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Market News

Location American Market News for 4 June 2024
Fixed deposits: Top 6 banks offer highest interest rates on their 5-year FDs Most banks have an unwritten rule which states that shorter the tenure, lower the interest rate. And longer the tenure, higher the interest rate.
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EPF: Subscribers are permitted to opt for advance in these scenarios Prior to applying for an EPF withdrawal -- also known as advance -- it is important that the UAN (Universal Account Number) is activated and the phone number linked to UAN is functional.
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S&P 500 Notches Another Gain

Wall Street Journal - 5 Jun 2024 00:31
Investors have grown anxious about economic growth ahead of jobs data.
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Best Buy Catches AI Fever

Wall Street Journal - 4 Jun 2024 18:59
Tech upgrades are coming, but the hype in the retailer's stock might be overdone.
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This PMS is betting on India reaching 16% of world's GDP by 2047 Vikas Khemani aims to tap into India's projected economic boom, focusing on sectors like manufacturing and banking, as the country targets a $29 trillion GDP by 2047..His new fund plans to leverage long-term growth trend...
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Who is Keith Gill? The Meme Lord Is Back

Wall Street Journal - 4 Jun 2024 16:30
The amateur investor who turned GameStop into a phenomenon has revealed a monster stake in the company worth $260 million.
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Inheritance under Hindu Succession Act: What happens when an heir converts A person who has converted from Hinduism to another religion, such as Christianity, is not disqualified from inheriting the property of their Hindu relatives
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Income Tax Return filing: Salaried individuals need to be aware of these 5 key points Taxpayer should define the nature of employment at the time of filing of income tax return while filing of return i.e., whether s/he is central government employee, state government employee, employee of public sector en...
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The Dollar Is at Its Strongest Since the 1980s. CanIt Last?

Wall Street Journal - 4 Jun 2024 13:01
Though the greenback is still below the recent 2022 peak, it hasn't been so consistently strong in "real" terms since the days of Paul Volcker. Back then, developed nations had to conspire to depreciate it.
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British bank accused of handling payments to Hamas A British bank has been accused of carrying out billions of dollars of transactions for funders of terrorist groups such as Hamas and al-Qaeda, according to US court documents.
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Got your annual bonus? Here are smart ways to utilize it Utilize your annual bonus to pay down high-interest debts, such as credit card balances, which can significantly reduce financial burdens and free up income for other goals..Consider investing in the National Pension Sch...
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Big Tech Companies Unplug Stock Market From Reality

Wall Street Journal - 4 Jun 2024 07:00
The big-vs.-small-stocks phenomenon reflects the same disconnects we see in the broader economy.
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