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OPEC+ keeps oil output unchanged as Iran war pushes Brent crude closer to $100. (Pexel/Representative image) (Pexel)
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Why OPEC+ kept oil output unchanged as Iran war pushes Brent toward $100

OPEC+ decided to keep its oil production policy unchanged for October at a meeting on Sunday. The decision comes as the group faces a highly…

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Fidelity 401(k) millionaires rise as Americans continue saving for retirement. (Pexel)
Posted in Business

How did 769,000 Americans become 401(k) millionaires despite rising retirement worries?

The number of 401(k) millionaires has hit a record high.The number of Fidelity Investments 401(k) accounts with at least $1 million reached 769,000 in the…

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S&P 500 faces risks as high valuations and rate hike fears worry investors. (Getty Images via AFP)
Posted in Business

Why is the S&P 500 at risk of a crash? CAPE ratio, Fed rates and Trump policies raise concerns

The S&P 500 is close to a record high, but investors may have a reason to be careful. The index is near its all-time high…

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Donald Trump wants lower US interest rates as inflation pressures grow. (AFP)
Posted in Business

Why can’t Trump get the low interest rates he wants? Inflation, AI explain

Donald Trump wants much lower interest rates, but inflation is making that difficult. President Trump has repeatedly criticized the Federal Reserve for not cutting interest…

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Posted in Economy

Engineering goods exporters seek mandate on carbon emission certificate under EU norms

New Delhi: Engineering goods exporters have sought a mandate from the government on carbon emission certificates as without it, small companies would be unable to…

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Posted in Economy

Govt mulls FDI liberalisation in plantation sector

New Delhi: The government is considering liberalising foreign direct investment (FDI) norms in the plantation sector by bringing more commercial crops under the ambit, an…

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Posted in Economy

GST Council meeting likely to be postponed, say sources

The 57th meeting of the Goods and Services Tax (GST) Council meeting is likely to be postponed, with a final decision expected tomorrow after consultations…

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Posted in Economy

India emerges as key diesel supplier to Europe as Russian, US flows falter

New Delhi: India has emerged as a crucial source of diesel for Europe, supplying about 60 per cent of the fuel transiting the Bab-el-Mandeb to…

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The casual observer might interpret the agreement on September 3rd between Volkswagen’s management and trade unions as Mitbestimmung (co-determination) in action. (unsplash)
Posted in Business

VW’s surprise job-slashing deal is a big win for its bosses

The casual observer might interpret the agreement on September 3rd between Volkswagen’s management and trade unions as Mitbestimmung (co-determination) in action. In fact, far from…

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Its business is booming as consumers look to take charge of their health
Posted in Business

How Oura’s rings found their way onto millions of fingers

When Oura started out in 2013, wearable health devices, such as FitBits, were mostly the purview of fitness-neurotics. The company’s Finnish founders, however, had two…

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