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Market News

Location American Market News for 3 September 2024

Fears of Economic Slowdown Spark Stock-Market Selloff

Wall Street Journal - 4 Sep 2024 00:38
The Dow industrials slid more than 600 points and the Nasdaq Composite shed 3.3%.
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Retail investors remain impulsive sellers: 5 key money lessons to achieve your financial goals A recent Sebi study on investing patterns hints at the impulsive behaviour of retail investors. However, it is vital to understand the significance of long-term investing to meet financial goals.
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Income tax: Scores of taxpayers get I-T notices under section 148; can be challenged, says ICAI ex-chief Ved Jain Section 148 of the Income Tax Act grants an assessing officer the power to either assess or re-assess any taxable income that was wrongly computed and has not been assessed as per the provisions.
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Relief to taxpayers: How to access CBDT's new e-dispute resolution system-- a step-by-step guide A taxpayer can opt for the e-dispute resolution system against the 'specified order', which includes an order in which the aggregate sum of variations proposed or made is lower than ₹10 lakh and returned income for the...
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Personal Loans: From eligibility, interest rates to the application process; all you want to know about them Personal loans: When a sudden financial need happens to outstip your financial ability, one of the most feasible alternatives is to raise a personal loan which is an unsecured loan
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Philip Belamant, Zilch's CEO, told CNBC the firm was able to hit profitability by growing rather than cutting back like other fintechs have done.
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Equity returns: How much should you really expect?

livemint.com - 3 Sep 2024 14:03
Equity returns: How much should you really expect? The bull market is leading investors to believe that the returns from equities in the last few years will continue forever.If you see the red flags of excesses in your portfolio, you might need professional help
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China Needs More Factory Robots. Can It Build Its Own?

Wall Street Journal - 3 Sep 2024 13:30
Local production of industrial robots is rising, but Japanese and European makers still have a role.
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Dreaming of studying abroad? 7 vital steps to secure the perfect education loan Education loans are vital for Indian students pursuing studies abroad, driven by high aspirations and career goals. Proper financial planning, thorough research of loan options, and timely application are essential for a...
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Americans Are Really, Really Bullish on Stocks

Wall Street Journal - 3 Sep 2024 07:00
Individuals are taking a peek at their 401(k)s and rejoicing.
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Japanese bank stocks rose as the yield on the 10-year Japanese government bonds touched near a one-month high.
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