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Market News

Location American Market News for 17 September 2024

Mets Owner Steve Cohen to Stop Trading For His Hedge Fund

Wall Street Journal - 18 Sep 2024 01:09
The billionaire plans to remain at the firm and focus on strategy and mentoring.
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Government increases PF withdrawal limit to ₹1 lakh, likely to hike salary ceiling: Report The labor ministry has implemented various changes to the EPFO's operations, including a new digital framework and updated guidelines to enhance flexibility and responsiveness, minimizing inconveniences for subscribers, ...
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JPMorgan Chase could become the new Apple credit-card issuer, but is seeking concessions from the tech giant.
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The Battle Brewing Over Blood Tests for Cancer

Wall Street Journal - 17 Sep 2024 15:00
Positive results of a colon cancer study conducted by Exact Sciences prompt the CEO of competitor Guardant Health to publicly challenge his rival to a bet.
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Credit Cards: 5 pitfalls you must avoid to maximise your benefits Credit cards help manage finances, especially for salaried individuals. Avoid mistakes like not checking your credit score, ignoring eligibility criteria, providing inaccurate information, and not reading terms.
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Salesforce Needs to Sell Its Latest AI Vision

Wall Street Journal - 17 Sep 2024 14:00
The cloud pioneer hopes AI agents make a splash at its Dreamforce conference and rejuvenate growth prospects.
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Income Tax: How can a middle-class salaried employee optimise for taxes? Income Tax: Salaried employees can optimise their taxes by leveraging deductions such as 80C and 80D, and by making contributions to the National Pension System. Proper salary structuring and understanding investment tax...
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Budget won't stifle growth, insists Starmer

Telegraph - 17 Sep 2024 10:26
Budget won't stifle growth, insists Starmer Rachel Reeves' first budget will not include any policies that harm economic growth, Sir Keir Starmer has declared.
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The invisible burden on low-income workers that's equivalent to a 35% tax paid by crorepatis Compulsory contributions to insurance and pension plans are a heavy burden on workers below the income-tax threshold, according to some experts.
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Do NRIs have less advantage than residents on indexation benefits The benefit of indexation for the purpose of computing long-term capital gains, arising on or after 23 July 2024, has been removed for all taxpayers except under one circumstance
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