Citi Financial News

With home prices high, American families are grappling with the prospect that homeownership might remain out of reach for them for a long time

Subscribe to enjoy similar stories. The Union budget presented by finance minister Nirmala Sitharaman on Saturday can be framed against two major shifts in the Indian economy. First, the splendid economic recovery after the pandemic shock has begun to lose steam.

Subscribe to enjoy similar stories. Hamas militants stood guard Saturday ahead of a hostage handover in Khan Younis, Gaza. Hamas released two more Israeli hostages in a relatively subdued procession Saturday, after a chaotic handover earlier in the week sparked an outcry that threatened to snarl the Gaza cease-fire deal.

Taber, three hours southeast of Calgary.She was married, had a family, worked as a realtor and died three years ago at the age of 81.It was only after her death on January 21, 2022 that her secret life and her real name was made public.Glabus was in fact a fugitive killer and prison escapee named Sharon Kinne in a case that began in the 1960s and stretched from Missouri to Mexico to Canada.Kinne, who married at 16, was living in a ranch home in the Independence, Missouri, area in March 1960 when her 25-year-old husband, James Kinne, was shot in the back of the head while napping. Independence is just outside of Kansas City.The mother of two told police she had heard her 2-year-old daughter ask, “How does this thing work, daddy?” Then there was a gunshot.Sharon Kinne said she ran into the bedroom and found the toddler holding her husband’s .22-caliber semiautomatic pistol.

AMRUT scheme, tap water coverage has increased to 70 per cent while sewerage coverage has risen to 62 per cent across 500 cities, according to the Economic Survey. The document tabled in Parliament on Friday noted that the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) has created or augmented water treatment capacity of 4,649 million litres per day and developed 2,439 parks, adding 5,070 acres of green space.

Economic Survey 2024-25 talks about several initiatives to foster sustainable urban development and governance.

Subscribe to enjoy similar stories. MUMBAI : India's insurance penetration at 3.7% is much lower than the global average of 7%, and there is a “notable gap" in the country's insurance coverage, said the Economic Survey 2024-25 on Friday. This lag in insurance coverage presents opportunities for insurers.

Subscribe to enjoy similar stories. Hamas wants to send the world the message that it is still in charge in the Gaza Strip. Its method: turning the release of hostages into a spectacle that Israel is powerless to stop.

Subscribe to enjoy similar stories. More than three years into China’s housing crisis, there is still no sign of its ending. Now, as private and locally-owned developers keep faltering, the sector is becoming more state-dominated.

Bengaluru Traffic Police (BTP) will restart towing vehicles parked in no-parking zones across 22 high-density corridors and 75 major junctions, including key areas in the Central Business District (CBD). The move aims to improve traffic discipline and prevent congestion caused by illegal parking.

Following the death at the weekend of Carter McIntosh, a 28-year-oldassociate in Jefferies' telecoms media and technology (TMT) team, it's been suggested on social media that Jefferies immediately began advertising for a replacement. It didn't. Images circulating on social media showing an advertisement for a Dallas-based technology banking associate are understood to be fake.

Deutsche Bank isdoing a Citi. After cutting €200m in costs last year, removing 3,500 jobs from across the bank and getting 75% of the way through its program of «operational efficiencies,» it plans to cut another €300m in costs this year. It will do so, in part, by cutting managers. 

Officials say Dubai International Airport, the world’s busiest for international travel, saw a record 92.3 million passengers pass through its terminals in 2024

Subscribe to enjoy similar stories. Waymo will test its self-driving taxis with trained human autonomous specialists behind the wheel. Waymo is preparing to test its self-driving taxis in more than 10 new cities across the U.S.

Kansas City Chiefs prepare to face off against the Philadelphia Eagles on February 9 in New Orleans, fans will see “Super Bowl LIX” emblazoned across banners, tickets, and broadcasts. But why does the NFL insist on using Roman numerals instead of simply calling it "Super Bowl 59"? The answer lies in a decades-old tradition that gives the championship game a timeless, almost regal feel—except for one rare exception.

J.M. Smucker Co. chief executive Mark Smucker leaned on close advisers when he made the decision to bolster the jelly and coffee company through a US$5.6-billion acquisition in 2023 of Hostess Brands Inc., an equally well-known name in food, and they came from a seemingly unusual place: a Canadian bank.

Subscribe to enjoy similar stories. BTB Marketing, a wholly owned subsidiary of B9 Beverages Ltd, is targeting ₹200 crore in revenue by FY26 with plans to expand its popular beer chains and taproom outlets across cities. The company aims to open 25 new outlets, with most of the growth set to come from The Beer Cafe chain, which has 51 locations nationwide, Rahul Singh, vice president of the pubs and taprooms division at the company, told Mint.

Nissan Motor is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker’s urgent efforts to return to profitability

Utah leaders, locals and longtime attendees of the Sundance Film Festival are making their final push to keep the world-renowned independent film festival in the state as its directors consider uprooting it

Moscow City Tourism Committee is in discussions with the Indian government for a 'group-free visa regime,' allowing a specified number of tourists travelling together in a group to enter Russia without a visa. «When there is a group of tourists travelling together to Russia, the particular number should be mentioned in the document for the visit to become visa free. For example, in the Chinese document, the group should be 10-20 people. The Russian government is in talks with the Indian External Affairs Ministry for a final agreement on the number of people comprising a group from India to avail this facility,» Moscow City Tourism Committee Chairman Evgeny Kozlov told PTI.