Market News
Hey ChatGPT, Why Isn't My AI Fund Up Like Nvidia?
Wall Street Journal - 15 Mar 2024 19:15
It's harder to hitch your wagon to Wall Street's latest fad than you might think.
Vonovia falls 5% after its biggest ever loss shines light on Germany's property crisis
CNBC - 15 Mar 2024 14:41
Shares of German property giant Vonovia fell as much as 7% on Friday, shining a light on a deepening real estate crisis in Europe's largest economy.
Adobe shares slip 10% on soft sales forecast
CNBC - 15 Mar 2024 02:11
Adobe paid a $1 billion termination fee to fast-growing startup Figma after regulators pushed back on the two companies combining.
Inflation Worries Push S&P 500 to Second Straight Weekly Loss
Wall Street Journal - 16 Mar 2024 00:27
Investors are awaiting the next Federal Reserve meeting next week for more clarity on interest rates.
FTX's Sam Bankman-Fried Should Serve 40 to 50 Years in Prison, Prosecutors Say
Wall Street Journal - 15 Mar 2024 22:54
Federal prosecutors said the FTX founder victimized tens of thousands of people while orchestrating one of the largest financial frauds in history.
British pound's spike to burn a hole in the pockets of UK-bound students from India
livemint.com - 15 Mar 2024 18:15
If a student is set to join a university that charges £20,000 per year from international student, s/he will end up paying ₹21 lakh instead of ₹20 lakh earlier when the pound was ₹100 a piece a few months ago.
Your Sweet Tooth Is Getting Expensive
Wall Street Journal - 15 Mar 2024 17:00
Prices for cocoa, the key ingredient in chocolate, have surged to records, costing chocolate makers, bakers and aficionados alike.
What is personal loan insurance and what does it cover? MintGenie explains
livemint.com - 15 Mar 2024 16:30
You have the option to purchase personal loan insurance directly from the lender when applying for a personal loan. Alternatively, you can consider obtaining the insurance from a separate insurance provider.
Most unresolved investors' complaints belong to venture capital funds, Sebi data shows
livemint.com - 15 Mar 2024 16:14
Complaints filed by investors to the capital markets regulator Sebi against listed companies and Sebi-registered intermediaries are redressed through SCOREs
What is a Power of Attorney for a Demat account? A look at its types, precautions to take and FAQs
livemint.com - 15 Mar 2024 15:29
In the realm of investment and trading, understanding legal frameworks is paramount. One legal instrument that frequently garners attention is the Power of Attorney (PoA) in demat accounts. This article seeks to demystif...
Dollar Stores Get Devalued as Low-Income Consumers Struggle
Wall Street Journal - 15 Mar 2024 15:00
Two rival discount chains reported seeing similar problems in their customer base.
Nvidia and AI Have Given the Chip Industry a Lot to Prove
Wall Street Journal - 15 Mar 2024 14:00
Semiconductor valuations remain expensive even after selloff and with Nvidia's Next Big Thing coming.
A Fake Bill Ackman Is Scamming Investors Out of Millions on Facebook
Wall Street Journal - 15 Mar 2024 13:30
And he's not the only one. A bogus Cathie Wood, a false Steve Cohen and a pretend Peter Lynch are luring victims on social media, and their real-life counterparts can't keep up. 'It's like a game of whack-a-mole.'
We All Want Simpler Taxes. Here's Why That's So Complicated.
Wall Street Journal - 15 Mar 2024 13:30
The U.S. tax code is mind-boggling in its complexity, but the hurdles to simplifying it are surprisingly high.
Pig Butchering Scam: What is it? How does it work? All you need to know
livemint.com - 15 Mar 2024 13:10ITR filing 2024: Here's how to maximise income tax savings from Employees' Provident Fund (EPF) account
livemint.com - 15 Mar 2024 11:18
ITR filing: Here's how to maximise income tax savings from Employees' Provident Fund (EPF) account
Barratt's £2.5bn deal to buy Redrow faces investigation from competition watchdog
Telegraph - 15 Mar 2024 11:13
The competition watchdog has launched an investigation into a £2.5bn merger between two of Britain's biggest house builders.
How to manage multiple personal loans? Here are 6 effective ways
livemint.com - 15 Mar 2024 09:37
Balancing multiple personal loans and effectively managing them can be challenging. The optimal approach is to prioritise repayment of the loan with the highest interest rate. While this demands greater discipline initia...
From Cash to UPI: How evolution of digital India fueled online payments?
livemint.com - 15 Mar 2024 09:24
Industry experts believe that initiatives like the Digital India campaign have aimed to bridge the digital divide and empower citizens with access to digital services, including payments
Debunking 5 widely-held myths around credit scores
livemint.com - 15 Mar 2024 09:06
There are a number of myths such as closing a credit card improves credit score, or checking the score hurts it. Here we try and bust some of the myths.
Income tax alert: Hurry up! Advance tax last instalment deadline ends today, March 15
livemint.com - 15 Mar 2024 07:26ITR filing: Stock market investors can use these tricks to lower income tax outgo
livemint.com - 15 Mar 2024 05:03
ITR filing: According to experts, individuals investing in the Indian stock market can utilise several income tax planning strategies to increase their returns while staying compliant with Indian tax laws