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Market News

Location American Market News for 3 May 2024
The consumer tech giant is as strong as ever, and we see positive catalysts ahead.
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The Era of'No-Show' FeesIs Here---and It's Going to Cost You

Wall Street Journal - 3 May 2024 05:00
Don't be a flake. Your salon, personal trainer or housecleaner might send a bill if you are.
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Here are some of the major companies whose stocks moved on the week's news.
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The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
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Cocoa Prices Slump as Monthslong Rally Turns Bitter

Wall Street Journal - 3 May 2024 19:04
Cocoa prices fell sharply this week, with liquidity drying up and trading growing volatile as buyers balk at high expenses.
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The innovative structure of Berkshire Hathaway stands out--and benefits shareholders
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Forget about the hot debuts like Reddit's, and follow these price and volume patterns.
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Income tax: Close to 6 lakh IT returns filed within 30 days of portal's opening, two-thirds processed, says report Early filing can help taxpayers get refunds sooner. Additionally, it gives them more time to revise or correct returns without penalty, say experts.
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Sebi announces new rules for onboarding of clients by portfolio managers -- an explainer Before onboarding, a portfolio manager and the client will enter into a written agreement that clearly defines the relationship and sets out their mutual rights.
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Technology has the potential to help both buyers and sellers.
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The chain is banking on foreigners, especially in China, to buy a lot more of its drinks
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Backdoor Roth IRAs Are Promising---and Perilous

Wall Street Journal - 3 May 2024 13:30
The backdoor Roth IRA is a legal way around income limits.
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Apple Buys Itself Some Time for an AI Boost

Wall Street Journal - 3 May 2024 13:30
Raised share buybacks helped buttress weak iPhone sales, but Apple will need to make its own AI play clear soon.
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UK economy 'pulling out of recession' as private sector grows Britain's economy is "pulling further out of last year's shallow recession" as the dominant services sector grew at its fastest pace in nearly a year, according to a closely-watched survey.
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Hong Kong's securities regulator has started criminal proceedings against hedge fund management firm Segantii Capital Management, the firm's founder and a former trader over insider dealing.
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What are the effects of credit counselling on your CIBIL score? Credit counselling entails a number of sessions where you receive guidance on managing your finances, creating a budget, and developing strategies to repay debt. Putting this advice in practice can lead to better financi...
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Balance transfer: How does it help improve your CIBIL score? Balance transfer can be a useful tool to manage debt and improve your credit score. It should not be seen as a quick fix since improving your credit score takes time and regular financial management habits.
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5 game-changing trends in personal loans

livemint.com - 3 May 2024 08:21
5 game-changing trends in personal loans Personal loans are becoming more attainable, user-friendly, and customized to suit individual requirements. Furthermore, in areas such as India, the utilization of data analytics for credit evaluation and a concentration...
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Can I get a personal loan to pay off student loans? MintGenie explains Although using a personal loan to settle your student loans may seem feasible, many lenders might reject your application if they discover that the loan will be utilized for this specific purpose.
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The legendary investor and his longtime partner, Charlie Munger, changed their stripes for a tech stock. Now, the size of the stake is worrying some Berkshire shareholders.
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Macquarie's Full-Year Profit Falls, Cuts Dividend

Wall Street Journal - 3 May 2024 03:43
Australia's biggest investment bank and asset manager reported a 32% fall in annual profit and cut its dividend by 14%.
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Coinbase's quarterly results follow a big jump in the price of bitcoin from a year earlier, though the rally has stalled of late.
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