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Love & Money: As alleged $46M online-dating scam shows, lonely-hearts are the biggest target for scam artists in America

MarketWatch - Personal Finance - Sat, 08/24/2019 - 14:16
‘We believe this is one of the largest cases of its kind in U.S. history,’ U.S. Attorney Nick Hanna told a news conference.

Beat the System: The dirty secret about most ‘fixer uppers’

MarketWatch - Personal Finance - Sat, 08/24/2019 - 14:15
The findings of a new survey appear to go against the interests of the company that paid for it.

Options for index investing and how to invest in such products

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
Investing in the index is a passive strategy, which helps manage risk and gain consistent returns.

Public sector banks go all out to push cheaper retail loans

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
Union Bank also introduced two products — the repo-linked home loan and repo-linked vehicle loan at 8.25% and 8.6% respectively.

Steps for homebuyers next week: Nirmala Sitharaman

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
Sitharaman has said that the government will unveil a fresh set of measures by the middle of next week, aimed at resolving the problems faced by homebuyers.

Union Bank links home, auto loans to repo rates

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
Already State Bank and seven other state-run banks have announced that their new loans and deposits will be priced to the repo-rate.

High yielding ‘AAA’ NCDs draw big inflows as banks cut rates

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
Inflows at Rs 3,000 crore, Tata Cap issue sees highest interest at Rs 2,235 crore.

Ingenico Group ties up with IKEA India to enable digital payments

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
IKEA will be launching its online shopping services in Mumbai, followed by Hyderabad

Bandhan Bank teams up with Standard Chartered Bank for a co-branded credit card

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
The credit card will be for Bandhan Bank customers while the credit risk will be borne by StanChart, one of the leaders in the credit card market with 1.2 million credit card base.

NBFCs can use Aadhaar-based bank KYC to give loans

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
Recently, the government amended the Prevention of Money Laundering (PMLA) Act to allow digital KYC.

PSU banks to give documents within 15 days from closure of loans

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
There have been problems faced by the banks' customers' in getting the loan documents back once the loan payments have been finished.

Home, vehicle, other retail loans to become cheaper: FM Nirmala Sitharaman

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
Addressing the media, Sitharaman also said that banks will pass on RBI rate cut benefits to borrowers through MCLR reduction.

Finance minister announces much-awaited stimulus; should mutual fund investors rejoice?

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
The stock market has been going through a rough phase lately due to the widespread pessimism in the economy.

Govt announces new measures to boost demand in auto sector

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
The auto sector is facing slowdown for the ninth straight months. In response to the slowdown, the companies have resorted to job cuts and production cuts to keep costs in check.

FM pushes banks to pass on rate cuts faster, link interest on loans to repo rate

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
"Today's environment demands that the banks be more reasonable with this," said Sitharaman.

From Oct 1, all income tax notices to be resolved in 3 months from reply date: FM

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
The Finance Minister today in a press conference announced that tax notices to be disposed off within three months from date of reply.

12.19 lakh new jobs created in June: ESIC payroll data

Wealth-The Economic Times - Sat, 08/24/2019 - 14:05
Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by National Statistical Office (NSO) stated.

In One Chart: Jobs in America: Here’s the No. 1 highest paid, most in-demand job in every state

MarketWatch - Personal Finance - Sat, 08/24/2019 - 14:01
CareerBuilder crunched data on the lucrative professions that are growing at a faster rate than the national average.

12 Tech Stocks That Wall Street Loves the Most

Kiplinger Personal Finance - Fri, 08/23/2019 - 21:28

Markets have been so volatile this summer on U.S.-China trade tensions that investors might not have noticed: Tech stocks are absolutely red-hot in 2019.

Indeed, the technology sector of Standard & Poor's 500-stock index is leading the broader market by a mile this year, with a year-to-date gain of 29% through Aug. 21. By comparison, the S&P 500 is up about 17%, while the tech-heavy Nasdaq Composite Index has risen 21%. (The second-best performing sector is real estate, up 25%.)

Stellar gains are always welcome, but they do pose a challenge for investors. After such a big run-up, is there anything left worth buying at current levels?

Analyst sure think so. Between momentum and the sector's outsize growth prospects, plenty of tech stocks have nowhere near topped out, they say.

To see which picks analysts like best at this point, we screened the Nasdaq Composite for the top-rated small, midsize and large tech stocks. S&P Global Market Intelligence surveys analysts' ratings on stocks and scores them on a five-point scale, where 1.0 equals Strong Buy and 5.0 means Strong Sell. Any score of 2.0 or lower means that analysts, on average, rate the stock a Buy. The closer the score gets to 1.0, the better.

Here are the 12 tech stocks the analysts love right now. This group is broken down into the four best-rated stock picks in the small-, mid- and large-cap spaces.

SEE ALSO: All 30 Dow Stocks Ranked: The Analysts Weigh In

Stop Fighting, Start Planning: How to Build a Retirement That Satisfies Both Spouses

Kiplinger Personal Finance - Fri, 08/23/2019 - 14:02
Conflict between couples is natural, especially when it comes to something as important as your financial future. Don't let it keep you from coming to a consensus and taking action.

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