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Kudlow panelists Kevin Brady, Art Laffer and Sandra Smith discuss how Bidenomics is falling flat with voters.

Wells Fargo CIO for Wealth & Investment Management Darrell Cronk says the April labor data was exactly what the Fed wanted to see on 'Making Money.'

Car sales in the local market rose 1.3% to 335,629 units last month. Automakers attributed the tepid pace of growth to tapering off of the post-pandemic pent-up demand that sustained for the last two financial years. A high base due to the strong growth in the last two years weighed on the year-on-year comparison, resulting in the tepid pace of growth in April. Though the growth rate moderated in April, it was the fourth consecutive month in CY24 when sales volume in the local market set a new record, as per data from Society of Indian Automobile Manufacturers (SIAM).

Supreme Court Tuesday refused to entertain a plea seeking disqualification of Prime Minister Narendra Modi from contesting any election for six years. The plea sought disqualification on the ground that the PM has sought votes in the name of «God and place of worship» during the ongoing Lok Sabha polls. A division bench of justices Vikram Nath and Satish Chandra Sharma asked the petitioner to approach the relevant authorities.

Aam Aadmi Party on Tuesday said the party's Rajya Sabha MP Swati Maliwal was harassed by chief minister Arvind Kejriwal's personal assistant and strict action would be taken against him. Over 24 hours after Maliwal made calls to the police and alleged that she had been assaulted by Kejriwal's assistant Bibhav Kumar on Monday morning, the party finally broke its silence and condemned the incident. Addressing a press conference on Tuesday, AAP senior leader Sanjay Singh said it is a «condemnable incident». «Yesterday, Swati Maliwal had gone to meet Arvind Kejriwal at his residence. While she was waiting to meet him in the drawing room, Bibhav Kumar came and misbehaved with her. This is a highly condemnable incident. Kejriwal has taken cognizance of it and will take strict action in the incident,» Singh said. This is the first statement from the party. AAP had maintained silence over the incident on Monday.

'Kudlow' panelists Kevin Brady, Art Laffer and Sandra Smith discuss how 'Bidenomics' is falling flat with voters.

Stocks drifted on Wall Street, leaving the market hovering just below the record high it set in late March

The Czech power company CEZ says its net profit in the first quarter of the year reached 13.6 billion Czech crowns or $592 million

As per a Sebi circular dated May 13, the investment team of the manager of an AIF should have at least one key personnel with relevant certification from the National Institute of Securities Market (NISM). This is an eligibility criterion for obtaining certification of registration as an AIF. The certification mentioned in the circular refers to the one given by the NISM by passing the NISM Series-XIX-C, i.e., the Alternative Investment Fund Managers Certification Examination.

The International Monetary Fund, Argentina’s biggest creditor, has agreed to release the next tranche of loans due under a bailout program

Karnataka unit of the BJP will see a big explosion of pent-up anger and frustration among its leaders after the results are announced next month, Chief Minister Siddaramaiah said on Tuesday, predicting a major electoral setback for the saffron party and a consequent blame-game in the state. All those BJP leaders, who were denied renomination to contest the Lok Sabha polls, stayed away from active campaigning for the success of official candidates. Their anger will explode after the elections as they were worried about their own political future under the leadership of BY Vijayendra, the CM said in a press statement. The BJP opted for fresh faces in about a dozen constituencies, an exercise that led to deep anguish among sections of leaders. Former State president KS Eshwarappa even rebelled and contested as an independent in Shivamogga for denying ticket to his son in the neighbouring Haveri.

Prior to his time at the London-based impact ETF issuer, he worked as sales director at Orpheus Partners and business development manager at LGBR Capital. Spells will report to ARK Invest Europe's head of sales James Thomas, who said his hire marks a «pivotal moment» for the firm and underscores its «enhanced» commitment to European investors.  AssetCo sells loss-making Rize ETF to Cathie Wood's ARK Invest «With his expertise in European market dynamics and a strong track record in selling active and sustainable strategies, Paul is well equipped to amplify our capabilities and impr...

Blackrock stood on top, with £10.1bn and £3.9bn worth of gross and net retail sales, respectively. For the first time since the final quarter of 2020, gross retail flows into its open-ended investment funds passed the £10bn mark. Legal & General Investment Management (LGIM) came second at £6.3bn in new gross business, followed by HSBC Asset Management, which recorded £4.5bn in gross retail sales. However, when counting net sales, HSBC overtook LGIM by roughly £600m, hitting £1.7bn as opposed to the latter's £1.1bn. Royal London Asset Management, Rathbones, Hargreaves Lansdown, and Art...

Car sales in the local market rose 1.3% to 335,629 units last month, and automakers attributed the tepid pace of growth to tapering off of the post-pandemic pent-up demand that sustained for the last two financial years. Though the growth rate moderated in April, it was the fourth consecutive month when sales volume in the local market set a new record, as per data from industry body Society of Indian Automobile Manufacturers (SIAM). Two-wheeler sales posted strong growth, increasing 30.8% from a year earlier to 1,751,393 units. Three-wheeler sales rose 14.5% to 49,116 units.

Odisha recorded a voter turnout of 73.97 per cent in the four Lok Sabha constituencies and 28 Assembly segments which went to the polls on May 13, an official said on Tuesday. A voter turnout of over 64.81 per cent was recorded till 6 pm on May 13. A revised figure of 73.97 per cent was released on Tuesday. In the 2019 Lok Sabha elections the voter turnout in the four Lok Sabha and 28 Assembly segments was 74.18 per cent. Lok Sabha and Assembly elections are being held simultaneously in Odisha.

Patanjali Foods Q4 Results: Baba Ramdev-led Patanjali Foods announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Tuesday, May 14, reporting a drop of 22 per cent in standalone net profit at ₹206.32 crore, compared to ₹263.71 crore in the corresponding period last year. Formerly known as Ruchi Soya Industries, the fast-moving consumer goods (FMCG) firm's revenue from operations in the fourth quarter of FY24 rose four per cent to ₹8,221 crore, compared to ₹7,873 crore reported in the year-ago period.

air quality at that time. For this purpose, district level officials are being trained, with the Union health and family welfare ministry planning to introduce a district-level action plan to tackle the impact of air pollution on health, according to officials. "The idea is to have two sets of data—one is of patients having existing breathing difficulties like acute respiratory illness and the other of those coming to hospitals for the first time with the same complications.

In a tender offer launched on 19 April, AEET proposed to purchase 18.6% of its issued share capital, representing around 18.6 million shares at a set price of 94.28 pence, a total of £17.5m. The trust said in a stock exchange notice on Monday (13 May) that the tender was significantly oversubscribed as 90.2 million shares were validly tendered, representing around 90% of AEET's share capital. Number of investment trust share buybacks hits record high but effectiveness called into question Shareholders who tendered a percentage greater than their basic entitlement (18.6%), will have...

In a trading update published today (14 May), the wealth manager posted a 4.6% increase in AUMA in the three months to 31 March, up from £59.1bn at the end of 2023, largely aided by new business and positive market movements. Net inflows into the business significantly decreased compared to a year earlier however, dropping to £300m from £700m in the first quarter of 2024, primarily due to increased redemptions. Evelyn Partners nets record £3.1bn inflows in 2023 as assets reach all-time high Group operating income increased by 9.5% over the three-month period to £178m, with growth a...

'Permanent Distortion' author Nomi Prins argues Fed policy is adversely affecting everyone on 'Making Money.'

Shares of Zydus Wellness jumped 3.8% on BSE to hit their fresh 52-week high of Rs 1,750.20 after reporting a 4% year-on-year (YoY) increase in profit after tax of Rs 150.3 crore for the fourth quarter ended March 2024. The company’s board also declared a dividend of Rs 5 per share. The record date has been fixed as July 19 to determine the list of shareholders entitled to receive the final dividend for the financial year 2023-24.