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Market News

Location American Market News for 21 August 2026
The Singapore dollar strengthened slightly against its U.S. counterpart, as traders question the efficacy of Treasury Secretary Bessents plans.
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Gold Above $4,600 on Weaker Dollar, Debt Fears

Wall Street Journal - 21 Aug 2026 13:15
Gold Above $4,600 on Weaker Dollar, Debt Fears Gold climbed back above the $4,600-an-ounce mark as investors viewed the U.S. Treasurys plans to expand bond buybacks to bring long-term yields lower as a sign of stress, sparking a fresh round of dollar selling.
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Gold Slips Amid Changing Monetary Policy Expectations

Wall Street Journal - 21 Aug 2026 01:16
Gold declined in early Asian trade. The precious metal was likely to continue reacting to changing monetary policy expectations, said Critical Metals.
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Presumptive taxation: Earning side income from mobile apps? Why Section 44ADA could slash your tax burden For self-employed individuals in India, handling tax compliance and maintaining financial records can be complicated. Presumptive taxation offers a simpler alternative for eligible small businesses and professionals.
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Can your ₹4.5 crore corpus generate ₹4 lakh a month? Decoding the retirement math Investing the corpus in a mutual fund and setting up a systematic withdrawal plan (SWP) reduces the tax burden and creates a steady income.
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₹85.93 lakh demonetisation-era cash deposits: Tribunal asks Haryana taxpayer to plant 500 trees for one more chance A Haryana man, whose declared income was ₹1.79 lakh, faces an income addition of ₹11.22 crore. A tax tribunal offers a final chance to contest this by planting 500 trees or paying the cost within a month.
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The WSJ Dollar Index Falls 0.74% This Week to 95.33

Wall Street Journal - 21 Aug 2026 21:57
The WSJ Dollar Index ended Friday 0.1% lower and fell 0.7% for the week.
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U.S. Stocks Rise as Bitcoin Nears $80,000

Wall Street Journal - 21 Aug 2026 21:38
U.S. Stocks Rise as Bitcoin Nears $80,000 U.S. stocks rose Friday as a surging bitcoin and resilient crypto stocks helped lift sentiment.
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Energy & Utilities Roundup: Market Talk

Wall Street Journal - 21 Aug 2026 21:34
Energy & Utilities Roundup: Market Talk Find insight on oil futures, Bangchak Corp. and more in the latest Market Talks covering energy and utilities.
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Basic Materials Roundup: Market Talk

Wall Street Journal - 21 Aug 2026 21:31
Basic Materials Roundup: Market Talk Find insight on gold prices, Arkema, Solvay and more in the latest Market Talks covering basic materials.
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Tech, Media & Telecom Roundup: Market Talk

Wall Street Journal - 21 Aug 2026 21:28
Tech, Media & Telecom Roundup: Market Talk Find insight on Bitcoin, cryptocurrencies, Alibaba Group and more in the latest Market Talks covering technology, media and telecom.
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U.S. Stocks Rise as Bitcoin Nears $80,000

Wall Street Journal - 21 Aug 2026 21:04
U.S. Stocks Rise as Bitcoin Nears $80,000 U.S. stocks rose Friday as a surging bitcoin and resilient crypto stocks helped lift sentiment.
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Axis Credit Card rules change next week: These new charges and reward rules take effect from this date Axis Bank will revise several credit card rules from August 28, including higher DCC charges, a new late fee slab, changes to payment settlement and restrictions on reward points.
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Fannie Mae Hit by Turmoil in Senior Ranks as Roughly 12 Executives Are Let Go The departures are raising concerns about stability inside the government mortgage giant.
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Self-deprivation isn't a business model: Startup founder urges entrepreneurs to pay themselves, bootstrapped or funded Naturally Yours founder Vinod C. stresses the importance of paying oneself a modest salary while building a startup. He argues that financial self-punishment is unsustainable and encourages founders to manage personal ex...
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Oil Posts Weekly Gains on Simmering Middle East Tension

Wall Street Journal - 21 Aug 2026 19:39
Oil Posts Weekly Gains on Simmering Middle East Tension Oil futures ended the week higher with no progress made toward resolving the U.S.-Iran conflict, and the U.S. planning to tighten the economic squeeze on Iran rather than renew major military action.
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U.S. Natural Gas Futures Post Small Weekly Gain

Wall Street Journal - 21 Aug 2026 19:36
U.S. natural gas futures settled higher, rising for a second week in a row thanks to hot summer weather driving electricity-sector use to meet air conditioning demand.
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How much will ₹5 lakh grow in a 444-day special FD? Top PSU bank fixed deposit rates and returns compared Here is how the top public sector banks stack up for a ₹5 lakh investment based on current interest rates and quarterly compounding.
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Senior citizen benefits: India vs other nations; pension support, long-term care insurance and more Turning 60 in India offers seniors financial benefits, including higher interest rates, tax concessions, and discounts. While the government support is limited compared to other countries, it provides valuable assistance...
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Higher interest, tax breaks and discounts: Financial benefits senior citizens can avail in India Turning 60 in India offers seniors financial benefits, including higher interest rates, tax concessions, and discounts. While the government support is limited compared to other countries, it provides valuable assistance...
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Bitcoin Jumps While the S&P Heads for Weekly Loss

Wall Street Journal - 21 Aug 2026 18:38
Bitcoin Jumps While the S&P Heads for Weekly Loss Stocks were rising, but the Dow industrials were still facing their largest weekly decline since March.
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Builder delivers defective house: Can homebuyers claim repair costs and compensation? A Kerala consumer commission has ordered a builder to pay ₹25 lakh to a homebuyer after finding serious construction defects and inferior materials. The amount includes ₹20 lakh for repairs and damages, ₹5 lakh com...
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