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Market News

Location American Market News for 28 August 2023
The Growing Role Of BRICS On The World Stage On January 1, 2024, the BRICS will welcome six new members: Saudi Arabia, Argentina, Egypt, Ethiopia, Iran and the United Arab Emirates (UAE).
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Administrative Bloat At U.S. Colleges Is Skyrocketing. A recent report found that on average, the top 50 schools have 1 faculty per 11 students whereas the same institutions have 1 non-faculty employee per 4 students.
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How is the sale of gifted property taxed?

livemint.com - 28 Aug 2023 19:26
How is the sale of gifted property taxed? Any immovable property, including a house, received by an individual taxpayer during any financial year (FY) without consideration, the stamp duty value of which exceeds ₹50,000, is not taxable if it is received from a...
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Why more homeowners are opting for an Airbnb listing over renting It offers people a handsome monthly income stream that is significantly higher than a standard rental yield.
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Biden's China Investment Restrictions Won't End Long Lasting U.S.-China Business By many accounts, Washington and Beijing are on the verge of a major split. But both countries have too much in common to part ways over temporary geopolitical tensions.
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What Do Fed Chairman Jerome Powell's Latest Comments Mean For Investors? Last week the Fed met at their annual conference in Jackson Hole, and as usual there has been a huge amount of attention placed on the words of the chairman.
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Economic Data Dump Could Set Pace For September A slew of economic data this week could decide if stocks storm into September or limp.
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Beijing's Stock Market Playbook Won't Work for Long

Wall Street Journal - 28 Aug 2023 14:26
China's latest moves to support the market will provide only a short-term lift without broader measures to shore up confidence.
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Will Baxter Stock Recover To Its Pre-Inflation Shock Highs? Although there has been a steady decline in the inflation rate in response to the Fed's aggressive rate hike plan, investors still have concerns about a potential rece...
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Top Bonds For Retirement Income

Forbes - 28 Aug 2023 22:36
Top Bonds For Retirement Income Corporate bonds can be a valuable building block in a retirement portfolio as they allow you to lock in attractive yields for periods ranging from a few to many years. In this article we discuss four bonds you should con...
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U.S. Stocks Advance for Second Consecutive Session

Wall Street Journal - 28 Aug 2023 22:14
Major stock indexes kick off the week with broad-based gains, recouping some losses from the summer stock-market slide.
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What To Expect From Best Buy's Stock Post Q2? We expect the retailer's stock to increase marginally post fiscal Q2 with revenues coming in line and earnings beating estimates slightly.
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Owens Corning Appears Insulated From High Rates

Wall Street Journal - 28 Aug 2023 13:00
The building-products maker is benefiting from demand for new homes.
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Instacart IPO Isn't Offering Empty Calories

Wall Street Journal - 28 Aug 2023 12:00
The grocery-delivery provider already makes an appetizing profit, though competition is picking up.
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The sports arena opened just last year. Bonds that built it recently traded at roughly 10 cents on the dollar.
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Americans Are Bailing on Their Home Insurance

Wall Street Journal - 28 Aug 2023 11:30
Some homeowners who are skipping coverage say they can no longer afford rising premiums
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Edelweiss CEO Radhika Gupta shares '5 money tips' for youngsters who have just started earning Radhika Gupta's 5 investment tips for young earners--invest early, right asset allocation, simple investments, setting goals, and enjoying your money.
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The Big Three Are Downgrading Banks, But Are They In Bad Shape? Moody's, Fitch and S&P began downgrading some U.S. banks this month, but some of the banks have adapted to the new macro-environment and are better credits than in 2021.
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College Dropout, Who Founded Popular Japanese Noodle Restaurant Chain, Becomes A Billionaire Shares of restaurateur Takaya Awata's Toridoll Holdings are on a tear, propelling him into the billionaires' club.
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Chinese Stocks Rally After Beijing Moves to Boost Market

Wall Street Journal - 28 Aug 2023 06:54
Regulators cut stamp duty and plan to reduce IPO supply.
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Are Stock Traders Ready To Jump Back In?

Forbes - 28 Aug 2023 00:31
Are Stock Traders Ready To Jump Back In? The Viper Report's Tom Aspray updates his multi-time frame analysis of the Nasdaq 100 stocks and what it will mean for stocks in September. Four tickers to watch.
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Stocks This Week: A NASDAQ September Strategy Here is a long-short strategy for the tech-heavy NASDAQ in the coming weak month of September.
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