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Market News

Location American Market News for 20 December 2024

There's a New Obesity King

Wall Street Journal - 20 Dec 2024 20:07
Eli Lilly is now comfortably ahead of Novo Nordisk in the race to dominate the market for obesity treatments.
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Oil Drops on Strong Dollar, Weak China Demand Prospects

Wall Street Journal - 20 Dec 2024 03:57
Oil prices fell in early Asian trade on a stronger dollar and a tepid demand outlook in China.
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Gold Steady; Softer India Demand May Weigh

Wall Street Journal - 20 Dec 2024 02:08
Gold was steady in early Asian trade. The precious metal has staged a recovery after a sharp fall following the Fed's signaling of a more cautious approach to rate cuts next year, ANZ said.
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The move follows an earlier Wall Street Journal investigation that revealed a toxic and sexualized workplace culture at the bank regulator.
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The article, since removed, featured a key CoinDesk sponsor and a $6 million banana.
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Cocoa Prices Tripled in 2024. Climate Change May Keep Them High

Wall Street Journal - 20 Dec 2024 21:47
Unprecedented extreme weather boosted prices of cocoa, coffee and orange juice to new records in 2024 -- and they're showing signs of going even higher in 2025.
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You're Invited to Wall Street's Private Party. Say You're Busy.

Wall Street Journal - 20 Dec 2024 18:00
Small-time investors may soon gain easier access to so-called private markets. That usually means higher fees, greater risk, more conflicts of interest and a harder time selling.
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Oil Demand Concerns Weigh on 2025 Price Outlook

Wall Street Journal - 20 Dec 2024 17:41
Brent crude is expected to average $71.57 a barrel next year, while West Texas Intermediate is seen at $67.44 a barrel. Global oil demand growth slowed significantly this year.
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Personal Loan: Is moratorium a boon or a bane? Find out how it affects your EMI and interest payments A personal loan moratorium is a temporary period during which borrowers don't have to make any payments. But is it a relief or a trap for them? Find out here
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How American Health Insurance Got So Infuriating

Wall Street Journal - 20 Dec 2024 12:30
The UnitedHealthcare CEO shooting has sharpened the public's focus on the role of private insurers, a necessary evil in the U.S. healthcare system.
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Asset managers hoping to seize on the momentum of bitcoin funds are jockeying to put smaller tokens into exchange-traded funds.
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The Fed Cut Rates. Mortgage Costs Went Up.

Wall Street Journal - 20 Dec 2024 12:30
Surging Treasury yields have pushed borrowing costs higher.
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Mufasa: The Lion King--Key money lessons to help you rebalance your portfolio Mufasa The Lion King: In Disney's latest film, lessons from Mufasa and Taka's adventures reflect on investment strategies and the complexities of friendships. It suggests maintaining successful methods and being cautious...
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Europe's Gas Price Rise Amid Ukraine Gas Route Uncertainties

Wall Street Journal - 20 Dec 2024 11:41
European natural-gas prices rise, with leaders rushing to find a possible alternative to a contract for Russian fuel flows through Ukraine that is set to expire in less than two weeks, while demand has increased signific...
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A few lesser-known hacks to save nearly 60% on your next holiday travel Christmas 2024: Year-end holidays are ideal for exploring new destinations. Travellers should plan a budget to avoid overspending. Selecting affordable locations like Mexico City or Budapest can provide rich experiences ...
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Short-Dated Gilt Yields Fall After U.K. Retail Sales Data

Wall Street Journal - 20 Dec 2024 11:06
The yield on 2-year U.K. government bonds declined following unimpressive U.K. retail sales data which added to concerns about a weak economy.
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Can profit from cryptocurrency sale be taxed as capital gains? A guide to crypto taxation Cryptocurrency: By treating as capital gains which were taxed at 20 percent then, investors stand to save 10 percent. In this case, ITAT was hearing involved a person who bought cryptocurrencies worth ₹5.05 lakh in 201...
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HDFC Bank offers lifetime free credit cards: Millennia, Diners Club, Biz Grow, and more Credit cards: HDFC offers Millennia, Diners Club Privilege, Biz Grow, PIXEL Play and PIXEL Go cards as lifetime free. Offer valid from December 17 to January 16, Regalia Gold available as first year free.
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Low income? Here's how to secure a personal loan on ₹15,000 salary Personal loans offer quick cash without collateral, requiring a monthly salary of Rs. 15,000 for approval. Though accessible, they often carry high interest rates. It's essential to consider your financial situation and ...
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Credit cards: What is an instant loan, and should you get one? Instant loans from credit cards offer quick access to funds without lengthy approval processes. They are ideal for emergencies but come with high interest rates, prompting borrowers to assess their financial needs and ex...
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What is a loan guarantor and how does it affect your credit score? Becoming a loan guarantor will reduce your loan eligibility. A borrower default will impact your credit score negatively, and you will have to pay the loan, else the lender can take legal action.
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Credit Score vs. CIBIL Score: Which one matters more for loans? Credit and CIBIL scores are vital for borrowing. Credit scores reflect your history, while CIBIL scores, ranging from 300 to 900, influence lending decisions. Keeping a score above 700 ensures better loan opportunities, ...
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