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Location American Market News for 18 October 2026
Got refund for online shopping after cancelling order but your credit card bill still shows due amount? Should you pay? Credit card refunds usually return to the card account, reducing the balance or restoring available credit, and may take 5-14 days to appear. Here's what to do if your billing date is near but the refund has not been...
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How should you withdraw money after early retirement? Expert explains the 3-bucket strategy for your FIRE corpus The three-bucket strategy can help people achieving financial independence and early retirement (FIRE) manage expenses and market volatility. It divides investments into liquid savings for immediate needs, a balanced por...
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Anthropic to Commit 5% of Its Shares to New Public Benefit Fund

Wall Street Journal - 18 Oct 2026 23:23
Anthropic to Commit 5% of Its Shares to New Public Benefit Fund The fund could send distributions directly to populations affected by AI labor disruption.
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Some Wall Street Leaders Are Weighing Bailing on Davos in the Desert After Attacks on Riyadh Recent attacks by Houthi rebels are making U.S. executives nervous to travel to the Future Investment Initiative conference in Saudi Arabia next week.
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Wall Street Elite Cant Decide How to RSVP to the Princes Big Saudi Conference Recent attacks by Houthi rebels are making U.S. executives nervous to travel to the Future Investment Initiative conference in Saudi Arabia next week.
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₹3,000 pension won't block parents' medical reimbursement for Haryana govt employees, High Court rules The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a ₹3,000 monthly old-age pension, directing authori...
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NRI's ₹3.41 crore FCNR deposits flagged as unexplained money after tax officer mistook yen for rupees, ITAT gives relief An NRI won relief from a ₹3.41 crore income tax addition after ITAT Jaipur found that the assessing officer had mistaken Japanese yen figures for rupees. Bank records established the source of her FCNR deposits, prompt...
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Want to retire early? How to split ₹1 lakh in monthly investments between short-term goals and FIRE, expert explains Early retirement requires balancing short-term financial goals with long-term wealth creation. Expert explains how to allocate ₹70,000 or ₹1 lakh in monthly investments towards FIRE, account for inflation and choose ...
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AI Agents Trading Stocks While You Sleep? Charles Schwabs CEO Is Skeptical Schwab CEO Rick Wurster is betting some money and investing needs require a human touch.
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Best-performing SIFs: Quant leads hybrid long-short funds with 25.5% returns in 6 months; check how peers performed Quant Mutual Funds QSIF Hybrid Long-Short Fund returned 25.5% in six months, ahead of Aditya Birla Sun Life Mutual Funds Apex at 6.78%. QSIF also led over three months and since inception.
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Opinion | For Investors and Savers, TINA Is Giving Way to TARA

Wall Street Journal - 18 Oct 2026 19:20
Opinion | For Investors and Savers, TINA Is Giving Way to TARA Rising Treasury yields mean stocks will become less attractive, interest-bearing accounts more so.
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Train ticket insurance from October 27: Is it mandatory, what is the current premium, coverage and claim process? The Supreme Court has directed Indian Railways to provide mandatory travel insurance for all tickets sold at station counters from October 27, 2026. Details here.
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Flat sold 10 days after registration: How an allotment letter helped an NRI claim long-term capital gains tax benefits An ITAT Surat ruling held that an NRI's property holding period began with the 2011 allotment letter, not registration in 2016. The decision highlights why allotment documents matter when determining long-term capita...
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EPFO scheme offers up to ₹15,000 to first-time employees: Check eligibility, salary limit and payment rules Eligible first-time employees can receive up to ₹15,000 under the EPFO-linked PM-VBRY scheme. Check the salary limit, joining dates, EPF membership rules, six- and 12-month service requirements and the financial litera...
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Failed UPI, ATM or card payment? Here's when you'll get ₹100 per day for a delayed refund - Key RBI rules explained Failed UPI payments, unsuccessful ATM withdrawals and other payment errors can qualify for ₹100 per day in compensation if refunds exceed RBI's prescribed deadlines. Know the T+1 and T+5 rules, how turnaround time ...
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The Playboy Who Inherited an Empire of Gunfighters and Gold Smugglers Plus, investors show they are alive to one of the big risks in AI, and Zelensky decides to take a risk and publicly confront Trump.
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Opinion | To Give Investors Certainty, Reform Permitting

Wall Street Journal - 18 Oct 2026 15:42
Opinion | To Give Investors Certainty, Reform Permitting America needs new sources of capital, but it also needs a more predictable path to building projects.
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Eating out with family for Diwali, Dussehra? Here's why your restaurant bills may go up by 10-15% this festive season Mumbai restaurants may raise menu prices by 10-15% in the coming weeks, AHAR announced, citing higher costs for ingredients, LPG, wages, rents and transportation. This will help maintain food quality, service standards a...
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Credit report errors: How mistakes like wrong phone number will impact your credit score? 5 things you must do correctly A wrong mobile number, incorrect loan details or a missed payment recorded in your credit report could affect how lenders assess your creditworthiness. Learn five essential checks, how to dispute credit report errors and...
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Planning for your ageing parents? Dos and don'ts of protecting their money, daily support, medical needs and more A thoughtful ageing-parent plan combines financial safeguards, health preparation and safer surroundings with open communication. 
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Multi-cap vs multi-asset allocation mutual funds returns race: Key differences, 1, 3 and 5-year returns compared here Multi-cap and multi-asset allocation mutual funds follow different investment strategies. Multi-cap funds invest across large-, mid-, and small-cap stocks, while multi-asset funds diversify across asset classes. We compa...
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No ITR filed, but ITAT Jaipur still quashed the 200% income tax penalty: Here's what the taxpayer did to win the case A Sikar taxpayer faced a ₹3.99 lakh penalty after declaring ₹12.9 lakh in income following an income tax notice. The ITAT Jaipur quashed the penalty after finding defects in the assessment order and notice. Heres why...
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