Market News
TD Bank Faces $3 Billion in Penalties and Growth Restrictions in U.S. Settlement
Wall Street Journal - 10 Oct 2024 02:51
The expected settlement with regulators and prosecutors relates to charges that the Canadian bank's U.S. unit failed to properly monitor money laundering by drug cartels.
Gold Snaps Losing Streak Amid Inflation Questions
Wall Street Journal - 10 Oct 2024 20:25
Gold prices advanced after a hotter-than-expected CPI report injected some uncertainty into the idea of shrinking inflation and a soft-landing -- re-energizing the appetite for safe-haven assets.
SEC Sues Crypto Unit of High-Speed Trading Firm DRW
Wall Street Journal - 10 Oct 2024 19:50
The regulator is set to expand its clampdown on digital currencies by going after a major trading firm.
Secured credit cards: How do they work, are they a good bet for those with a bad credit score?
livemint.com - 10 Oct 2024 17:35
A secured credit card is offered against a security of fixed deposit. The limit of credit card is determined on the basis of this security amount. Someone who offers a security of, say, ₹3 lakh is issued a credit card ...
UPI transactions: Check all the latest limits that are now imposed on digital payments
livemint.com - 10 Oct 2024 16:13
UPI 123Pay transaction limit is raised from ₹5,000 to ₹10,000. At the same time, the limit of UPI Lite that enables PIN-less offline transaction is raised from ₹5,00 to ₹1,000. Users are permitted to opt for auto...
U.S. Natural Gas Futures Lower Ahead of Storage Data
Wall Street Journal - 10 Oct 2024 15:22
U.S. natural gas futures were lower for a fifth straight session, with the market attentive to demand prospects after Hurricane Milton knocked out power for millions in Florida.
Social Security Is Giving Retirees a 2.5% Increase, the Smallest Raise in Years
Wall Street Journal - 10 Oct 2024 15:19
Inflation has cooled, but the cost of living in retirement remains high.
Last Year's Warm Winter Likely Means Cheap Heat This Year
Wall Street Journal - 10 Oct 2024 15:00
An abundance of natural gas has kept prices low heading into the heating season.
Delta sales guidance disappoints, CEO says it expects lower demand around the election
CNBC - 10 Oct 2024 14:42
Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays.
Google Pay in talks with asset management companies to offer mutual funds on the app
livemint.com - 10 Oct 2024 13:10Want to retire early but don't know how? Here's a simple guide to calculating your FIRE number.
livemint.com - 10 Oct 2024 12:45This IPO fund puts 80% of its corpus in recently listed companies. Should you invest in it?
livemint.com - 10 Oct 2024 11:37
Edelweiss Recently Listed IPO Fund tends to perform well when markets are doing well and there are a lot of IPOs, but it struggles to generate alpha when markets are struggling.
As Conflict Spreads, Will Defense Stocks Regain Their Cold War Allure?
Wall Street Journal - 10 Oct 2024 11:30
Despite the threat of multipolar competition and a rearmament in Europe, military budgets are far from their 1980s highs.
7-Eleven's parent company cuts full-year earnings forecast, presses ahead with restructuring
CNBC - 10 Oct 2024 11:17
The news comes as the Japanese retail group resists a takeover attempt by Canada's Alimentation Couche-Tard.
Is taking a personal loan a good idea? Do's and don'ts to remember
livemint.com - 10 Oct 2024 09:55
Personal loans offer quick access to funds for various needs but require careful evaluation. This article discusses their benefits, drawbacks, and essential do's and don'ts for responsible borrowing to ensure they serve ...
Hurricane Milton to cause 'at least $60bn of damage'
Telegraph - 10 Oct 2024 09:30
Hurricane Milton is expected to cause at least $60bn (£45.9bn) of damage after it made landfall in the US, triggering rare flash flooding warnings across Florida.
Personal Loan vs. Credit Card: Which option suits you best?
livemint.com - 10 Oct 2024 08:54
Personal loan: Credit cards are ideal for small purchases, offering rewards and cashback. Personal loans suit larger expenses with lower interest rates and fixed terms. Understanding both options helps individuals make i...
The Allahbadia experience: Creators need more than views to protect careers
livemint.com - 10 Oct 2024 08:31
Content creators in India remain dangerously exposed to cyberattacks, with no dedicated insurance products to protect them.
Personal Loan: Can you avail a loan in 24 hours? Here's how
livemint.com - 10 Oct 2024 06:55
Personal Loan: In order to raise personal loan the same day, it is imperative that you apply online with a bank, NBFC or a fintech platform, upload the documents that you have handy. If your profile is approved, you may ...
Asian Currencies Consolidate; Dimmer Fed Rate-Cut Prospects May Weigh
Wall Street Journal - 10 Oct 2024 03:48
Asian currencies consolidated against the U.S. dollar in the morning session but may be weighed by dimmer Fed rate-cut prospects.
Oil Rises, Supported by Middle East Tensions
Wall Street Journal - 10 Oct 2024 02:45
Oil rose in early Asian trade. Prices remain supported by rising Middle East tensions.
Gold Edges Higher; U.S. Inflation Data in Focus
Wall Street Journal - 10 Oct 2024 02:42
Gold edged higher in early Asian trade. Investors were awaiting the U.S. CPI report due later today.