Market News
NPS scheme vs equity Mutual funds: Which is better? Explained with ten points
livemint.com - 29 Feb 2024 13:04
NPS vs equity mutual funds: Both the National Pension System and equity mutual funds have their advantages and disadvantages
The Surprising Effect Friends Have on Our Finances
Wall Street Journal - 29 Feb 2024 06:00
We tend to measure our financial health based on our friends--and what they post on social media.
Salesforce beats on earnings but forecasts single-digit revenue growth for the year
CNBC - 29 Feb 2024 03:25
Salesforce said revenue growth will slow to 8.6% in the new fiscal year, but revenue guidance exceeds Wall Street's estimates.
Nasdaq Closes at Record High
Wall Street Journal - 1 Mar 2024 01:27
Tech-heavy index sets record for first time in more than two years.
IRS Goes After High-Earners Who Never Filed Their Taxes
Wall Street Journal - 29 Feb 2024 23:00
The agency has started sending out notices to individuals who made more than $400,000 and failed to file returns between 2017 and 2021.
Best Buy warns of layoffs as it issues soft full-year guidance
CNBC - 29 Feb 2024 19:04
Best Buy has been in a period of slower sales in part due to the strength of its sales during the pandemic.
How to Avoid Paying Higher Taxes When Your Spouse Dies
Wall Street Journal - 29 Feb 2024 18:45
Taxes often spike when a spouse transitions to filing as a single taxpayer, but financial advisers say there are several strategies to lessen the hit.
How the World's Priciest Property Market Stumbled
Wall Street Journal - 29 Feb 2024 16:39
The reversal of fortune is a symbol of Hong Kong's malaise, and a fiscal headache for the government.
Should I use credit card for insurance premium payment?
livemint.com - 29 Feb 2024 16:14
The customer can make payment for their underlying premium using credit cards physically at the insurance companies' branches or that of their distributors.
Study abroad? Why it helps buying insurance from India
livemint.com - 29 Feb 2024 15:58
The health policies offered by Indian insurers are cheaper and also offer extensive coverage.
What is the significance of understanding and improving your credit score?
livemint.com - 29 Feb 2024 15:35
There are four major credit bureaus- TransUnion CIBIL, Equifax, Experian, CRIF High Mark that provide valuable insights on the credit history of the individual/business.
Newly listed Birkenstock beats revenue expectations on higher pricing, U.S. demand
CNBC - 29 Feb 2024 15:14
Birkenstock reported its holiday quarter results Thursday after it posted a record-breaking end to its last fiscal year.
Paramount's Big Game Is Still a Sideshow
Wall Street Journal - 29 Feb 2024 15:00
The Super Bowl gave its beleaguered ad business a lift, though deal rumors still cloud the media giant's future.
IQiyi, the Netflix of China, posts first year of profits and says it's 'excited' about Sora-like AI
CNBC - 29 Feb 2024 14:30
Chinese video content and streaming company iQiyi CFO Wang Jun said he is "excited" about potential new business opportunities with the emergence of OpenAI's text-to-video tool Sora.
How Discover's Network Helps Capital One Take On Card and Banking Giants
Wall Street Journal - 29 Feb 2024 14:30
Becoming the next Visa or Mastercard is a tall order, but isn't necessary for Discover's network to pay off.
China's Crackdown on High-Frequency Trading Ensnares Another Firm
Wall Street Journal - 29 Feb 2024 13:16
Chinese regulators have hit another firm with disciplinary action as they keep cracking down on high-frequency trading as part of efforts to stabilize equities markets.
AB InBev profits rise despite ongoing hit from Bud Light boycott in U.S.
CNBC - 29 Feb 2024 13:07
The world's biggest brewer saw annual revenue of $59.38 billion, up 7.8% but shy of analyst expectations.
Financial Literacy: 5 key reasons why it matters more than ever
livemint.com - 29 Feb 2024 12:10
In the face of evolving financial landscapes and products, it is crucial to consistently acquire knowledge and adjust your financial strategies. Financial literacy involves dedicating time and effort to understanding fin...
Britain's biggest power station's profits rocket after surge in energy bills - latest updates
Telegraph - 29 Feb 2024 11:54
Britain's biggest power station saw profits grow tenfold last year as households grappled with surging energy bills.
How to manage your anticipated salary appraisals?
livemint.com - 29 Feb 2024 11:21
Receiving a salary increase is a notable achievement and reason for celebration, but it's essential to approach your enhanced financial resources with careful consideration and strategic planning.
HKEX's Profit Declines Amid Poor Market Sentiment
Wall Street Journal - 29 Feb 2024 10:29
Hong Kong Exchanges & Clearing's quarterly net profit fell for the first time in over a year as the exchange operator fell victim to China's lackluster economic recovery and continued tepid demand for fundraising in one ...
Is Paytm Payments Bank saga casting a shadow on India's UPI success story? 3 experts weigh in
livemint.com - 29 Feb 2024 07:54
Most fintech players believe that crackdown on Paytm Payments Bank is a setback, albeit temporary, and does not encapsulate the state of affairs of the industry. They also assert that the UPI's success story is yet not r...