Market News
FedEx shares jump after hours as massive cost-cutting measures kick in
CNBC - 26 Jun 2024 02:54
FedEx shares jumped 15% after hours as the company begins to bear the fruits of its $4 billion cost-cutting plan.
Amazon Shares Jump, Pushing Nasdaq Higher
Wall Street Journal - 27 Jun 2024 01:08
The online retailer becomes the fifth U.S. company to reach a $2 trillion valuation.
Micron shares slide after revenue forecast fails to top estimates
CNBC - 27 Jun 2024 01:02
Micron reported better-than-expected results on Wednesday, but the stock declined on a forecast that was only in line with estimates.
Biggest Banks Can Withstand Severe Downturn, $685 Billion in Losses, Fed Says
Wall Street Journal - 27 Jun 2024 00:30
The latest stress tests find banks remained above minimum capital requirements.
What You Need to Know About the Art of Adulting
Wall Street Journal - 26 Jun 2024 22:22
A podcast series about the basics of starting to make money professionally and managing your paycheck.
Activist Investor Jana Partners to Push Cybersecurity Firm Rapid7 to Sell Itself
Wall Street Journal - 26 Jun 2024 19:25
Jana is working with investment firm Cannae Holdings.
Watchdog Says Some IRS Employees Are Sitting Around Waiting for the Phone to Ring
Wall Street Journal - 26 Jun 2024 18:11
Taxpayers reached a human about 31% of the time this tax season, according to the agency's own taxpayer advocate.
Millions Call the IRS for Help. Two-Thirds Don't Reach Anyone.
Wall Street Journal - 26 Jun 2024 18:11
Taxpayers reached a human about 31% of the time this tax season, according to the agency's own taxpayer advocate.
How to save for retirement: Investment tips for moderate risk takers
livemint.com - 26 Jun 2024 17:59
A 10% increase in mutual fund SIPs and other investments every year will boost your retirement corpus. If increasing investments is not possible, you should consider deferring the retirement date by 3-4 years.
Delayed gratification: The formula for wealth creation and happiness
livemint.com - 26 Jun 2024 16:06
The craving for instant gratification, the "Get Rich Quick" syndrome is against the laws of nature. It can make you famous but not wealthy.
Southwest Airlines cuts revenue forecast
CNBC - 26 Jun 2024 15:50
The company said it still expects record quarterly operating revenue in the second quarter.
The War Over Cheaper Ozempic Won't End Well for Some Investors
Wall Street Journal - 26 Jun 2024 15:00
Once Eli Lilly and Novo Nordisk increase the supply of weight-loss medications, companies such as Hims & Hers may find it trickier to sell compounded versions of the drugs.
Want to Bet on the CPI or Jobs Report? A Prediction Market Is Coming to This Brokerage
Wall Street Journal - 26 Jun 2024 13:30
Interactive Brokers is launching yes-or-no contracts on future economic and climate events.
Will Modi 3.0 government raise interest rates on PPF, SSY, and other small savings schemes for next quarter?
livemint.com - 26 Jun 2024 12:56
Interest rates on small savings schemes like PPF, SCSS, and NSC are under review by Modi 3.0 government
Budget 2024: Expectations for tax sops under old regime run high
livemint.com - 26 Jun 2024 12:24
Tax experts say tax sops such as standard deduction, deduction limits under section 80C, need to be relooked in light of inflation
Budget 2024: Why is it opportune for FM Nirmala Sitharaman to hike Section 80C deduction ceiling for income taxpayers?
livemint.com - 26 Jun 2024 11:50
Budget 2024: Personal Finance experts believe Finance Minister Nirmala Sitharaman should hike the 80C deduction ceiling while presenting the first Union Budget of Modi 3.0 govt
Your Questions Answered: How can I start saving for a rainy day in my late 20s?
livemint.com - 26 Jun 2024 11:35
Online security measures for mobile and net banking include updating passwords regularly, avoiding phishing attempts, and not sharing personal information. Stay vigilant and monitor account activity. Indian banks offer c...
Deliveroo jumps amid US takeover talks
Telegraph - 26 Jun 2024 11:34
Deliveroo shares jumped after US meal delivery group Doordash reportedly indicated it was interested in a takeover.
What are the common mistakes to avoid when opening a demat account?
livemint.com - 26 Jun 2024 11:03
Opening a demat account is the first step in entering the financial world. Choose between NSDL and CDSL depositories, provide correct information, and avoid common mistakes to ensure a successful account opening process.
Fixed Deposit: Bank FD rates have gone up, should you invest? Experts answer
livemint.com - 26 Jun 2024 10:05
Bank FDs offer security with no default risk and stable returns, making them ideal for risk-averse investors, especially seniors. On the other hand, fixed income mutual funds provide higher potential returns and liquidit...
Eight ITR filing lessons that first-time taxpayers should know before filing their Income tax return for FY 2024
livemint.com - 26 Jun 2024 09:01
Lessons for first-time taxpayers filing ITR, including choosing tax regime, reviewing Form 26AS, and verifying returns to avoid penalties
Income tax implications of trading in shares and F&O explained
livemint.com - 26 Jun 2024 08:05
Investments in listed shares and trading in futures & Options (F&O) may be taxed differently. Transactions in F&O are treated as business income, while gains from listed shares can be treated as capital gains