Category: Business
Gold price today: Why gold is falling as oil rises and Fed rate hike bets grow
Gold prices fell on Tuesday as rising oil prices increased inflation worries. Investors are now waiting for key US inflation data this week to understand…
Chinese carmakers are bringing their factories to the world
When Ford opened the industry’s first large-scale overseas outpost, in Manchester in 1911, it set the route by which ambitious carmakers went from dominating at…
Oil prices surge 3%: Why Brent is nearing $100 as Middle East war risks grow
Oil prices climbed to multi-week highs on Tuesday as fears of a wider Middle East conflict grew. Brent crude rose to around $99 a barrel,…
Govt puts executive PLI Scheme in public sector banks on hold; AIBOC calls it victory of collective unity
The Department of Financial Services (DFS), Ministry of Finance, has decided to keep in abeyance the payment of Performance Linked Incentive (PLI) to Scale IV…
Samsung India lays off 100 executives as electronics business under pressure: Report
Samsung India is reportedly cutting its workforce as its consumer electronics business faces heat due to rising input costs, weaker sales, and margin pressure. The…
AI Is Disrupting Software Companies—but Not as Fast as Many Feared
Not too long ago, Salesforce and other corporate-software companies were getting punished by investors convinced that their expensive off-the-shelf products would soon be replaced with…
Subdued start for Sensex, Nifty with crude threats, global tension impacting markets
Indian stock market indices Sensex and Nifty opened lower on Tuesday, September 8, after closing at six-week lows in the previous session, as sentiment remained…
Gasoline prices hit record $4.15 on Labor Day as Iran war keeps oil costs high
Gas prices have reached a record high for Labor Day this year. The national average price for regular gasoline was $4.15 per gallon on Monday,…
Apple stock rises 18% ahead of Sept. 9 event: Is it still a buy?
Apple stock has gained 18% so far this year, putting the company ahead of major tech peers such as Microsoft and Alphabet. With Apple’s Sept….
Could the stock market crash? This warning has appeared just 6 times in 155 years
The US stock market is near record highs, but one historic valuation warning is flashing again. This warning has appeared only six times in the…