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Market News

Location American Market News for 30 August 2024
TotalEnergies makes what is likely the largest-ever purchase of carbon offsets from U.S. timberlands.
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Comparable sales for the second quarter fell 1.2%, compared to an 8% increase a year earlier.
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MongoDB delivered stronger results than analysts had been looking for, partly because of better cloud consumption activity than expected.
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U.S. stock indexes closed a tumultuous August with gains, riding a string of encouraging economic data to overcome concerns about the labor market.
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Goldman Sachs to Lay Off Over 1,300 Workers

Wall Street Journal - 30 Aug 2024 22:58
The layoffs are part of an annual review process that culls low performers.
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When Interest Rates Go Down, the Hucksters Spring Up

Wall Street Journal - 30 Aug 2024 18:39
An investment-advisory firm was promoting 'guaranteed' annual yields of up to 17.1%--until our columnist started asking questions.
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Don't Wait for the Next Big Data Breach to Freeze Your Credit

Wall Street Journal - 30 Aug 2024 15:00
Freezing your credit is a simple and free protection from identity thieves with few downsides.
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Nestlé Has the Right Recipe

Wall Street Journal - 30 Aug 2024 14:30
The global food giant's drama at the top obscures a solid strategy and cheap shares.
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Floundering low-cost carriers are trying to appeal to higher spenders--but pivoting away from a no-frills brand comes with perils.
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Global vs Indian Investing: Why diversification matters for your portfolio? Indian investors focus on domestic markets due to strong growth, overlooking global opportunities. Restrictions and paperwork also deter foreign investments. Global diversification offers high-quality businesses and grow...
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Investing for your child's future: Are mutual funds a good option to consider? Mutual funds can be a strategic way to secure your child's financial future, benefiting from compounding and fostering financial literacy. Essential steps include gathering documentation, selecting an investment method, ...
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Travelling abroad? Here are 3 zero-forex credit cards you can get for free A zero-forex credit card with no joining fee is a straightforward option for travellers. These cards eliminate forex fees on international transactions without the need to work hard to recover annual fees
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House prices surge at fastest pace since December 2022 House prices have jumped at the fastest pace since December 2022 as lower mortgage rates boost demand.
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