2020 Financial News

Wall Street Journal columnist Bill McGurn and GOP strategist Ford O'Connell discuss the state of the U.S. economy as President Biden touts Bidenomics and his green agenda on ‘The Evening Edit.’

In the dynamic landscape of India's economy, where inflation and fluctuating market trends are becoming the norm, savvy personal financial planning has become more crucial than ever. It's not just about saving money; it's about strategic financial manoeuvring. This article explores a three-pronged approach: establishing a reliableemergency fund, adopting innovative savings techniques, and diversifying investments.

Quiver Quantitative — The recent launch of the MAX S&P 500 (SPY) 4X Leveraged ETNs, trading under the ticker 'XXXX', (XXXX) has brought exchange-traded notes (ETNs) back into the financial spotlight. Promising to quadruple the daily returns of the S&P 500, these ETNs represent the highest-leveraged trade currently available to U.S. investors. Issued by the Bank of Montreal (BMO) and MAX, their brand for leveraged and inverse products, these ETNs are marketed primarily to sophisticated investors who can actively manage their investments. However, with a fee of 0.95% and the high risk associated with such leveraged products, financial experts, including Dave Nadig from VettaFi, have raised concerns about the potential risks and costs to investors.

An independent review of Starbucks' labor relations concluded that Starbucks should better communicate its commitment to workers’ collective bargaining rights and train its employees to respect those rights

A federal judge is set to consider a request by Colorado’s cattle industry to block the impending reintroduction of gray wolves to the state under a voter-approved ballot initiative

BP says its former chief executive has been denied a payout of 32.4 million pounds, or $41 million, after he was found to have misled the company over his past relationships with colleagues

By Jody Godoy

Khaby Lame, the TikTok sensation, has achieved remarkable success on social media since he began sharing videos in 2020. Being the most followed person on TikTok, false rumors about a horrifying car crash have caused concern among fans, even though they are completely untrue, and he is alive and well.

Wipro have bounced back strongly, gaining 12% to ₹422 apiece from the November low of ₹377. This resurgence has positioned the stock in close proximity to its 52-week high of ₹443.75 apiece.

AI is having a significant impact on both present and future generations. We must proceed with extreme caution. I believe that the suggestions and ideas emerging from this summit will help us safeguard the world from the potential risks and challenges posed by the darker aspects of AI," PM Modi said while addressing the summit.

Prime Minister Justin Trudeau’s government must refocus spending on boosting investment instead of consumption to address Canada’s sluggish productivity growth, argues a new report co-written by former Bank of Canada governor David Dodge.

In a cooling market for share buybacks, $10 billion commitments from both carmaker General Motors and aerospace-and-defense giant RTX stand out for their irreversibility as well as their headline value. The companies had better be right that they won’t need the cash. RTX and GM have both entered into blockbuster accelerated share repurchase agreements with banks in recent weeks—an aggressive form of buyback that requires sending all the money out of the door at once.

Canadian wireless company Rogers Communications Inc. sold its stake in a rival telecommunications operator to Quebec’s largest pension manager, raising more than $829 million to repay debt in an effort to keep its investment-grade rating.

WASHINGTON : A looming election rematch next year between US President Joe Biden and his predecessor Donald Trump would be closely fought, a new Reuters/Ipsos poll found, with both candidates saddled with profound vulnerabilities that could cost them the White House. Biden, an 81-year-old Democrat, continues to be plagued by voters' doubts about the strength of the economy, as well as concerns about the security of the US-Mexico border and worries about crime. Republican former President Trump, 77, faces his own worries, including four criminal trials on a bevy of charges related to his attempts to overturn the 2020 presidential election and his handling of classified documents.

Alphabet (NASDAQ:GOOGL), the parent company of Google, shares experienced a decline of 1.3% in premarket trading following a court ruling in an antitrust case against Fortnite maker Epic Games Inc.

NEW DELHI : JSW Group chairman Sajjan Jindal has always dreamt of making a car. Nevertheless, in August 2017, when the group announced its intention to enter the electric passenger vehicle market, it took everybody by surprise. The electric vehicle (EV) segment was at a very nascent stage at that time and none of the mass market carmakers had anything worthwhile to offer.

₹1,446 crore. Adar Poonawalla is the CEO of Serum Institute of India (SII), which makes the Covishield vaccine. A CNBC report confirmed the deal wherein Adar Poonawalla will buy the most expensive house in London.

Established in 2020,  Coinstore, the world’s leading cryptocurrency exchange, is celebrating its 3rd anniversary by launching a series trading competitions with over 30k USDT prize pool and a series community airdrops, listing carnival and CS Lives. Many enthusiasts are joining in to mark the day.

video game developer and publisher Riot Games is hosting its debut international esports tournament in India and doubling down its investments to strengthen the grassroots ecosystem for its first-person shooter (FPS) games in India. “The ‘Convergence’ IP was created specifically with the Indian audience in mind. We wanted the Indian VALORANT fan to experience the thrill of an international tournament and it is, in reality, a thank you message to the Indian gaming community,” Sukamal Pegu, esports lead — India and South Asia at Riot Games told ET. “Since the launch of VALORANT in 2020, India has become one the biggest regions for the game in the APAC region.

Shivraj Chouhan blesses MP CM designate Mohan Yadav; says ‘I am confident..’ The CM-designate said that he will take forward the development works started by former Chief Minister Shivraj Singh Chouhan. "I am at the service of the people. I will take forward the development works started by former CM Shivraj Singh Chouhan.

Narayana Murthy now says he worked 85-90 hours: But is it really productive? Infosys did not respond to queries, it added. Expressing dissatisfaction with the modest response to return-to-office appeals, the email emphasised that the three-year work-from-home arrangement post-Covid was sufficient. It further clarified that except for medical reasons, employees are expected to resume regular office attendance.