When you buy a new car, you may wonder if the warranty covers all the things that aren't covered. After all, most warranties don't cover any of the following: brake pads and rotors, batteries, windshield…
The Moneyist: My estranged husband filed a joint…
Dear Moneyist, I have an estranged husband, and we have been living separately for years. He has been filing taxes jointly without my knowledge AND now he has received my stimulus money AND my kids’…
Cash withdrawal from ATMs dips in April
Mumbai: Cash withdrawals from automated teller machines (ATMs) nearly halved to about Rs 1.27 lakh crore during April, mainly on account of the impact of the coronavirus-induced lockdown. The withdrawals were Rs 2.51 lakh crore…
Trump wants to delist Chinese companies from U.S.…
A new bill that targets Chinese companies listed on U.S. exchanges could not only "backfire" on American investors, but also hurt Wall Street — which will lobby against the legislation, a Harvard professor told CNBC on…
This CEO is on a mission to help…
When it comes to hiring a diverse workforce, Wall Street could use a little help. That's what Troy Prince, founder and CEO of nonprofit organization Wall Street Bound, is trying to do. "We know that talent and…
Lump sum flows into equity mutual funds slow…
Lump sum flows into mutual fund equity schemes slowed in May compared to the previous month, as investors kept to the sidelines following the unexpected rally in the market. In debt schemes, investors preferred the…
Here’s what happened to the stock market on…
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020.Jeena Moon | ReutersS&P 500 turns…
A niche Indian loan market hasn’t been this…
By Anurag JoshiLending by Indian banks is drying up in a niche market that is important for lower-rated companies. There has been only one deal in the rupee syndicated market since April 1, of about…
Sustainable investing is set to surge in the…
The coronavirus pandemic has altered society in immeasurable ways, including, of course, investing. Stocks that benefited from people staying home, such as Netflix and Zoom Video, outperformed expectations in the past few months, while retailers…