Whether you decide to buy a house early in your career or invest in SIPs and mutual funds, financial planning is of utmost importance right off the bat. Owning a house – a dream of every salaried person in India – comes at a great cost. But what if there is a better alternative to owning a house early on?
Former RBA economist, and now HSBC Australia chief economist, Paul Bloxham was polite in describing the Reserve Bank’s communication as “quite choppy”.
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“In February, the board appeared dovish and cut. In April, it was hawkish and held steady. In May, there was a dovish cut – with talk of a possible 50 basis point being discussed – while Tuesday’s event was comparatively hawkish,” he noted.
» Read more about: How everyone got the RBA’s interest rate call wrong »
BofA Global Research and Goldman Sachs have revised their year-end targets for the S&P 500 index upwards in response to diminishing policy uncertainties and expectations of reduced interest rates. BofA increased its target from 5600 to 6300, while Goldman adjusted from 6100 to 6600, suggesting a 1% to 6% upside from the recent close.
» Read more about: Wall Street Optimism: S&P 500 Targets Revised Upwards Amid Economic Shifts »
Stock Market Today: The benchmark Nifty-50 index managed to end a volatile trading session with gains of 0.24% at 25,522.50 on Tuesday, amidst an ongoing consolidation phase. The Bank Nifty at 57,256.30 was also up 0.54%. While Realty and IT were among the prominent gainers, Pharma and Auto were among the key losers.
After nearly 30 years leading the University of Oklahoma’s athletic department, longtime Athletic Director Joe Castiglione officially announced his plans to retire.
In a press conference Tuesday at Gaylord Family Oklahoma Memorial Stadium, Castiglione said the time has come to step away and spend more time with his family.
“Just seeing you all even evokes emotions,” Castiglione said,
» Read more about: Joe Castiglione, Longtime OU Athletic Director, announces retirement plans »
After sending out letters to a series of countries that will be hit with major “reciprocal tariffs” on August 1, US President Trump has further extended his global trade war,
Personal Finance
In the world of investing, there is still something of an albatross around the idea that dividends are a smart strategy. As a dividend essentially gives you and other shareholders a small reward for owning stock in the company,
» Read more about: Why I Still Defend Dividends As The Key to Actual Investing Success »
It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.
How can you tell a good mutual fund from a bad one?
» Read more about: 3 Top-Ranked Mutual Funds for Your Retirement »
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By the Associated Press
Daniel García-Peña’s return comes after he was summoned home for consultations amid diplomatic tensions between the two countries.
The Foreign Ministry said his return reaffirms the “strategic importance of the bilateral relationship” and the will to strengthen it.
U.S. major indices ended mixed on Tuesday, as the Dow Jones Industrial Average slipped nearly 0.4% to 44,240.76 and the S&P 500 edged down 0.1% to 6,225.52, while the Nasdaq posted a slight gain of 0.03% to close at 20,418.46.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
ProKidney Corp PROK closed the day with a significant gain of 515.00%,
