COST Financial News

Boeing has withdrawn a contract offer that would have given striking workers 30% raises over four years after talks broke down

Nearly a dozen officers have been injured in the French Caribbean island of Martinique during a fresh round of violent protests over the high cost of living

Social Security recipients are expected to receive a smaller cost-of-living increase in January than in recent years as inflation moderates

First, the good news: Americans are living longer than they used to.

An ex-member of the Bank of Canada’s governing body said officials should cut borrowing costs by half a percentage point later this month.

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Subscribe to enjoy similar stories. Godrej Consumer Products Ltd’s (GCPL) September quarter (Q2FY25) update highlights the challenges of tackling inflationary pressures and simultaneously pursuing growth. Its India business is likely to report high single-digit volume growth year-on-year.

Subscribe to enjoy similar stories. I don’t feel like writing this piece. I am feeling bored and Mumbai’s famous October heat is here.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Mumbai Metropolitan Region Development Authority (MMRDA) informed the Bombay High Court that it has decided to give about two months extension to bidders to study the geotechnical aspects of two road projects collectively worth over Rs 14, 000 crore.

At this year’s Thanksgiving, Canadians will find a “significant” supply of whole turkeys and at “really good prices,” farmers say.

Subscribe to enjoy similar stories. When former executives team up with an activist investor to “help" a struggling company, it is often bad news for the current chief executive. That is one implication behind activist investor Starboard Value’s $1 billion stake and its push to make changes at Pfizer, which The Wall Street Journal reported has support from former Pfizer Chief Executive Ian Read and former Chief Financial Officer Frank D’Amelio.

Subscribe to enjoy similar stories. NEW DELHI : The Centre will continue with its plan to raise ₹20,000 crore through sovereign green bonds during the second half of 2024-25 only if the market is willing to pay the green premium, two people aware of the matter told Mint. Greenium, or green premium, is the difference between the yield or the return investors receive on a green bond and a similar conventional bond.

Americans can’t remember a time when it cost as much to carry a credit-card balance.

Cedar Key, Florida resident Michael Presley Bobbitt tells Stuart Varney about the on-the-ground experience in his area following Hurricane Helenes devastation and how the federal response has been.

Federal judge orders Google to tear down digital walls around Android app store.

Subscribe to enjoy similar stories. Economists assume that individuals act rationally, always responding to incentives in their own self-interest. They are assumed by many economic models to have complete information and the ability to perfectly calculate costs and benefits.

Tata Group company Trent rallied 7.3% to its new all-time high of Rs 7,998 on the BSE today after launching its new lab-grown diamond (LGD) brand ‘Pome’ in Westside stores. Currently, the brand has been launched in select Westside stores in Mumbai, Bengaluru, Hyderabad and Gurgaon). This seems like a pilot launch by Trent aimed to test the waters with SKUs in a Kiosk format.

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says he is confident about investing in the metal sector as the metal market is about to undergo a significant change. Energy prices are stable, while demand remains strong and positive. As energy prices are expected to decrease due to the rise of renewable energy and its use in power consumption, he sees a real possibility for lower energy costs. This creates a strong opportunity for investing in metals. Additionally, consumption is on the rise, which benefits the lending industry. He anticipates that lending costs will also decrease. Some NBFCs and corporate banks with substantial assets will be in a better position for investment.

«If I look at the overall PE of the mid and smallcap, obviously they look expensive, but there are pockets which look reasonably good,» says Sridhar Sivaram, Enam Holdings. You make a good case for it, for sure. But what has not been stable or at least when it comes to earnings and this is something that you have also brought up is what is going on with the mid and the smallcaps. Are you still firmly of the view that largecaps is a safer place to be? Sridhar Sivaram: So, actually, mid and smallcap, it is such a big basket that we do find interesting ideas there where we can see strong earnings growth, like power sector is something that we really like, a lot of the power equipment companies are in the mid and smallcap space and they are growing at, say, 30-40%, a lot of the EMS companies are in the midcap space, they are growing at 30-40%. Obviously, these stocks have also rallied. But we think where there is earnings support, these mid and smallcaps can continue growing.

Subscribe to enjoy similar stories. General Motors, long a dominant player in China, was hoping to reinvigorate its faltering business in the world’s largest car market with an influx of new models over the past two years. Among them was the electric Cadillac Lyriq, a flashy luxury car that executives hoped would appeal to Chinese consumers who were increasingly gravitating to plug-in cars.