Market News
Gold Edges Higher as Fed Rate Cut Prospects Support
Wall Street Journal - 12 Dec 2024 02:13
Gold edged higher in the early Asian session, supported by ongoing prospects of a Fed rate cut next week.
Yuan to Stay Stable on Economic Fundamentals, Chinese State Media Says
Wall Street Journal - 12 Dec 2024 03:51
Potential tariff hikes from the U.S. have caused some volatility in the yuan and raised speculation that China may devalue the currency to help exporters.
Oil Rises; Focus on Fed, IEA Report
Wall Street Journal - 12 Dec 2024 03:36
Oil rose in early Asian trade. Oil has priced in a little geopolitical risk premium on the tightening of sanctions against Russia by the U.S. while prospects of a Fed rate cut may also be boosting market sentiment, ANZ R...
Nikkei Up 1.4%, Led by Tech, Electronics Stocks
Wall Street Journal - 12 Dec 2024 02:16
Japanese stocks were higher, led by gains in tech and electronics stocks, as hopes continue for the Fed's rate cut next week.
Adobe shares plunge 13% on disappointing revenue guidance
CNBC - 12 Dec 2024 21:27
Adobe shares tumbled after the software vendor issued revenue guidance that fell short of analysts' estimates.
Activist Starboard Value Takes Stake in Bitcoin-Mining Company Riot
Wall Street Journal - 12 Dec 2024 16:35
Starboard wants Riot to convert some of its bitcoin-mining facilities into space for big data-center users.
Mastering the art of investing: Build a portfolio that lasts
livemint.com - 12 Dec 2024 15:39
Timeless principles and smart strategies to secure your financial future, one investment at a time.
Will my health insurance cover bariatric surgery if it is a necessity?
livemint.com - 12 Dec 2024 14:21
Bariatric surgery, while generally excluded from health insurance coverage, can be payable if specific conditions are met.
Google's Quantum Boost Doesn't Really Compute
Wall Street Journal - 12 Dec 2024 13:30
Alphabet's sagging stock has been primed for any good news, but quantum computing's payoff is years away at best.
Investors Shouldn't Count on Much Help From the Fed Next Year
Wall Street Journal - 12 Dec 2024 12:30
Markets still expect two or three rate cuts in 2025. That could be too optimistic.
World's richest beggar owns Mumbai flats worth ₹1.4 crore: His net worth will blow your mind
livemint.com - 12 Dec 2024 11:32
Bharat Jain, known as the world's richest beggar, has a net worth of ₹7.5 crore. Despite his wealth, he donates generously and highlights the complexities of India's begging industry valued at ₹1.5 lakh crore, showca...
Mistakes people make when porting a health insurance policy
livemint.com - 12 Dec 2024 11:19
You may lose continuity benefits such as an exhausted waiting period or no-claim bonus
Top 4 credit cards that let you stay at luxury hotels for free
livemint.com - 12 Dec 2024 10:26
Credit cards are essential for modern spending, offering benefits like discounts and cashbacks. Different types cater to various needs, such as travel. Selecting the right card can enhance spending while managing financi...
Why do we spend more with credit cards? The hidden psychology behind it
livemint.com - 12 Dec 2024 10:18
While credit cards provide rewards and ease of payment, they can encourage overspending and debt. To avoid financial pitfalls, individuals should set budgets, limit card use for essentials, pay bills in full, and maintai...
Struggling with no job? Here's how to get an instant personal loan
livemint.com - 12 Dec 2024 10:15
Instant personal loans for the unemployed provide quick credit but often come with higher interest rates and smaller amounts. To improve chances of approval, applicants can show alternative income, use a guarantor, offer...
Need personal assistance? THESE luxury credit cards offer concierge services
livemint.com - 12 Dec 2024 10:12
Luxury credit cards provide exclusive privileges for affluent customers, including concierge services for travel and lifestyle needs. The SBI Card Elite, IndusInd Legend, HDFC Diners Club Black, and Axis Bank Reserve are...
Smart systematic transfer plans can help navigate market volatility: Amit Suri of AUM Wealth
livemint.com - 12 Dec 2024 10:05
Amit Suri, founder of AUM Wealth, highlights strategies for managing market volatility, including smart systematic transfer plans. He emphasizes the importance of client education and advises on credit card management an...
Credit card rent payments: Is it a smart financial move or a risky choice?
livemint.com - 12 Dec 2024 09:51
Credit card payments for rent have become less appealing due to service fees imposed by banks. However, third-party apps continue to facilitate these payments, offering rewards despite the costs. Users should be cautious...
Credit Score: How is increased awareness driving financial inclusion beyond metros
livemint.com - 12 Dec 2024 09:46
The rise in credit score awareness among over 119 million Indians, particularly in rural regions, is reshaping financial inclusion. Digital tools are empowering individuals, especially women, to track scores, leading to ...
Insurers must report claims data in greater detail to improve accountability
livemint.com - 12 Dec 2024 09:28
Several different cuts of claims data should be reported. We should know the claims performance by customer segment and product, for instance, rather than just the company-level numbers.
Not meeting personal loan eligibility? THESE steps can help you fix it
livemint.com - 12 Dec 2024 09:00
Personal loans are popular due to no collateral requirements and flexible usage. Loan applications can be rejected for various reasons, but this doesn't eliminate future borrowing chances. Maintaining a good credit profi...
New Year 2025: How can you stick to your credit resolutions without fail?
livemint.com - 12 Dec 2024 08:53
Establishing credit resolutions for 2025 can enhance financial health by promoting timely payments, reducing debt, and maintaining a low credit utilization ratio. Regularly checking credit reports helps identify errors t...