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Market News

Location American Market News for 11 June 2024

OPEC Keeps Robust Oil-Demand Outlook After Output Policy Move

Wall Street Journal - 11 Jun 2024 15:39
The Organization of the Petroleum Exporting Countries maintained its bullish outlook for oil-demand growth after setting out a plan to gradually unwind some of its production cuts, raising concerns on whether the market ...
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Oracle has been investing in generative artificial intelligence software enhancements and bringing its database to more Microsoft data centers.
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S&P 500 Extends Record Ahead of Inflation Data, Fed Meeting

Wall Street Journal - 12 Jun 2024 00:27
AI optimism drove shares of Apple higher, lifting tech stocks.
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EV Trade War Could Spread to Luxury Cars

Wall Street Journal - 11 Jun 2024 16:36
Investors are used to worrying about an invasion of Chinese electric vehicles into Europe, but tit-for-tat tariffs would instead hit Porsches heading to China.
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How to tackle concerns regarding a trustee's management of property The trustee is obligated to act in terms of the mandate given by the settlor/author of the trust under the trust deed and also perform in a bona fide manner
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Bond Investors Are Paying Up Again for Active Fund Managers

Wall Street Journal - 11 Jun 2024 16:00
About 74% of active funds beat their benchmarks in the past 12 months.
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West Bengal to implement 4% DA hike for state govt employees from April instead of May DA hike: The increase in dearness allowance was implemented from April 1, 2025
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Apple's AI Evolution Is Not Quite a Revolution

Wall Street Journal - 11 Jun 2024 13:30
The iPhone maker's late entry to the AI race comes with many features similar to Microsoft's and Google's offerings, which might curb investors' recent enthusiasm.
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Using a personal loan to build credit score? Here are some important things to keep in mind Personal loans can serve as a strategic tool for credit building, emphasising the need for careful and intentional usage.
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Wages grow faster than expected in blow to hopes for summer interest rate cuts Wages grew at a faster pace than expected in a blow to hopes that the Bank of England could begin cutting interest rates this summer.
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Eldercare-as-a-service: A panacea for remote caregivers Several elder and geriatric care services provide all-inclusive packages for kins living away from their parents in other cities or countries. But peace of mind comes at a premium
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Christy Goldsmith Romero would succeed Martin Gruenberg, who has agreed to resign.
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