2024 03:11
The investment had grown to an outsize share of the stock portfolio, prompting questions about how big Berkshire would let it grow.