2020 Financial News

US citizens are preparing to leave their country and are acquiring dual citizenship and buying off shore properties, ahead of the US Presidential Election in November. There is an increasing trend among those who can afford to move out expressing their willingness to leave the US. This has been prompted by a political culture that threatens violence and revenge against opponents. There are other reasons too. Trump has warned of retribution against his political opponents if he wins the election and a bloodbath if he loses, reminiscent of the attack on the Capitol Hill in 2020.

Joe Biden steps down, Kamala Harris's camp fears that Democrats would select a white candidate in her place. They contend that failing to acknowledge her would be «offensive» to black voters. After a dismal television debate with Donald Trump, Biden is facing calls to get out of the race because of his advanced age. Despite this, the Biden-Harris campaign has rejected suggestions for a younger candidate, as per the reports of 'Yahoo News'.

Indian Railways, a behemoth in the railway industry. What about monopoly in stock exchanges? Well, the BSE competes directly with the National Stock Exchange (NSE). So, there is no monopoly there.

presidential immunity and said that it is a "dangerous precedent", adding that the president is now a king above the law. The US Supreme Court on Monday ruled that former President Donald Trump is entitled to have substantial immunity from prosecution on charges of plotting to subvert the 2020 election, The New York Times reported. Calling it a «terrible disservice» to the Americans, President Biden said that the US was founded on the principle that there are no kings in America.

Fewer Americans filed for unemployment benefits last week as the labor market remains sturdy despite high interest rates

Statisticians and demographers are sounding the alarm about threats to official data gathering in the U.S. They warn that funding for the federal statistical agencies is inadequate and measures in a House appropriations bill could undermine what Americ...

Prime Minister Justin Trudeau’s summer campaign circuit will not include a stop at the Calgary Stampede.

Co-host of ‘The Big Money Show’ Brian Brenberg analyzes the latest inflation data and discusses California’s $20 minimum wage increase.

The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake

There was news recently that Luiz Amaral, CEO of Science Based Targets Initiative (SBTi), has announced he will resign soon. This followed a staff revolt at the organization after it said it would let the companies it oversees use ‘carbon credits’ to offset pollution caused by their operations or supply chains. Initiatives like tree planting generate carbon credits, which, if bought, would allow companies to use these without cleaning up their act.

Crypto exchange and derivative trading platform BitMEX pled guilty to violating the Bank Secrecy Act on Wednesday.

There is no change in the default amount as the company has reported a similar amount in previous quarters. This is because the company is not adding interest from 2021.

FHN Financial chief economist Chris Low and MacroPolicy Perspectives senior advisor Constance Hunter discuss whether inflation or the economy will slow down first on 'Making Money.'

Nifty's beginning of the July series may have been on slippery wicket, its end in the corresponding month over the last ten years are skewed in favour of the bulls. The 50-stock index has settled positive on nine occasions with highest monthly returns of nearly 9% in 2022. The next highest returns were yielded in 2020 at 7.5%, followed by 2018, 2017 and 2016 when the returns were nearly 6%, 6% and 4%, respectively. In July 2023 and 2021 the returns were 1.44% and 0.26% and Nifty fell nearly 6% in 2019.

US Supreme Court is expected to rule Monday on the most highly anticipated decision of its term — a ruling «for the ages» on whether Donald Trump, as a former president, is immune from prosecution.

Biden's train-wreck debate with Republican opponent Donald Trump followed a series of decisions by his most senior advisers that critics now point to as wrong-headed, interviews with Democratic allies, donors and former and current aides show.

Will central government employees and pensioners receive the dearness allowance (DA) arrears, as various staff unions and associations demand? After the return of Narendra Modi-led NDA government at the Centre after the recently concluded Lok Sabha polls, the Centre has received yet another proposal regarding the payment of DA arrears withheld during the COVID-19 pandemic period.

Hardik Pandya-Natasa Stankovic’s marriage has once again become the talk of the town for the wrong reasons. The ace cricketer was seen engaging in an animated phone conversation after India demolished South Africa at the T20 World Cup, while seated on the pitch with a medal around his neck. Some fans speculated whether he was talking to his wife, model-actress Natasa Stankovic. However, some Instagram users were convinced that he was not talking to his wife, but brother Krunal Pandya, who incidentally is also a cricketer.

Those with an interest can find several exhaustive, independent fact checks of claims made by Joe Biden and Donald Trump during their televised debate on Thursday night

Congress leader Jairam Ramesh on Saturday slammed Prime Minister Narendra Modi over a news report that the Adani Group has «selected eight Chinese companies to help» its solar manufacturing project and called for a strategy «to wean India of its dependence on China». He said it has to be ensured that the taxpayers' money does not benefit Chinese companies. In a post on 'X', Ramesh said, «The non-biological Prime Minister infamously told the nation on June 19, 2020, after the Galwan clashes that 'Na koi hamari seema mein ghus aaya hai, na hi koi ghusa hua hai (Neither has anyone entered our borders, nor has anyone occupied territories)'.» «However, he shows no hesitation in liberally issuing visas to Chinese workers to help one of his 'tempowallah' buddies,» he said in the post on 'X' while tagging with it a newspaper report about Adani Solar seeking Centre's nod to bring a few engineers from China.