Market News
Hedge Fund D1 Capital's Public Bets Fall 12% in December; Founder Sees Buying Opportunity
Wall Street Journal - 21 Dec 2021 20:59
The firm plans to raise money for public investments in January, according to a letter to investors, and says current volatility is a chance to "add to our highest conviction names."
These Stock Are Likely To Offer Better Returns Over Bath & Body Works' Stock
Forbes - 21 Dec 2021 14:30
We believe that Cincinnati Financial Corporation stock (NASDAQ: CINF) and Bio-Rad Laboratories stock (NYSE: BIO) are currently better valued than Bath & Body Works stock. Bath & Body Works current price-to-operating inco...
Stimulus Checks Will Be Sent Now In These 8 States
Forbes - 21 Dec 2021 00:37
You may qualify for a new stimulus check.
Turkey Rolls Out Economic Rescue Plan, Reversing Lira Spiral
Wall Street Journal - 21 Dec 2021 15:02
Turkey's currency mounted a dramatic, partial reversal from a monthslong collapse after President Recep Tayyip Erdogan announced a rescue plan to encourage Turks to put their money back into the lira.
Nike shares rise as earnings, sales top estimates, fueled by strong North American demand
CNBC - 21 Dec 2021 00:03
Nike CEO John Donahoe said the retailer is in a "much stronger competitive position" than it was pre-pandemic.
IRS Says Tax-Free Maltese Pensions Are Too Good To Be True
Wall Street Journal - 21 Dec 2021 22:51
Promoters had said Americans could realize gains on appreciated assets without tax by putting them in a Malta pension.
How much tax do you pay on equity investments?
livemint.com - 21 Dec 2021 22:34
Given that different equity assets have different tax rules, an investor must take a careful look at the suitability of an investment in terms of taxes too
Student Loan Relief: Biden Considers Extending Student Loan Payment Restart
Forbes - 21 Dec 2021 22:12
Your student loans may not be due starting February 1, 2022.
ABC of reporting capital gains in tax returns
livemint.com - 21 Dec 2021 21:51
Reporting the capital gains on mutual fund units or stocks can turn out to be a complex task for investors
Is Investing In Gold A Bad Idea? Here's What You Should Know
Forbes - 21 Dec 2021 20:43New Micron Still Grapples With Old Image
Wall Street Journal - 21 Dec 2021 19:57
The memory-chip maker's cycles have become less painful, but its stock remains heavily discounted.
A strategy to play the markets during a plunge
livemint.com - 21 Dec 2021 19:17
The markets have corrected 7% over the past 20-25 days as domestic and international factors saw investors re-evaluate portfolios
SoftBank Finalizing $4 Billion Loan From Apollo-Led Group
Wall Street Journal - 21 Dec 2021 19:06
The deal shows the Japanese conglomerate's ravenous need for cash and Apollo Global Management's push into lending, a territory traditionally dominated by banks.
NatWest Unit Pleads Guilty to Manipulating Treasury Markets
Wall Street Journal - 21 Dec 2021 18:55
The subsidiary of NatWest Group PLC will pay around $35 million in fines and other penalties, admitting its traders engaged in schemes to manipulate U.S. Treasury markets between 2008 and 2018.
Cruise Industry Keeps Calm and Sails On
Wall Street Journal - 21 Dec 2021 18:26
Cruise-line operators continue to plan for a full return to the seas, despite dozens of ships reporting cases of Covid-19.
Food Companies Are Having Trouble Keeping Up With Inflation
Wall Street Journal - 21 Dec 2021 18:11
Input costs keep surprising companies like General Mills and the result is declining profit margins.