Wall Street’s best week of 2024 closes with indexes near their records

NEW YORK — U.S. stocks closed out their best week of the year with more gains on Friday and climbed to the cusp of their records. The S&P 500 rose 0.5% for a fifth straight gain and is just 0.7% below its all-time high set in July. Rallies for Microsoft, Broadcom and other big technology … Read more

Personal Loan Secrets: 8 crucial factors for choosing the right lender

Personal Loan Secrets: 8 crucial factors for choosing the right lender

Personal loans are a convenient solution for meeting one’s immediate financial needs in today’s world. Whether it’s for a dream vacation, managing expenses, or advancing a career, personal loans have become a popular option for many. However, choosing the right lender can be challenging with so many options available. To make a smart decision, it’s … Read more

FD interest rate: Union Bank offers up to 8.15 percent on 333-day fixed deposits

FD interest rate: Union Bank offers up to 8.15 percent on 333-day fixed deposits

Union Bank of India has recently revised its interest rates on fixed deposits and now it offers a special interest of 7.4 percent to regular citizens on term deposits of 333-day tenure. Senior citizens, meanwhile, are entitled to an extra 50 basis points i.e., 7.9 percent on the term deposit of same tenure, while super … Read more

TSX falls to 2-month low as financials, resource stocks slide

TSX ends down 1.2% at 21,698.11 * Posts its lowest closing level since April 17 * Energy falls 3.1% * Financials end 1.2% lower By Fergal Smith June 13 – Canada’s main stock index fell to a near two-month low on Thursday, weighed by declines for financial and commodity-linked shares, as investors worried that the … Read more

Personal Loans: 7 mistakes that you should avoid for smooth repayment

Personal Loans: 7 mistakes that you should avoid for smooth repayment

However, while the bank makes the loan sanction and disbursement part smooth, you should make sure the repayment part is smooth. Let us discuss some personal loan mistakes you should avoid for smooth repayment. Also Read: Applying for a personal loan? Here are essential dos and don’ts you must keep in mind Opting for a … Read more

US yields jump as job growth surges, wage gains accelerate in May

June 7 – Benchmark 10-year U.S. Treasury yields posted their biggest daily jump in two months on Friday after data showed that U.S. job growth accelerated far more than expected in May, leading traders to pare back expectations that the Federal Reserve could begin cutting interest rates as soon as September. Non-farm payrolls increased by … Read more

How to manage your personal loan efficiently? Here are 5 best ways

How to manage your personal loan efficiently? Here are 5 best ways

Personal loans play an important part in the financial landscape, providing individuals and businesses with the financing they need to fulfill their objectives. Effective loan management, on the other hand, necessitates a complete grasp of the loan lifecycle as well as the use of best practices at each stage. Personal loans are a useful instrument … Read more

Why Devina Mehra is bullish on silver

Why Devina Mehra is bullish on silver

“Even compared to gold, silver is beginning to look good. Unlike gold, silver also has some linkage to industrial demand. The US leading indicator on industrial production is also looking good. So, all this put together bodes well for silver,” she says. Barring some legacy stock holdings, about 90% of Mehra’s investments are channeled through … Read more

‘Priced to Perfection’ Starts to Unravel as Debt Markets Get Jitters

(Bloomberg) — Credit investors got a dose of economic and geopolitical reality this week as hawkish comments from central bank officials about borrowing costs and tensions in the Middle East sent jitters through debt markets. The pullback was triggered in part by comments from Federal Reserve Bank of New York President John Williams, who said … Read more

L’Oreal Gains Cap Third Week of Declines for European Stocks

(Bloomberg) — European stocks declined for a third straight week due to geopolitical tensions and worries about higher-for-longer interest rates. L’Oreal SA rallied after better-than-expected quarterly sales. The Stoxx Europe 600 Index was little changed by the close, after earlier dropping as much as 0.9%. The index still fell more than 1% on the week.  … Read more