Sunil Sahil
According to the Allianz Life Insurance Company 2023 Q2 Quarterly Market Perceptions Study, rising interest rates caused a financial impact for 61% of Americans, but it hasn’t been all terrible for everyone as another 38% stated the higher interest rates have improved their financial status.1 According to the survey, there are more Americans who believe … Read more
The Dow Jones Industrial Average (DJI) dropped roughly 80 points, or 0.3%, while the S&P 500 (GSPC) fell 0.2%. With a 0.1% gain, the technologically significant Nasdaq Composite (IXIC) stood out. “Participants concurred that the Federal Open Market Committee had made significant progress over the past year in moving towards a sufficiently restrictive stance of … Read more
To closing at 33,348.60, the Dow Jones Industrial Average (DJI) increased by 0.1%. Notably, 11 of the 30-stock index’s components finished in negative territory, while 19 finished in positive territory. A five-day losing streak was snapped by the blue-chip index. Due to the robust performance of large-cap technology firms, the tech-heavy Nasdaq Composite ended the … Read more
A regular quarterly cash dividend of $1.75 per share on the Series B 7% Cumulative Redeemable Preferred Stock was also issued by the Board. Shareholders with records as of October 10, 2023 will receive the dividend on October 25, 2023. One of the top financial organisations in the world, Bank of America offers a broad … Read more
In June, the United States added the fewest jobs in two and a half years, but continuing robust wage growth indicated that the labour market was remained tight. For the majority of the afternoon, the benchmark S&P 500 remained steadily rising, but stocks began to decline as the session came to a close. According to … Read more
It goes without saying that divorce costs money. It’s difficult to predict how much divorce will cost you because costs extend far beyond paying an attorney and can have an impact on everything from your mortgage payment to your utilities and insurance. However, one thing is certain: Everyone leaves a divorce with their finances in … Read more
It’s difficult to become wealthy, especially if you’re starting from nothing and don’t inherit anything. It requires a lot of effort. However, it turns out that defining what wealth is can be almost as difficult. If you’re worrying about whether you’re wealthy or just incredibly well off, your family and friends are unlikely to sympathise … Read more
(Adds byline and NEW YORK dateline; updates prices throughout, adds tables; analyst comments in paragraphs 3, 4, and 15) by Samuel Indyk and Laura Matthews Reuters, NEW YORK/LONDON, August 21 – As speculators maintained onto huge holdings in the dollar ahead of the Federal Reserve’s Jackson Hole, Wyoming, symposium beginning on Friday, the dollar was … Read more
The day after S&P Global and Moody’s both lowered their credit ratings for select regional lenders with significant exposure to commercial real estate (CRE), shares of numerous U.S. banks plummeted. The move by S&P will increase the cost of borrowing for a banking sector trying to recover from a crisis earlier this year, when three … Read more
SSI payments are distributed in accordance with the SSA’s schedule on the first of every month. The payment will be sent in advance if the first day is a weekend, though. The payment for that month is sent on the Friday before the prior month if the first of the month falls on a Saturday … Read more
