COST Financial News

Investing.com — Headline U.S. consumer price growth accelerated in February, while the underlying measure was faster than anticipated, in a sign of sticky inflationary pressures that could complicate the timing of potential Federal Reserve interest rate cuts this year.

Bernstein sees Bitcoin's price hitting $150,000. In a note to clients this week, the firm told investors to buy Bitcoin miners as the recent underperformance «is probably the last window before halving.»

Today's spotlight is on the crucial US CPI report, with estimates suggesting potential declines in both the monthly and annual core CPI.

NEW DELHI : Jet Airways received a glimmer of hope for its revival after an appellate tribunal directed the bankrupt airline’s lenders to hand over the company to its successful bidder, the Jalan-Karlock consortium, within 90 days. The National Company Law Appellate Tribunal on Tuesday also upheld the resolution plan for Jet Airways, which has been grounded since 2019 amid mounting debt and a liquidity crisis. The National Company Law Tribunal had in January 2023 allowed the handover of Jet Airways’ ownership to the Jalan-Karlock consortium.

Sales of luxury watches suffered a “severe downturn” last year as well-heeled buyers turned cautious amid geopolitical concerns and fading enthusiasm for pricey timepieces, a new report has found.

Last year, Mexico became the United States’ biggest trading partner, surpassing Canada and China for the first time. This humiliating fact is simply the latest statistic that illustrates Canada’s economic decline since Prime Minister Justin Trudeau took power in 2015.

Reddit has curbed its own enthusiasm. It’s a start. The 18-year-old social network that is finally preparing to go public plans to sell 22 million shares at a price range of $31 to $34, according to updated initial public offering papers filed on Monday.

UltraTech Cement, ACC, Ambuja Cements, Shree Cement share price have remained volatile and down up to 5% during last one week. While the Cement stocks had seen sharp rally till February, it is the weakness in Cement prices that is one of the reasons attributed by analysts for volatility in share prices now.

in-plant railway siding project (of Maruti Suzuki) was inaugurated by PM Modi in Gujarat on March 12. The project is at Hansalpur in Gujarat's Mehsana district. Modi inaugurated it virtually from a function in Ahmedabad. Modi also inaugurated and laid the foundation stone of Rs 85,000 crore railway projects, including the launch of 10 new Vande Bharat trains, from Sabarmati area of Ahmedabad. He also visited the Dedicated Freight Corridor's (DFC) Operation Control Centre. The project is under PM Gati Shakti mission, in collaboration with the Gujarat government, Indian Railways, and MSIL. The cost of the project is Rs 976 crore. This is the first time in India that an automobile company has established an in-plant railway siding, Rahul Bharti, MSIL's Executive Officer for Corporate Affairs, said.

Congratulations, you’ve just been promoted. Wait, you were expecting a raise with that big, new job? So-called dry promotions—the kind that bring bigger responsibilities without a pay increase—present a career dilemma. And some data suggest they’re becoming more common as companies manage their talent with tighter budgets.

inaugurated the first phase of the south Mumbai coastal road between Worli and Marine Drive on March 11. The inauguration was kicked off by the CM flagging off iconic red Brihanmumbai Electric Supply and Transport (BEST) electric buses ferrying women and a vintage car rally on the opened stretch of the road. Named the 'Dharmaveer Sambhaji Maharaj Coastal Road' after Chhatrapati Sambhaji Maharaj, the inauguration date was selected to be on his death anniversary (March 11).

A personal loan can be utilised to fund your wedding expenditures, with numerous banks in India providing dedicated personal loans designed for weddings. These loans are promoted as a means to support your ideal wedding without the burden of financial strain. Typically, they come with the following features:

I booked a residential apartment in March 2021 and paid ₹50 lakh ( ₹18 lakh down payment + 38 lakh home loan), which is being sold for ₹95 lakh now. The apartment is now ready for possession. But instead of taking possession, I want to sell it. What happens if I sell it out now? Does it attract capital gains?

Heat pumps that fit in an apartment window could make a big impact in reducing greenhouse gas emissions that contribute to climate change

President Joe Biden has issued a budget proposal for a second term aimed at getting voters’ attention with tax breaks for families, lower health care costs, smaller deficits and higher taxes on the wealthy and corporations

Libraries across the U.S. are struggling to cover the cost of e-books, which have grown in popularity

Consumer prices likely rose last month at a pace that would exceed the Federal Reserve’s inflation target, underscoring why the Fed is being cautious as it considers when to cut interest rates and suggesting that inflation will remain a potent issue in...

edtech unicorn's ongoing liquidity concerns, arising from a dispute with investors regarding funds raised in a recently concluded rights issue offering, it added. Also Read | Byju's was in need of an experienced guide, says former SBI Chief Rajnish Kumar As part of the restructuring plan led by Byju's India CEO Arjun Mohan, the company has directed all employees to work from home indefinitely, excluding those operating from around 300 of Byju's Tuition Centres.

initiated the implementation of the Citizenship Amendment Act (CAA) 2019. It wil grant citizenship to non-Muslim migrants from Pakistan, Bangladesh and Afghanistan. This decision has stirred strong reactions in Assam.

By David Lawder

By David Shepardson