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Market News

Location American Market News for 7 September 2024

The Wall Street Firm That Wants Its Traders Playing Poker

Wall Street Journal - 7 Sep 2024 05:04
Trading giant Susquehanna uses Texas Hold 'em to teach its teams to make the most of risk. We asked some traders to play and walk us through their hands.
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Stock Funds Up 14.2% for Year After Snapback August

Wall Street Journal - 7 Sep 2024 18:00
The market pulled out a win for the month despite a rough patch. Also: A flashback to the 10th anniversary of the blockbuster Alibaba IPO.
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What is Bank of Baroda's systematic deposit plan? Key features to know Unlike a typical fixed deposit (FD) plan, depositors do not need to make one-time deposit into Bank of Baroda's systematic deposit plan. The deposit can be made in instalments which could be as low as ₹100 in a metro c...
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The King of Risky Hometown Bonds Is Back

Wall Street Journal - 7 Sep 2024 13:30
Former Nuveen executive John Miller begins a second act at First Eagle.
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HDFC Bank raises key lending rate for THIS tenure; check the latest MCLR for Sept 2024 here HDFC Bank has raised the marginal cost of funds-based lending rate (MCLR) for 3-month tenure by 5 basis points. The interest rates for all other tenures continue to be the same.
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NPS: These pension fund managers gave 20% CAGR return on equity investment in Tier II accounts; see details NPS: Most pension fund managers have posted five-year returns on their equity investment (Tier -II) in the range of 19-21 percent per annum. The lowest return was given by SBI-PF, while the highest return by ICICI-PF
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Got your first credit card? 8 key things you should be aware of A credit card gives you an interest-free period of 45-55 days, based on the date your credit card bill is generated. Whenever you use your credit card to buy something or to make payment for the services you bought, you ...
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Do assets received from Hindu Undivided Family partition belong to the son's HUF? In Mumbai, a HUF seeks to partition assets following the father's death. Under Mitakshara law, married sons' received assets are considered individual property, not HUF property, and will be shared with family members
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Prediction-market startup Kalshi prevails in its bid to list political contracts, beating the CFTC.
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