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Market News

Location American Market News for 4 August 2023

A Goldilocks Job Market is in Sight

Wall Street Journal - 4 Aug 2023 16:51
Unemployment fell, but immigration and more young people and women working could cool a still-hot labor market
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Warner Bros. Discovery Earnings Call Reveals Progress On Debt Mountain, But Streaming Subscribers Down Warner Bros. Discovery reported downbeat earnings across the board for the second quarter.
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Following Tough Earnings, What's Next For The Solar Theme? Our theme on Solar Stocks - which includes solar panel manufacturers, systems installers, and component suppliers - has declined by about 15% year-to-date in 2023, com...
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SBI has been, is and will be largest home loan lender, says chairman Dinesh Khara Khara said that SBI home loan book grew 13.47 per cent to ₹6,52,548 crore in Q1FY24, compared to ₹6,40,680 crore in Q4FY23 and from ₹5,75,075 lakh crore in Q1FY23.
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The key, says the famed investment adviser, is to hold enough safe, boring assets to keep you from panicking when the value of your other assets plummets.
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Icahn's Firm Cuts Dividend in Half After Activist Pressure

Wall Street Journal - 4 Aug 2023 16:26
Icahn Enterprises also said it would wind down bets that the stock market would collapse, which have inflicted heavy losses.
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How To Find The Best Sector Mutual Funds 3Q23 With an ever-growing list of similar-sounding mutual funds to choose from, finding the best is an increasingly difficult task.
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The answer: It depends on the commodities and how you buy them.
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Has the "Goldilocks Job Market" Arrived?

Forbes - 4 Aug 2023 15:42
Has the In the children's tale of Goldilocks, we learn that porridge (or any other food) is best served when it is not too hot and not too cool - in other words, when it is ju...
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What To Expect From Capital One Stock?

Forbes - 4 Aug 2023 15:00
What To Expect From Capital One Stock? Capital One's stock (NYSE: COF) has gained 22% YTD, as compared to the 19% increase in the S&P500 over the same period.
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What's Next For Johnson Controls Stock After An 8% Fall Yesterday? Johnson Controls stock (NYSE: JCI) dropped 8% in yesterday's trading session after an in-line Q3 performance and lower guidance.
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Stablecoins Offering Less Stability for Coinbase

Wall Street Journal - 4 Aug 2023 13:08
Declining interest revenue from stablecoins is one of many headwinds for the crypto exchange.
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Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal

Wall Street Journal - 4 Aug 2023 12:33
The Tel Aviv-based firm is embroiled in an alleged multibillion-dollar fraud involving faked letters of credit, and may fire its founders.
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Congress Ended a Tax Break. How That May Help Higher Earners

Wall Street Journal - 4 Aug 2023 11:30
Some people are being pushed into saving in Roth 401(k)s, but they may come out ahead despite losing a key tax deduction.
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Amazon Shines During Apple's Off-Season

Wall Street Journal - 4 Aug 2023 11:30
One tech titan snaps its growth slump, while the other remains mired in it.
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Stocks Have Had a Great Year. Cue the September Effect.

Wall Street Journal - 4 Aug 2023 11:30
September is traditionally the weakest month for U.S. stocks. This year, investors say the turning of the calendar should be especially worrying.
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SBI latest fixed deposit rates 2023: SBI Wecare vs SBI Amrit Kalash. Check FD rates here State Bank of India offers special fixed deposit schemes with higher interest rates, including SBI We Care and SBI Amrit Kalash.
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WPP Slashes Sales Forecasts As North American Tech Firms Cut Spending Falling tech spending in the USA prompted the FTSE 100 firm to cut its like-for-like sales estimates for 2023.
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Waiting for income tax refund? Government has this warning for you Tax refund scam messages are circulating after the July deadline for income tax return filing in India.
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Life insurance: How CLTP approach can help bridge the protection gap For this solution to work, three fundamental shifts are required: customer-centric design, analytics-powered targeting and innovation over status quo
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CRCS Sahara refund portal: Amit Shah transfers initial refund to depositors Sahara Refund Portal: Amit Shah on Friday transferred the initial refund of ₹10,000 to 112 depositors of cooperative societies of the Sahara Group
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Top MFs: These mutual funds gave up to 22% returns in one year The top 10 aggressive hybrid funds in India have delivered up to 22% returns in one year. Taxation rules for hybrid funds are similar to those for equity mutual funds
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