Market News
Stocks, Bond Yields Advance With Return of 'Trump Trade'
Wall Street Journal - 16 Jul 2024 00:27
Major stock indexes rose as bets on a victory by Donald Trump in November's presidential election increased. The Dow industrials rose 0.5% to a record.
Powell Signals Rate Cut Coming Into View but Declines to Say When
Wall Street Journal - 15 Jul 2024 22:44
Inflation and economic activity are cooling, in line with the Fed's expectations.
Google's Wiz Deal Won't Ease on Down the Road
Wall Street Journal - 15 Jul 2024 21:41
Big tech deals are a hard sell with regulators, but Google's huge war chest needs to be put to work.
Cleveland-Cliffs in $2.5 Billion Deal to Buy Canadian Steelmaker Stelco
Wall Street Journal - 15 Jul 2024 21:03
The company's chief executive said he remains interested in acquiring U.S. Steel, but 'my plate is full right now.'
Big Banks Helped by Wall Street Comeback
Wall Street Journal - 15 Jul 2024 18:47
Goldman, JPMorgan and Citigroup all reported double-digit gains in investment-banking revenue.
Goldman's Focus on Wall Street Boosts Earnings
Wall Street Journal - 15 Jul 2024 16:16
Goldman's overall profit increased 150% from a year ago, when the bank was in the middle of a pullback from consumer lending.
Fed Up With Their Car-Insurance Bills, Drivers Shift Gears
Wall Street Journal - 15 Jul 2024 16:00
As the average annual cost of insurance rises 12%, drivers start making changes big and small to save money on their policies.
Should UPI transactions incur fees? Amazon Pay CEO's statement fuels discussion
livemint.com - 15 Jul 2024 15:00
Stakeholders incurred ₹ 2 for processing a UPI transaction with a value of ₹ 800, RBI estimated in August 2022, apex bank suggested IMPS like charges for UPI payments.
Citi-Axis Bank credit card transition completes today: Billing cycle, reward points -- what will change and what won't
livemint.com - 15 Jul 2024 14:19SIP vs PPF: Which is the better investment option?
livemint.com - 15 Jul 2024 14:04
SIPs offer market-linked returns and flexibility, ideal for long-term goals. PPF provides guaranteed returns and tax benefits, suitable for risk-averse investors with long-term commitments.
Why Ponzi schemes and investment frauds continue to be rampant
livemint.com - 15 Jul 2024 13:38
The simplistic reason why so many people become victims of Ponzi schemes is human greed, but there is more to it.
Stock Dudes Risk a Market Wipeout
Wall Street Journal - 15 Jul 2024 13:30
After Thursday's stock market reversal, the question for investors is whether the megacap trade is over.
Burberry shares drop 15% after the luxury giant issues profit warning and replaces CEO
CNBC - 15 Jul 2024 12:56
Shares in Burberry plunged on Monday morning after a "disappointing" first-quarter performance led it to replace its CEO and axe its dividend.
ITR Filing 2024: Why should you verify your income tax return after filing it? Here are key reasons
livemint.com - 15 Jul 2024 11:48
Before their income tax forms are deemed valid, individuals must electronically validate them according to a deadline set by the Income Tax Department.
Buying a house from an NRI? Your home loan could be capped at 60% of the property value
livemint.com - 15 Jul 2024 10:52
The TDS component is a serious problem when seeking a home loan as the bank will not fund it. A home buyer has two options: ask the NRI seller to get a lower TDS certificate or pay the tax from the downpayment
ITR filing 2024: How to check income tax refund status online? A step-by-step guide
livemint.com - 15 Jul 2024 10:30
The I-T department will deposit your refund exclusively into the bank account you specified during the ITR filing process. Ensure that the bank account details you provide are pre-validated on the income tax e-filing por...
ITR Filing 2024: How can you verify your income tax return? A step-by-step guide
livemint.com - 15 Jul 2024 09:17
Verifying your ITR is crucial to confirm the authenticity and validity of your tax return.
Planning to visit your bank this week? Banks will remain closed for four days in these cities. Check here
livemint.com - 15 Jul 2024 08:09Goldman Sachs is set to report second-quarter earnings -- here's what Wall Street expects
CNBC - 15 Jul 2024 08:01
Expectations have been set high for Goldman Sachs, with Wall Street businesses in the midst of a rebound after a dismal 2023.
New Tax Regime 2024: From implications to benefits; all you need to know
livemint.com - 15 Jul 2024 07:50
Tax advantages encompass exempt employer contributions to PF and NPS, deductible interest on home loan for let-out property, and tax-free reimbursements. New tax regime simplifies tax calculation with lower rates but few...