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Market News

Location American Market News for 20 November 2024

Tariffs Aren't the Only Trump Threat Facing Asian Economies

Wall Street Journal - 20 Nov 2024 16:00
Expectations of higher inflation resulting from Trump's policies are pushing the dollar higher, creating problems for Asia's central banks.
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Japanese stocks may see rangebound trade as uncertainty over the pace of U.S. monetary policy easing continues.
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The company's outlook was not overly concerning given its proclivity to under-promise and over-deliver.
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Personal Loan: You may consider borrowing for these 5 reasons. Check list here Personal loan: It's common to raise a loan for a number of reasons which include, but not restricted to, organising a wedding, buying a luxury item, going on a vacation and getting a house renovated, and buying expensive...
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Crypto Magnate Barry Silbert Pins His Comeback on AI

Wall Street Journal - 20 Nov 2024 20:00
The Digital Currency Group founder is launching Yuma, a decentralized artificial-intelligence company.
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In August, Nvidia said it expected about "several billion" in Blackwell sales during the January quarter.
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U.S. Crude Oil Stockpiles Increase Amid Higher Imports

Wall Street Journal - 20 Nov 2024 17:59
U.S. crude oil inventories rose last week as an increase in imports offset a decline in production, while refineries ran at a lower rate than the week before.
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Walmart and Target: A Tale of Two Retailers

Wall Street Journal - 20 Nov 2024 17:33
Is Walmart a bellwether for other retailers or the Grinch that will steal Christmas from everyone else?
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Short-Covering Pushes U.S. Natural Gas Futures Higher

Wall Street Journal - 20 Nov 2024 16:50
U.S. natural gas futures were up and on track to settle above the key $3 level amid forecasts of cold weather, which have prompted a short-covering buying spree.
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Personal Loan: Want to raise ₹10 lakh? EMI to fluctuate with these two factors; check calculator here Personal loan: If you want to raise ₹10 lakh to go on a vacation to the US, your monthly instalment on the loan will depend on the rate of interest that the bank charges and the tenure of repayment
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TJX Companies is continuing to grow sales as competitors like Target and Macy's struggle to win over shoppers.
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FM bats for rate cut: Should you lock an FD at the current interest rates? Check the latest rates here In case RBI's six-member core policy committee cuts the repo rate in its Dec meet, the lending rates would follow suit. So would be fixed deposit interest rates. Given all this, depositors are recommended to lock their F...
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Your Junk Is Needed for the New Electric Era

Wall Street Journal - 20 Nov 2024 12:30
In remote Quebec, mining giant Glencore is turning America's electronic trash back into treasure.
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Personal Loan: What you need to know about processing fees and hidden charges Personal loan: To make informed financial choices, borrowers must understand the total costs of personal loans, including interest rates and processing fees. Consulting a financial advisor and comparing multiple lender o...
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A fintech startup's challenges with India's vaunted account aggregator framework India's account aggregator system faces critical gaps three years after it was rolled out, particularly in data sharing among banks and fintech startups.
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After Sachin & Narayana Murthy, RBI Governor seen doling out investing advice in a deep fake video Deep fake: This is not the first time when fraudsters tried fleecing gullible investors with the aid of a public figure's video. Prior to this, social media has witnessed videos of Sachin Tendulkar, Mukesh Ambani and NR ...
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Have you validated your Mutual Fund KYC yet?

livemint.com - 20 Nov 2024 10:31
Have you validated your Mutual Fund KYC yet? KYC validation is crucial for mutual fund investments. An incomplete KYC can hinder new investments and complicate current management. Use your PAN and Aadhaar to validate your KYC for smooth investing.
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48% credit card users solely rely on online shopping; over 80% benefit from e-commerce offers during festive season Credit card users significantly prefer online shopping during festive sales, with over 48% relying solely on credit cards for online purchases. Discounts and offers on platforms like Amazon and Flipkart, along with cashb...
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Planning to retire with an equity-heavy portfolio? History warns against it. A year or two of poor initial returns won't affect a conservative retirement portfolio. But for an aggressive one, those initial losses will be damaging even if there is a strong recovery in equities.
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Credit card expiration: What happens when your card expires? Credit cards have expiry dates, beyond which they cannot be used. Issuers set these dates for security upgrades and to prevent wear and tear. Check the expiry on the card and statements, renew subscriptions, dispose of e...
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Target has cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.
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Oil edged higher in the morning Asian session, supported by rising geopolitical tensions in Europe which could increase the risk of oil-supply disruptions.
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