A2 Hosting Holiday Sale 2021

U.S. SEC seeks data from index providers over role in investment decisions

Jun 24, 2022

© Reuters. FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Wednesday requested information on the activities of financial information providers amid growing concerns over their influence on investment decisions, despite not being fully regulated. Critics have expressed concerns that information p ...read more

JPMorgan, other banks raise prime rates to match Fed's 75 bps hike

Jun 24, 2022

JPMorgan, other banks raise prime rates to match Fed's 75 bps hike The Fed raised its target interest rate by three-quarters of a percentage point, the most by the US central bank since 1994, as it seeks to tame red-hot inflation.  Inflation, which has become a hot-button political issue, has worsened with the Ukraine war, hitting market sentiment and piling pressure on to an already battered supply chain. US banks JPMorgan Chase Co, Citigroup Inc and Wells Fargo Co said ...read more

EOS Climbs 10% In a Green Day

Jun 24, 2022

Cryptocurrency 35 minutes ago (Jun 15, 2022 11:06PM ET) EOS Climbs 10% In a Green Day Investing.com - was trading at $1.0039 by 23:05 (03:05 GMT) on the Investing.com Index on Thursday, up 10.11% on the day. It was the largest one-day percentage gain since December 11, 2021. The move upwards pushed EOS's market cap up to $993.0357M, or 0.10% of the total cryptocurrency market cap. At its highest, EOS's market cap was $17.5290B. EOS had traded in a range of $0.9949 to $1.0223 in th ...read more

Global stocks, bonds rally on Fed's biggest rate hike since 1994

Jun 24, 2022

Global stocks rallied and government bond yields and the dollar retreated from multi-year highs on Wednesday as investors cheered the Federal Reserve's decision to raise interest rates by three-fourths of a percentage point, the biggest increase since 1994. Investors seemed relieved that the US central bank had met the market's expectations that it will act aggressively to tame surging inflation, and appeared for now to be comfortable with the Fed's projection that the economy is likely to slow ...read more

A llama, bagel and frisbee: Apple's new iOS 12.1 emoji

Jun 24, 2022

Top business news CNN Now playing First impressions of Apple's iPhone XS and XS Max CNN Now playing What the interest rate hike means for you Now playing Realtor.com chief economist shares her advice for homebuyers and sellers CNN Now playing Three reasons gas prices are expected to stay high CNN Now playing He predicted US inflation would rise. Hear what he thinks about a recessi ...read more

Rupee reaches 78.07 vs US dollar in early trade

Jun 24, 2022

 The rupee strengthened by 15 paise to 78.07 against the US dollar in opening trade on Thursday after the US Federal Reserve hiked interest rate by 75 basis points and signalled more rate action to fight inflation. Besides, a firm trend in domestic equities and weak American dollar in the overseas market supported the domestic unit, forex dealers said. However, unabated foreign fund outflows and surging crude oil prices capped the appreciation bias of the rupee, they added. At the interbank fo ...read more

Ferrari promises 'even more unique' electric cars

Jun 24, 2022

Please try another search Stock Markets 14 minutes ago (Jun 16, 2022 05:31AM ET) © Reuters. FILE PHOTO: A charging cable is plugged into a Ferrari SF90 Stradale hybrid sports car during a media preview at the Auto Zurich Car Show in Zurich, Switzerland November 3, 2021. REUTERS/Arnd Wiegmann/File Photo By Giulio Piovaccari and Nick Carey MARANELLO, Italy (Reuters) - Luxury sportscar maker Ferrari (NYSE:) will always produce one car less than wealthy cu ...read more

Delhi LG pushes for restoration of Gole market and its surrounding areas

Jun 24, 2022

Delhi LG pushes for restoration of Gole market and its surrounding areas According to a statement, the LG was briefed by the engineers about the structural damage over the time on the building which was declared dangerous and gradually shut down about a decade ago. According to a statement, the LG was briefed by the engineers about the structural damage over the time on the building which was declared dangerous and gradually shut down about a decade ago. Delhi Lieutenan ...read more

The Toys 'R' Us brand may be brought back to life

Jun 24, 2022

Top business news JEWEL SAMAD/AFP/AFP/Getty Images Now playing The truth about the retail apocalypse CNN Now playing What the interest rate hike means for you Now playing Realtor.com chief economist shares her advice for homebuyers and sellers CNN Now playing Three reasons gas prices are expected to stay high CNN Now playing He predicted US inflation would rise. Hear what he thinks about a r ...read more

Investors worry that U.S. profit forecasts are too high

Jun 24, 2022

Please try another search Economy 7 minutes ago (Jun 16, 2022 07:01AM ET) © Reuters. FILE PHOTO: A trader watches the screen at his terminal on the floor of the New York Stock Exchange in New York October 15, 2014. REUTERS/Lucas Jackson/File Photo By Caroline Valetkevitch NEW YORK (Reuters) -Concerns are growing that U.S. corporate earnings are increasingly at risk from dizzying inflation, a strong dollar and rising interest rates, complicating the out ...read more

IRB Infra arm achieves financial closure for Rs 6,538-crore expressway project in UP

Jun 24, 2022

IRB Infra arm achieves financial closure for Rs 6,538-crore expressway project in UP The company in a statement said that a consortium of lenders extended financial support of Rs 2,659 crore for the six-lane greenfield expressway corridor of 129.700 km (expandable to eight lanes) between Meerut and Budaun in Uttar Pradesh. The company in a statement said that a consortium of lenders extended financial support of Rs 2,659 crore for the six-lane greenfield expressway corridor ...read more

Abbott halts EleCare output from plant at center of baby formula shortage

Jun 24, 2022

Please try another search Stock Markets 36 minutes ago (Jun 16, 2022 07:55AM ET) © Reuters. FILE PHOTO: The Abbott Laboratories facility where dozens of recalled types of powdered baby formulas were made leading to production being halted at the location in Sturgis, Michigan, U.S., May 20, 2022. Picture taken with a drone. REUTERS/Eric Cox/File (Reuters) -Abbott Laboratories has stopped production of the EleCare specialty baby formula at its plant in s ...read more

Good monsoon will have no dramatic impact on food inflation, warns top economist Ashok Gulati

Jun 24, 2022

Inflation has become a pervasive problem for all the economies and India is no different. In India, the inflation is breaching the Reserve Bank of India (RBI) inflation target of 2-6 per cent month after month. But with good monsoon approaching us, many economists are hopeful of food inflation coming down. However, contesting these arguments, Ashok Gulati, chair professor for agriculture at ICRIER, says that good monsoon will not have a dramatic impact on the food inflation.  “Overall, the i ...read more