Category: Business

Meta settles a child safety case with 29 US states for up to $16.7 billion, with new daily limits and nighttime blocks for teenage Facebook and Instagram users. (REUTERS/Representational Image)
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Meta reaches $16.7 billion settlement with 29 US states over child safety case

Meta has settled a major child safety case in the US involving Facebook and Instagram. The company has reached a settlement with 29 US states…

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Union finance ministr Nirmala Sitharaman delivers the keynote address during an interaction with business community members of the Indian diaspora, in Toronto, Canada (@FinMinIndia via PTI)
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India against economy’s weaponisation, says Sitharaman in Toronto; seeks investment

Global growth will be led by countries like India, which does not pose any concentration risk as it is against the weaponisation of the economy,…

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S&P 500 faces a 60-year concentration warning as Nvidia, Apple, Microsoft, Amazon and Alphabet drive the market amid rising AI bubble fears. (Pexel/Representative image) (Pexel)
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Stock market warning: S&P 500 repeats 60-year pattern as Nvidia, Apple and big tech raise market risk

The US stock market has continued to hit record levels in 2026. The S&P 500, Nasdaq Composite and Dow Jones Industrial Average have all gained…

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Nvidia stock could see a $280 billion market value swing after earnings as options traders price a 5.4% move and investors watch AI demand. (Getty Images via AFP)
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Will Nvidia stock rise or fall after earnings? Options price $280b swing

Nvidia investors are preparing for a major stock move after the company reports its second-quarter earnings on Wednesday afternoon. Options traders are pricing in a…

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Strategy's Bitcoin holdings swung from a $9.5 billion unrealized loss to a $4.7 billion profit as Bitcoin surged above $81,000 in a sharp crypto rally. (Bloomberg)
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How did bitcoin turn Strategy’s $9.5b loss into a $4.7b profit?

Strategy’s Bitcoin holdings have moved back into profit after Bitcoin’s sharp recovery pushed the cryptocurrency above the company’s average buying price. Strategy, formerly known as…

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Your credit score is a key factor that banks and financial institutions use to decide whether to lend to you and at what interest rate. (Unsplash)
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Your credit score just got more immediate

Since July 1, your credit score has been updating faster than before. If you delayed a payment last week, it may already be reflected in…

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The advertisement has triggered backlash from users on social media. (File Image)
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Why Kriti Sanon’s Rakshabandhan ad sparked major row, forced GIVA to take it down

Jewellery brand GIVA’s Rakshabandhan advertisement featuring actor Kriti Sanon has sparked a fierce debate on social media over cultural traditions, women’s clothing choices and the…

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Picking the right investment style takes luck, too. (Unsplash)
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What makes a great investor?

One day in 1992 Stanley Druckenmiller marched into his boss’s office, saying: “George, I’m going to sell $5.5bn-worth of British pounds tonight and buy Deutsche…

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A man touches the stairs as he arrives at the Bombay Stock Exchange (BSE) building in Mumbai (REUTERS/File)
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Sensex, Nifty open higher amid sharp drop in crude oil prices

Benchmark stock indices Sensex and Nifty opened in green on Wednesday, August 26, after closing higher the previous day, driven by buying in the final…

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SpaceX President and COO Gwynne Shotwell speaks with Louisiana Gov. Jeff Landry and Secretary of Louisiana Economic Development Susan Bonnett Bourgeois. (AP Photo/Gerald Herbert)
Posted in Business

SpaceX to build $100 billion Starship rocket complex in Louisiana; construction to begin 2027

SpaceX unveiled plans on Tuesday to build its largest rocket launch complex yet in southern Louisiana, a $100 billion effort to transform coastal wetlands into…

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