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Location American Market News for 12 June 2024
Broadcom announced a 10-for-1 stock split and beat earnings estimates for the second fiscal quarter.
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S&P 500 Hits Fresh High After Cooler Inflation Data

Wall Street Journal - 13 Jun 2024 00:34
Fed officials project one interest-rate cut for this year.
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However, the regulator may end up receiving only a fraction, if any, of the penalty. Terraform Labs is in bankruptcy proceedings and says it has less than half a billion dollars in assets.
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U.S. Crude Oil Stockpiles Rose Last Week

Wall Street Journal - 12 Jun 2024 19:13
U.S. crude oil stockpiles rose by 3.7 million barrels last week as the country produced and imported more oil while exporting less, according to U.S. Energy Information Administration data.
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The Easy-Money Era Is Still Alive. Don't Waste It.

Wall Street Journal - 12 Jun 2024 18:28
If you still have money earning nothing, this is the moment to take stock of your cash and retool your strategy.
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Can China's Export Machine Run Without the West?

Wall Street Journal - 12 Jun 2024 17:00
Beijing looks to developing markets after facing new tariffs in the U.S. and Europe.
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Personal Loans: 7 mistakes that you should avoid for smooth repayment Personal loan mistakes to avoid include opting for a higher EMI than you can pay or a lower EMI resulting in higher interest payment, not comparing interest rates, not checking all charges, etc.
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Income Tax Return: What are the alternatives to Form 16 that can be used while filing ITR? Don't delay preparing your ITR until you receive Form 16. Calculating income and deductions manually provides a detailed view of your finances and ensures accuracy. By collecting alternative documents, you can file your ...
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Property's Big Short Isn't Going to Plan

Wall Street Journal - 12 Jun 2024 13:41
Short sellers in real estate lender Arbor Realty Trust appear stuck in a particularly expensive trade.
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Investing in India from abroad: Navigating financial hurdles for NRIs NRIs face significant hurdles, including extensive paperwork and complex KYC norms, when investing in India..Finding a reliable financial adviser is crucial for NRIs to navigate regulations, ensure compliance, and optimi...
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Global oil markets are headed towards a major glut this decade, a global energy watchdog forecast, citing surging supplies and slowing demand growth for crude thanks to lower-emissions energy sources.
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Cyber frauds: How are money mule scams impacting India's financial inclusion efforts? India's digital advancement has enabled financial services for millions, but also brought a surge in cyber fraud. Victims, often unaware, suffer financial losses and damaged credit history. Collaboration among stakeholde...
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6 famous Warren Buffett's investing mantras reignite as equity mutual fund inflows soar to ₹34,697 crore The recent AMFI data indicates that well-timed NFOs, a market rally, and the long-term belief in India's growth story by domestic retail investors have fueled the recent surge in equity investments.
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Income Tax Filing: 10 necessary guidelines that you must be aware of Submitting your income tax return stands as a crucial yearly obligation for numerous individuals in India. Equally vital is the necessity to abide by specific essential directives before completing the ITR form.
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A case for bolstering SME IPOs for the wealthy investor Last year was remarkable for small and medium enterprises, with 182 companies getting listed on SME exchanges via IPOs. But to bolster participation in SME IPOs and protect investors, the market expects a few regulatory ...
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