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Location American Market News for 12 August 2024
The death of a former Green Beret sparks an outcry about the all-nighters and 100-hour weeks that grind down young investment bankers.
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S&P 500 Holds Steady Ahead of Fresh Economic Data

Wall Street Journal - 13 Aug 2024 00:20
The Nasdaq has advanced in four of the past five trading days.
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The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
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AI Is About to Boost Power Bills---Who'll Take Heat for That?

Wall Street Journal - 12 Aug 2024 15:00
High prices are a windfall for power plant owners but are starting to raise difficult questions.
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What's stopping AMCs, insurers from entering remote markets like Kargil? Kargil's population is only served by LIC when it comes to accessing investment products other than FDs and RDs.
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Mandatory disclosure: Reporting foreign ESPP holdings in schedule FA Any asset owned overseas by a resident, other than a not ordinarily resident, must be disclosed in Schedule FA of the income tax return, irrespective of the value of such assets
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Will switching to a consultant role at ₹1 crore salary save you tax? Depends on your expenses Those contemplating such a change must also consider whether forgoing job security and taking up additional tax compliances are worth it..
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Is it the end of road for debt mutual funds after budget brought in new capital gains tax norms? Debt mutual funds can help investors tide over poorly performing equity market phases if the tax playing field is level.
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Battle with inflation is not over yet, warns Bank of England official The battle against inflation is not yet over, an interest rate setter at the Bank of England has warned.
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Planning to go to the US for higher studies? 5 key details international students should know International students travelling to US on a student visa need 'F1' visa to enter, and they are not permitted to enter the country earlier than 30 days before the start date.
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How covid-19 losses prompted a plant manager to revisit his financial strategy Rudrapur-based Gagneesh Kumar approached a Sebi-registered adviser to find out what were the missing pieces in his investment portfolio
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Revisiting IA regulations: Why part-time advisors may not be the answer Can someone who is already doing other activities or pursuing other professions or employment have the bandwidth to professionally provide investment advice?
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