COST Financial News

11.06 / 16:28

COST Waters Southern Food poverty politician Extended power outage that hit Puerto Rico angers and worries many during heat advisories

Towns in central and southern Puerto Rico are struggling to emerge from a prolonged power outage that has forced authorities in the U.S. territory to activate an emergency response team

11.06 / 16:28

COST Target Progressive economy President show reports inflation data Inflation data this week could help determine Fed's timetable for rate cuts

After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts

11.06 / 16:27

COST UPS Waters community President In Wyoming, Bill Gates moves ahead with nuclear project aimed at revolutionizing power generation

Bill Gates and his energy company are starting construction at their Wyoming site for a next-generation nuclear power plant he believes will “revolutionize” how power is generated

11.06 / 16:27

markets COST UPS FIVE reports rights What the new 'buy now, pay later' rule means for small businesses offering the service

“Buy now, pay later” services are a popular way that shoppers pay for goods

11.06 / 16:27

COST MET Hyundai wellness travelers Department Georgia Gov. Brian Kemp journeys to South Korea in sixth overseas trip

Georgia Gov. Brian Kemp is on his way to South Korea in his sixth overseas trip as governor

11.06 / 16:27

COST Death Experts Universities show testing patient Alzheimer's drug that can slow disease gets backing from FDA advisers

Federal health advisers have endorsed a closely watched Alzheimer’s drug from Eli Lilly for people with mild dementia

11.06 / 16:27

COST Sustainability community country World Bank approves a $1 billion loan for Pakistan's key hydropower project

The World Bank has approved $1 billion for the construction of Pakistan’s biggest Dasu hydropower project, which is being built in the country’s northwest with China’s help

11.06 / 16:27

COST UPS wellness pandemic Experts travelers US gas prices are falling. Experts point to mild demand at the pump ahead of summer travel

Gas prices are once again on the decline across the U.S. That's bringing some relief to drivers now paying a little less to fill up their tanks

11.06 / 13:59

COST UPS Target Election cover social FMCG stocks: Steady monsoon, social welfare thrust likely to aid growth, says Anand Rathi; lists top picks

Also Read: Marico share price up over 31% in less than 3 months. Good time to buy?The brokerage noted that the results of the 2024 general election, particularly the loss of seats in key states like UP and Maharashtra, could prompt the Union government to intensify its focus on social welfare.With upcoming state elections in Maharashtra and Bihar in 2024 and the Budget likely scheduled for July, the brokerage anticipates increased allocation for social welfare schemes, which would boost rural income.The India Meteorological Department (IMD) forecasts above-average monsoon rains at 106% of the long-term average this year.

11.06 / 13:45

COST UPS social reports travelers Features In Andhra Pradesh, Chandrababu Naidu won a political battle; next is fiscal

Chandrababu Naidu has made history by becoming the first chief minister of Andhra Pradesh to get a fourth term, outperforming his father-in-law and TDP founder NT Rama Rao who had got three terms in united Andhra Pradesh.

11.06 / 13:11

COST UPS Interface Boxing Motorola Features CMF Phone 1 India price leaked ahead of launch: Everything we know so far

Realme GT 6 confirmed to be powered by Snapdragon 8s Gen 3 chip, feature 5,500mAh battery: All we know so farAs per a leak by tipster Yogesh Brar on X (formerly Twitter), CMF Phone 1 will have a box price of ₹19,999 for the 6GB RAM/128GB storage variant. Moreover, the leak suggests that the actual cost of the phone may be around the ₹17,000 - ₹18,000 mark.Do note that this is the tipped price of the device and the actual retail price will only be revealed during the official launch.Also Reas | Best phones under ₹15,000 in June 2024: Motorola G64, Samsung Galaxy F15 and moreReportedly, the CMF Phone 1 is likely to be rebranded version of recently launched Nothing Phone (2a) with a less powerful chipset and no glyph interface.

11.06 / 10:43

markets COST Election track consequences reports IT companies' revenue revival seen delayed to FY26

focus of IT companies on cost rationalization. But that has not helped contain earnings downgrades. Putting everything together, a significant turnaround in revenue growth is not expected before FY26.

11.06 / 10:43

markets COST Target Manufacturing performer innovations International This 100-year-old hidden corporate group is geared up for the future

increase in middle-class income and the growing aspirations of the people. The rise in internet usage has also led to the founding of many new startups. With India's large population, there is a greater demand for solutions to problems and innovations that make lives easier.

11.06 / 10:43

markets COST Citi Target security performer reports Trent, Westlife Foodworld, and Relaxo: Axis picks top retail stocks after Q4 results

Trent, Westlife Foodworld and Relaxo Footwear as its top picks in the retail space.In a review note, the brokerage highlighted mixed performance among retail companies. Premium retailers have maintained their growth momentum, while value retailers are experiencing a gradual recovery and Quick Service Restaurants (QSR) continue to face challenges, it said.

11.06 / 10:21

markets COST UPS pandemic show 2020 reports Homeownership costs in the US surged 26% since the start of 2020

Madison Ventures managing director Mitch Roschelle analyzes the housing market and reveals some of the best places to live outside of big cities on 'The Big Money Show.'

11.06 / 09:57

markets COST UPS show exclusive Interviews Rate Cut NOT Rate cut not enough to get most Canadians off housing market sidelines: poll

The first interest rate cut from the Bank of Canada in more than four years will not be enough to help most prospective homebuyers feeling sidelined by high borrowing costs, new polling suggests.

11.06 / 08:11

COST FIVE cover reports Updates DA hike for bank employees: Dearness allowance from May to July 2024 announced; latest update on 5-day bank work week

Dearness allowance for the bank employees will be 15.97% for May, June and July 2024. In a circular dated June 10, 2024, the Indian Bank's Association (IBA) said, «In terms of clause 13 of the 12th Bipartite Settlement dated 08.03.2024 and clause 2 (i) of the Joint Note dated 08.03.2024, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of May, June & July 2024 shall be 15.97% ‘of ‘pay’ (0.01 % change in DA on ‘pay’ for change in every second decimal place of CPI 2016 over 123.03 points).»

11.06 / 07:59

COST CEO Action Align consequences information rights OpenAI and the Altman ouster attempt: Corporate governance gone wrong?

When OpenAI was founded in 2015, its primary objective was to “advance digital intelligence in the way that is most likely to benefit humanity as a whole." The path it chose to achieve this was to build large language models, a computationally intensive exercise that had only just become achievable at scale because of recent advances in modern chip design. This, however, was going to require significant investment, and in order to raise these funds while staying true to its prime objective, OpenAI decided to put in place a complex corporate structure to separate ownership from control.

11.06 / 07:59

markets COST FIVE security Sustainability Research Experts IRFC, RVNL, BoB to IRCTC: Is it wise to buy PSU stocks as Nirmala Sitharaman retained FM in Modi 3.0 cabinet?

Modi cabinet 2024: After the formation of the Modi 3.0 government in New Delhi and Nirmala Sitharaman being retained as Finance Minister, the market is expecting continuity of the business and economic policies for the next five years. From the Indian stock market, investors must have their fingers crossed that PSU stocks will deliver the same kind of returns in the next five years.

11.06 / 07:59

markets COST Target Trade show consequences reports Silver prices slip another 2%, down 11% in 9 sessions; what's behind the fall?

Also Read: Gold price dips ahead of US Fed meeting. Opportunity to buy in this correction?Currently, Comex silver is trading at $29.2 per ounce, down $3.27 from its 11-year high of $32.75, marked on May 29. Domestically, silver prices on the MCX fell to ₹88,161 per kilo in today's session.

11.06 / 06:27

markets Blockchain COST CEO security zk Nexus Raises $25M in Series A Funding For Zero-Knowledge Cryptography

Nexus has secured $25 million in a Series A funding to develop verifiable computation through zero-knowledge cryptography.

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