Department Financial News

Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don’t jump back to the highs they hit late last year

The Los Angeles City Ethics Commission has rejected a proposed settlement between the city and former CBS executive Les Moonves

The Justice Department has announced a series of arrests and indictments against Russian businessmen and their facilitators in five separate federal cases that span New York, Florida, Georgia and the District of Columbia

The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs

Yemen’s Houthi rebels have launched attacks on both Israel and a ship traveling through the Gulf of Aden

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department of telecommunications (DoT) is not keen to intervene in the matter of shutting down of 2G networks, rejecting a call made by Reliance Jio, saying it is a commercial decision to be taken by telecom operators. «The government does not want to meddle in such affairs. The telcos are free to decide what is best for them,» an official told ET on condition of anonymity. There are around 250-300 million 2G customers in India. Experts feel that 2G technology is likely to remain mainstream in India at least for the next two-three years as a good number of people still use it, particularly those who can't afford a smartphone. As per industry data, around 50 million 2G phones are sold in a year while there are over 500,000 2G base tower stations in the country, majority owned by Bharti Airtel, followed by Vodafone Idea and state-run BSNL/MTNL.

'Mansion Global' host Katrina Campins has the latest on the real estate market on 'The Bottom Line.'

MakeMyTrip said on Thursday it has inked a memorandum of understanding (MoU) with the department of tourism, government of Goa, for a 'first of its kind' public-private partnership. The company said this 'collaborative effort' aims to further propel tourism in Goa and position it as a vibrant, 'year-round' destination, moving beyond its iconic sun, sand, and beaches. Goa is the first state in India to launch a regenerative tourism initiative. MakeMyTrip said the MoU, which outlines innovative initiatives aimed at showcasing Goa's lesser-known inland treasures, its rich cultural tapestry and delectable culinary traditions, is the next step ahead. Rohan Khaunte, minister of tourism, IT, E&C, and printing and stationery, Government of Goa said the collective vision of 'Goa Beyond Beaches' is to bring the hidden splendours of Goa to the forefront, celebrate its rich cultural heritage, take tourism to the hinterlands of Goa and ensure sustainable and regenerative tourism practices that preserve its natural resources for generations to come.

loans to electric vehicle (EV) technology manufacturing ventures, although the Biden administration still has $221.8 billion in loan capacity to fund clean-energy projects. Jigar Shah, director of the energy department's loan program office, told Reuters in Detroit that applications for $80 billion in financing have come to his office within the past two months from «very sophisticated players.»

Mallikarjun Kharge on Thursday accused the Modi government of capturing democracy through extortion and financial terrorism and claimed that the Bharatiya Janata Party (BJP) received huge donations from at least 30 companies following raids by federal probe agencies such as the Central Bureau of Investigation (CBI), the Enforcement Directorate (ED) and the income tax department. Citing media reports, the Congress president claimed that the BJP received donations from at least 30 firms after it "misused" the CBI, ED and the I-T department for raids against them.

(Reuters) -A cellular outage early on Thursday hit thousands of AT&T (NYSE:T) users in the United States, disrupting calls and text messages as well as emergency services in major cities including San Francisco.

planned to run four buses over the MTHL on an experimental basis from February 20. However, the Times of India reported that the number was raised to six due to "commuter demand". ALSO READ: Atal Setu: Built With 17 Times More Steel Than Eiffel Tower! The report quoted an official as saying on Wednesday that during the inaugural run on Tuesday, as many as 150 passengers travelled by Shivneri bus between Mumbai and Pune.

Karnataka government will constitute a high-level committee to decide whether to lift the ban on the Eucalyptus plantation or look for alternative ways to facilitate the revival of the Bhadravati MPM factory. According to an official statement on Thursday, a decision to this effect was taken at a meeting convened on Wednesday regarding the revival of Mysore Paper Mill Ltd (MPM). The meeting was chaired by Large and Medium Industries Minister M B Patil at the Vidhansouda office. Forest Minister Ishwara Khandre and Bhadravati MLA Sangamesh also attended it. Ishwara Khandre said the forest department will form an experts committee today and it will be asked to submit a comprehensive report within a month. Speaking after the meeting, the Minister explained, «A total of 20,005 hectares of forest land has been given to Bhadravati Paper Factory in 2020 on a lease for 40 years, for growing eucalyptus. However, forest land cannot be granted without the central government's permission. On the other hand, the factory cannot run without getting the required raw material. This catch situation needs to be resolved».

Spies and “agents” from Western countries are using crypto to fund their operations, a leading Russian lawmaker claimed.

₹65 crore "undemocratically" from the party's bank accounts by the income tax department. He said that despite the sub judice nature of the matter, the Congress party is facing an unprecedented demand of ₹210 crore when there is a common practice for National Political Parties to pay no income tax. In a post on X (formerly Twitter), Ajay Maken wrote, “Their hopes now lie with the Judiciary.

US prosecutors with conspiring to traffic nuclear materials including uranium and weapons-grade Plutonium from Myanmar to other countries, according to a superseding indictment announced Wednesday, The Hill reported. Authorities said they brought the charges against Takeshi Ebisawa after he and other associates in Thailand allegedly showed samples of nuclear material to an undercover Drug Enforcement Administration (DEA) agent posing as a narcotics and weapons trafficker, the Hill reported. The Department of Justice (DOJ) said in a press release that the US worked with Thai authorities to seize the nuclear samples, which were subsequently transferred to US law enforcement custody.

Former U.S. Labor Secretary Eugene Scalia discusses the tentative deals in the actors and UAW strikes and the impact of the union vote on ‘Cavuto: Coast to Coast.’

U.S. authorities have accused another sanitation company of illegally hiring at least two dozen children to clean dangerous meat processing facilities

A U.S. appeals court has struck down a moratorium on coal leasing from federal lands

A Tennessee free-market nonprofit group has joined the ranks of groups challenging a new Biden administration labor rule that changes the criteria for classifying workers as independent contractors or employees