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Location American Market News for 16 April 2024
Will Bank of America follow rivals in posting better-than-expected Wall Street revenue?
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United expects to receive fewer aircraft this year and is planning to add leased Airbus A321neos.
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Stocks Stabilize, Treasury Yields Reach New Five-Month Highs

Wall Street Journal - 17 Apr 2024 00:37
Fed Chair Jerome Powell shifted his tone on rate cuts, matching investors' expectations.
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How to improve CIBIL score in the long term? Here are six strategies There are a number of strategies to improve your CIBIL score in the long term which include paying bills on time, reducing debt, monitoring credit report, and keeping credit utilisation low.
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How can young professionals establish good CIBIL scores? Here are 6 key steps Young professionals can establish a good CIBIL score by taking a series of steps which include paying bills on time, keeping low credit utilisation ratio, diversifying credit types, monitoring credit report, and maintain...
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Three Key Takeaways From Big Bank Earnings

Wall Street Journal - 16 Apr 2024 18:53
Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected quarterly results thanks to a resilient economy, strong consumer spending and a flurry of Wall Street activity.
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Hollywood Still Banks On the Familiar for Box Office

Wall Street Journal - 16 Apr 2024 18:00
Sequels from lesser-tapped franchises are expected to dominate this year's film releases, but Wall Street anticipates weak overall results.
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EPF: How to know your UAN? A step-by-step guide

livemint.com - 16 Apr 2024 17:07
EPF: How to know your UAN? A step-by-step guide UAN works like a common identification for subscribers who may have worked under multiple employers in quick succession one after the other. This, effectively, means subscribers can have numerous member IDs allotted by a...
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LTCG deduction available if the gains are used to buy properties Deduction is available under Section 54 of the Income Tax Act for reinvestment in a new property. Judicial precedents may challenge deduction if the buyer is not a co-owner.
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The electric-vehicle pioneer seems to be shifting its growth hopes to the unproven technology of automated driving.
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Demat Accounts: What is a Unique Client Code and why does it matter? The Unique Client Code serves as a vital identification number assigned to clients by brokers, a mandate set by regulatory authorities. To uphold client privacy, brokers issue each client a distinct alphanumeric UCC
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China's Overcapacity Is Already Backfiring

Wall Street Journal - 16 Apr 2024 15:18
Excess investment in industry isn't made up by China's trading partners, and it has domestic consequences.
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How did Morgan Stanley CEO Ted Pick do in his first quarter leading the company?
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UnitedHealth Group announced first-quarter results that beat analysts expectations for revenue
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Shares of Dr. Martens plunged to a record low in early deals after the shoemaker flagged a challenging 2025 outlook.
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Fire Ravages Copenhagen's Historic Stock Exchange

Wall Street Journal - 16 Apr 2024 14:13
A fire ripped through Copenhagen's old stock exchange, collapsing the building's iconic spire, a centerpiece of the city's skyline since the 17th century.
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PwC Pushes Back at Evergrande Letter

Wall Street Journal - 16 Apr 2024 13:50
PricewaterhouseCoopers has responded to a public letter that blamed some of its executives for the global accounting firm's exposure to China Evergrande, the fallen property giant.
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Shares are down about 60% from a recent peak after the first three weeks of trading.
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Chain smokers may survive for 30 years, F&O traders die sooner: Vijay Kedia Investor Vijay Kedia emphasizes caution in investments through music videos. With 90% equities in his portfolio, he focuses on small and mid-caps and real estate for passive income.
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Fitch Ratings Downgrades Outlook for Chinese State-Owned Banks

Wall Street Journal - 16 Apr 2024 12:57
Fitch Ratings has downgraded the outlook for six Chinese state-owned banks amid concerns about the government's ability to support the sector in the event of stress.
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How to calculate income tax benefits on home loan EMIs -- explained Income tax benefits for home loans include deductions under Section 80C for principal repayment up to ₹1.50 lakh and under Section 24(b) for interest paid
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How the profits on sale of inherited shares will be taxed? In the case of inheritance, the cost of acquisition for capital gains purposes is taken the cost to the previous owner who had bought it for consideration
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