Market News
Wells Fargo Taps JPMorgan Executive to Lead Its Credit-Card Business
Wall Street Journal - 10 Jan 2025 00:25
Growth in credit cards has been a focus for CEO Charlie Scharf.
Founder of Private-Equity Firm Backed by Wealthy Families Settles With SEC
Wall Street Journal - 10 Jan 2025 22:43
Hendrik Jordaan agreed to pay a $250,000 civil penalty but didn't admit or deny the regulator's findings.
Gold Prices Flat; Geopolitical Uncertainties in Focus
Wall Street Journal - 10 Jan 2025 02:47
Gold prices were flat in early Asia trade, but persistent concerns about geopolitical uncertainties could sustain demand for the haven asset.
Power Giant Strikes While the Iron Is Hot
Wall Street Journal - 10 Jan 2025 20:13
Constellation's deal for Calpine harnesses its AI and nuclear-powered shares for a canny deal.
How You Can See Through Wall Street's Ritual of Wrong
Wall Street Journal - 10 Jan 2025 18:00
Analysts and market strategists love to predict what markets will do in the year ahead. Don't let this misguided ritual blind you to what assets are really worth.
Trump's Potential Top Banking Regulators Tease Lighter Regulatory Touch
Wall Street Journal - 10 Jan 2025 16:54
FDIC Vice Chairman Travis Hill will call for no change in capital requirements for the largest banks in his Friday speech.
How to apply for education loan: From eligibility to benefits, all you need to know
livemint.com - 10 Jan 2025 16:34
Education loans help bridge the gap between financial constraints and access to quality education. Prudent decisions, understanding loan terms, and careful budgeting can lead to a better future. Loans cover various educa...
Mutual fund SIP inflows crossed ₹2.89 lakh crore in 2024; contributions peaked in December
livemint.com - 10 Jan 2025 16:11
Experts point out that the popularity of SIPs can be attributed to the gains accrued through rupee cost averaging. Thanks to this, investors can invest across different price points to maximise their earning margin.
U.S. Natural Gas Futures Extend Weather-Driven Gains
Wall Street Journal - 10 Jan 2025 16:01
U.S. natural gas futures rose for a third-straight session, with January weather raising demand and locking in some production.
How to check an active loan linked to your PAN card: Here are 3 different methods
livemint.com - 10 Jan 2025 15:21
Learn how to check active loans linked to your PAN card through three methods: using credit bureau services, leveraging fintech apps, or contacting the lender directly. These methods help ensure your financial records ar...
Delta outlook tops estimates as CEO expects 2025 to be airline's 'best financial year in our history'
CNBC - 10 Jan 2025 14:56
Delta's CEO said strong travel demand is driving revenue higher.
Planning to close your HDFC credit card? A simple 5-step guide
livemint.com - 10 Jan 2025 14:55
HDFC Bank offers multiple ways to close your credit card: online submission, written request, visiting a branch, calling customer care, or using the virtual assistant EVA.
Are You Selling Your Mutual Funds at the Wrong Time? Discover the Expert Strategy to Maximise Gains!
livemint.com - 10 Jan 2025 14:50
Mutual funds in India have seen significant growth, with AUM rising from ₹10.90 trillion in 2014 to ₹68.08 trillion by 2024. Investors must strategically time their exits based on financial goals, tax planning, perfo...
How to apply for instant loan with Aadhaar card: Step-by-step guide
livemint.com - 10 Jan 2025 14:34
Instant loans using Aadhaar cards facilitate quick access to funds during financial emergencies. With reduced documentation and rapid approval processes, these loans are suitable for urgent needs such as travel, medical ...
Swiggy HDFC vs HSBC Live+ vs Airtel Axis: Which credit card offers best food delivery rewards?
livemint.com - 10 Jan 2025 14:22
Compare the top credit cards for food delivery rewards: Swiggy HDFC Bank Credit Card offers the highest cashback of ₹1,500/billing cycle, followed by HSBC Live+ with ₹1,000, and Airtel Axis with ₹500. Each card has...
Walgreens results top estimates as drugstore chain works to slash costs
CNBC - 10 Jan 2025 14:17
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.
Income Tax: These deductions and exemptions are allowed only under old tax regime
livemint.com - 10 Jan 2025 14:08
Income Tax: With the introduction of the new tax regime, taxpayers are not entitled to some of the key exemptions.
Constellation Energy Agrees to Buy Calpine in $26.6 Billion Deal
Wall Street Journal - 10 Jan 2025 14:00
The merger combines two of the country's largest power generators as demand for electricity surges.
The U.S. Has More Fancy Apartments Than It Is Able to Fill
Wall Street Journal - 10 Jan 2025 14:00
America has a serious housing shortage, but not for the type of apartments that real-estate investors have been building in record numbers.
Loan moratorium extension: Everything you should know about impact and process
livemint.com - 10 Jan 2025 13:59
A loan moratorium temporarily suspends repayments, offering debtors relief during financial hardships. The specifics vary by lender and loan type, making it suitable for emergencies. While it provides temporary relief, i...
Mutual Funds vs PPF: You won't believe who's winning over Indian investors
livemint.com - 10 Jan 2025 13:39
Despite mutual funds offering higher long-term returns, PPF attracts three times more investments due to its government backing and safety. In FY24, PPFs received ₹7.18 lakh crore compared to ₹2.38 lakh crore for mut...
Is it time to rethink India's market cap classifications?
livemint.com - 10 Jan 2025 13:13
With thresholds rising sharply, expanding largecap and midcap categories could bring more flexibility to a rapidly growing market.