Category: Business
Did the Clarity Act pass today? Here’s what happened to the crypto bill
A push for landmark US cryptocurrency legislation collapsed on Tuesday after Republicans and Democrats in Congress failed to bridge months-old differences over ethics, banking and…
Why are US stocks falling today? Oil, 5% Treasury yields and AI fears hit Wall Street
US stock futures fell on Tuesday as investors worried about oil, interest rates and AI stocks. Higher crude oil prices, rising Treasury yields and growing…
Sensex up by 400 points, Nifty above 23,500 as stock markets open in green
The Indian stock market saw some relief today with both Sensex and Nifty50 opening in the green. As per the official websites, Sensex is up…
India’s retail inflation rose to 4.8% in August, oil fuels rate hike bets
India’s retail and wholesale inflation rose marginally in August, broadly in line with expectations, but recent developments in energy markets could put further upward pressure…
India, MERCOSUR to expand preferential trade agreement signed in 2009
Commerce minister Piyush Goyal and Uruguay’s foreign affairs minister Mario Lubetkin on Monday announced the launch of negotiations to expand the preferential trade agreement (PTA)…
Retail inflation rises to 4.82% in August from 4.45% in July
India’s annual retail inflation jumped to 4.82% in August from 4.45% in July, driven by higher food and fuel prices and strengthening a case for…
Rates for tankers to India rise by 150 percent as West Asia crisis escalates
Daily charter hire rates for tankers to India have more than doubled to $250,000 in about two weeks, as escalating hostilities in the Red Sea…
AI stocks at risk? Why Sam Altman and Dario Amodei want to slow AI development
Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman have both said that AI companies may need to slow down the development of increasingly powerful…
Stock market crash warning? Margin debt hits $1.5 trillion as investor risk soars
The US stock market has had a very strong run for most of the last four years. The Dow Jones Industrial Average, S&P 500 and…
Scott Bessent warns of new Iran sanctions: Why a ‘large bank’ will be targeted Monday
The Trump administration is preparing to sanction a “large bank” next week, Treasury Secretary Scott Bessent said. Bessent did not reveal the name of the…