Business News

New tariff rule to allow up to 20 per cent saving in power bills by planning usa

Electricity consumers across the country will soon be able to save up to 20 per cent in power bills by planning usage during solar hours or day time as the government is set to implement ‘time of the

Britney Spears Sells LA Mansion at a Loss 'Quickly and Painlessly' For $10.1 Million

Shortly after her wedding to Sam Asghari in June of 2022, Britney Spears acquired the residence for $11.8 million, as reported by Dirt. However, in January, she enlisted the services of Bryce Pennel

Wagner Head Faces Russia Criminal Probe After Army Threat

Russia opened a criminal case against the powerful head of the Wagner mercenary group after he threatened to attack the country’s Defense Ministry for allegedly firing missiles at his fighters, as

Nvidia CEO Says Chipmaker ‘Extremely Likely’ to Invest in Europe

Nvidia Corp., the world’s most valuable chipmaker, is “extremely likely” to invest in Europe, Chief Executive Officer Jensen Huang said.

Trump wants the $5 million he owes E. Jean Carroll held as cash, not as a bond, in a weird move that saves him just $55,000

Trump hopes the $5 million he owes E. Jean Carroll can be held as cash while he appeals. The unusual move would save him the $55,500 cost of a bond.

New China-focused hedge fund bucks trend to raise more than $100 million

A new China-focused hedge fund, led by a former Hillhouse Capital Management fund manager, has raised between $100 million and $150 million, marking one of the strongest launches for a China-focused

Macquarie front-runner to buy up to 50% stake in EnergyAustralia - AFR

Australian investment bank Macquarie Group could be the front-runner to buy an up to 50% stake in electricity and gas supplier EnergyAustralia, the Australian Financial Review reported on Monday

SPVM: Value And Momentum Mix Could Disappoint

SPVM's investment strategy is value-centered, with a momentum filter added. It does not target quality names intentionally, but since the S&P 500 is the selection universe, high-profitability

PRECIOUS-Gold ticks lower, traders assess Fed rate trajectory

U.S. markets closed for holiday * Focus turns to Fed Chair Powell's testimony to Congress * Silver, platinum down (Recasts, adds comments, updates prices) By Arundhati Sarkar June 19 (Reuters) - Gold

Striking Gold With Agnico Eagle Mines: Why I'm Looking To Invest

Summary Gold is a tricky asset class to predict, with its value driven by macro headwinds and monetary policy expectations.Agnico Eagle Mines is a well-managed gold miner with operations in

The Fed has not halted this stock market rally. But here’s what could.

Evercore analysts say don't get too worked up about the Fed meeting because momentum continues to drive this stock market. And here's what might stop that.

Cava Group Set For $2.5 Billion NYSE Debut After Pricing IPO at $22 Per Share

Cava will sell 14.44 million shares of its common stock at $22 per share, the company said late Wednesday, up from its prior range of between $19 and $20 per share and the initial range of between

What is the official full retirement age? What to know about what age you can retire

While you can start withdrawing from your 401(k) in your 50s, you'll have to wait until you're in your early 60s to receive Social Security benefits.

CFOs expect economy will be worse in a year, Deloitte survey finds

North America's top finance executives have dialed down their 12-month outlooks and overwhelmingly cite economic or financial market risks as their top concern, Deloitte found.

Powell says the Fed isn’t ‘going to an every other meeting kind of approach.’ That means it is, Fed watcher says

One leading Fed watcher said the opposite conclusion should have been taken. “We didn’t make any decision about going forward, including what would happen at the next meeting, including we did not

Sam Bankman-Fried challenges post-extradition charges in Bahamas court

Fried, the indicted founder of bankrupt cryptocurrency exchange FTX, wants a US judge to throw out criminal charges brought against him following his extradition from the Bahamas.

Meet The Billionaire Buying The Ottawa Senators

With a fortune built on Canadian transportation and healthcare companies, Michael Andlauer is set to take control of the Sens.

Nvidia officially closes in $1 trillion territory, becoming seventh U.S. company to hit market-cap milestone

Nvidia Corp. officially joined vaunted company Tuesday, becoming just the seventh public U.S. company to finish a trading session in $1 trillion territory.

Here’s why a stop-and-go Fed might rattle U.S. markets

Tuesday's consumer-price index report for May brings welcome signs of easing inflation for investors, plus a more complicated task for the Federal Reserve.

Starbucks Denies Union Claim That It Banned Pride Decorations

Starbucks Corp. said it hasn’t changed its policy allowing its coffee shops to celebrate Pride month after a workers’ union said store employees in several US states had been told to take down LGBTQ

Marketmind: China inflation could spoil the weekend party

A look at the day ahead in Asian markets from Jamie McGeever. A big dollar fall, historically low volatility, lower bond yields, and Wall Street on the march with the S&P 500 joining the Nasdaq in

Target losses hover around $13 billion as shareholders bear brunt of woke backlash

Target shareholders continue to bear the brunt of the big-box retailer’s Pride controversy, as the company fell again on Thursday and loses hover around the $13 billion.

Middle-income buyers face the most severe housing shortage

Middle income home buyers in the United States are finding little on the market to buy, even if they can qualify and afford a mortgage. These would-be buyers face the most severe housing shortage of

Barely a bear: Wall Street exits down market after running 20% higher

While it seemed scary and interminable, the bear market that Wall Street just exited turned out to be meeker than most. After the S&P 500 on Thursday closed at a level more than 20% above where it

Almost 80% of Would-Be Homebuyers Fear Getting Priced Out of the Market Says Realtor.com

More than two-thirds of potential homebuyers may be sidelined if the Federal Reserve continues to hike interest rates and a lack of homes on the market push prices higher. 78% That's the percent of