Record News

FreedomWorks senior economist Steve Moore provides insight on the state of the economy on 'Making Money.'

Saudi Arabia and Russia reaffirmed that they will stick with oil supply curbs of more than 1 million barrels a day until the end of the year as a rally in prices falters.

Long-term energy bulls have no reason to frown, even against the backdrop of the recent halt in oil price rises.

Commonwealth Bank will be forced to offer more competitive mortgages to halt a two-month slide in market share, the first time in two decades that the country’s largest lender has recorded an overall contraction in its home loan book in consecutive months.

The biggest U.S. airlines are searching for thousands of jet-engine parts with fake safety certificates that were installed on their planes, an unusual incident that highlights the complexity and risks in the aerospace global supply chain. The spare parts, from simple nuts and bolts to more critical engine fan blades, went into dozens of jet engines made by a General Electric joint venture during maintenance work.

₹4.79 trillion over the scheme's lifespan (spanning at least five years). Amidst all these, diligent efforts have been undertaken to elevate the skill set of India's workforce to cater to the manufacturing sector's needs, particularly in high-tech and advanced industries. Thematic mutual funds with a manufacturing focus primarily invest in companies engaged in manufacturing goods and products.

Stockbroking outfit Morgans was accused of voting shares of clients without authorisation in a boardroom brawl for a dental chain that it had helped raise $35 million in a disastrous float.

The police chief who led an August raid on a small weekly newspaper in central Kansas has resigned, days after he was suspended from his post

Investors soon won’t be able to follow Warren Buffett’s every move in HP stock if the billionaire’s company keeps selling off shares of the printer and computer maker

A new report says the U.S. Census Bureau’s career staffers valiantly conducted the 2020 census under unprecedented challenges from the COVID-19 pandemic

A New York judge has imposed a limited gag order with a stern warning after Donald Trump disparaged a key court staffer during his civil business fraud trial

It took only a week for the central Kansas police chief who led an August raid on the local newspaper to go from looking like he had enough support at city hall to keep his job to resigning

President Joe Biden has announced that the manufacturers of all of the first 10 prescription drugs selected for Medicare’s first price negotiations have agreed to participate

oil trading at $100-a-barrel next year? Because a triple-digit price tag wouldn’t just mean elevated energy prices — it would also turbocharge the dollar. The combination of expensive barrels and a rampaging greenback could make crude a wrecking ball in 2024 that keeps inflation high enough to destroy growth around the world. The more oil soars, the pricier the dollar is likely to be, creating a pernicious feedback loop.

Odisha and Jharkhand on Wednesday due to a low-pressure area in the eastern region. The Meteorological department has forecast heavy rain in several districts of West Bengal till October 5 under the influence of the low-pressure area formed over southwest Jharkhand and adjoining northern Chhattisgarh. It said that light to moderate rain will occur at most places in the state during the period.

More bad news for Regal Partners’ listed VGI Partners Global Investments vehicle.

Float hopeful Masons Stevens is pushing ahead with its plans to list before the end of the year.

Coal India Ltd, part of the coal sector, has rallied by about 30% in a month which pushed the stock to a fresh record high in September 2023 and the chart pattern suggests that the rally may not be over and will continue in October. The stock rose from Rs 228 as of 30 August 2023 to Rs 297 which is the record high registered on 29 September 2023. The upside translates into a rally of about 30% in a month. Short-to-medium term investors can look to buy the stock now or on dips for a possible target of Rs 345-385 in the next 4-5 months, suggest experts. After the breakout from the critical resistance of 26-270 which proved to be a critical hurdle back in June 2019 in September 2023 provided much needed momentum to the stock. On the monthly charts, an upward-sloping trendline is giving support.

Kevin McCarthy has left the chamber in a state of paralysis until a new speaker is found. That raises the chances of a US government shutdown next month and a delay in further Ukraine assistance. Here are the next steps the House faces: Patrick McHenry, Republican of North Carolina, is now the speaker pro-tem.

Hindustan Times. It means the Chandrayaan-3 spacecraft again landed on the Moon on command, which was not planned. The ‘hop experiment’ indicates new possible opportunities for future moon missions.

By Jamie McGeever