President Financial News

Check your freezer

Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation

Tens of thousands of customers are still without power across Puerto Rico, a week after Ernesto swiped the U.S. territory as a tropical storm

Small business owners overall are feeling positive about their business and achieving the goals they set for this year despite inflation and high labor costs, according to two new surveys

Kenya’s new finance minister says some of the proposed taxes that led to weeks of deadly protests earlier this year will be reintroduced through a tax amendment bill as the country struggles to find revenue to pay off debts

The Malawian government has received an insurance payout of $11.2 million for an El Nino-linked drought that led to a disaster declaration in the southern African nation

German officials have rejected suggestions that national budget constraints could hurt weapons deliveries to Ukraine

Longtime producer Almin Karamehmedovic has been elevated to the role of ABC News president

More than 17,000 AT&T workers in nine states across the Southeast are on strike

For tens of thousands of men in Uganda’s capital, driving a motorcycle taxi is a way to make a living

BJP on Tuesday announced names of 10 candidates for Rajya Sabha bypolls across eight states. The party has left one seat each in Bihar and Maharashtra for allies. Union minister of state Ravneet Singh Bittu has been nominated as party candidate from Rajasthan. Another Union minister of state George Kurian has been made the party candidate for the lone seat of Madhya Pradesh. For two seats of Assam, BJP has announced the names of former Union minister Rameswar Teli and former MLA Mission Ranjan Das. Senior advocate and chairman of Bar Council of India Manan Kumar Mishra has been made the party candidate from Bihar. In Bihar, the BJP has left one seat for ally Upendra Kushwaha who will file nomination on Wednesday.

special investigation team (SIT) to probe financial irregularities at RG Kar Medical College during the tenure of Sandip Ghosh. Kolkata Police have registered a case against Ghosh under provisions of the Bharatiya Nyaya Sanhita and Prevention of Corruption Act. «I have raised the nexus in connection with bio-medical waste in RG Kar Medical. Used saline bottles, rubber gloves were procured by two Bangladeshi citizens and recycled in Bangladesh. Two inquiries were done by a committee in which I was also a part,» Akhtar Ali, former deputy superintendent of RG Kar said. He said he had informed anti-corruption bureau, state vigilance commission and even the CMO regarding it during his tenure in RG Kar. He raised these allegations first in July 2023 and spoken about the involvement of Ghosh in the alleged nexus. Former principal of the medical college, Ghosh, was interrogated by CBI for the fifth consecutive day on Tuesday.

Congress president Mallikarjun Kharge and Leader of the Opposition in the Lok Sabha Rahul Gandhi are scheduled to visit Jammu and Srinagar on August 21-22 and are likely to meet some INDIA bloc leaders for possible pre-poll alliances. The visit assumes significance as both Congress and National Conference (NC) have expressed inclination for a strategic 'pre-poll alliance', especially in Jammu division, where the BJP is claiming that it will get a majority of the seats. NC leader and former J&K chief minister Omar Abdullah recently said that they were in touch with the Congress top leadership and the newly-appointed J&K Congress president Tariq Hameed Karra is also on record saying that they were open to talks with «like-minded parties» to weave a «respectable alliance» ahead of the assembly polls.

The US individual life insurance market has stayed stable in the second quarter, though that topline figure obscures a possible shift in consumer appetites amid interest rate challenges, according to new data from Limra.

Hamas said it was «keen» on reaching a cease-fire agreement with Israel, denying what it said were US claims it is stalling negotiations to end the devastating conflict in Gaza. The Palestinian militant group Tuesday said remarks by US President Joe Biden and his top diplomat, Antony Blinken, were «misleading and don't reflect the reality of the movement's position.» The comments came a day after Blinken met Israeli Prime Minister Benjamin Netanyahu and said the next step toward a truce is for «Hamas to say yes.» Blinken said Netanyahu had accepted a proposal the US is calling a «bridging agreement» to tide the sides over until they iron out the final details. Hamas said the proposal was different from a Biden-led plan unveiled in May, suggesting they are unhappy with Israel's latest demands. The two sides are meant to start a new round of negotiations in Cairo this week, but no date's been set for that yet. Egypt is mediating, along with the US and Qatar.

Bill Clinton's inclusion in the Democratic National Convention (DNC) program has drawn harsh criticism from CNN commentator S.E. Cupp. Recognized for her candidacies, Cupp called Clinton's endorsement of decency a «bad look» for a party. She demanded that Clinton be excluded from all next conventions and questioned the purpose of having him there, considering that he had attended every DNC since he became president, as per the reports of Yahoo news. Cupp's critique emerged following comments from Kate Bedingfield, former White House communications director, who noted that President Joe Biden would focus on decency during his speech at the convention. Cupp took this opportunity to express her disagreement, stating that Clinton's ongoing presence at these events undermines the Democratic Party’s image. She urged the party to finally remove Clinton from the DNC, suggesting that his continued involvement is problematic and outdated. Also Read: Taylor Swift experienced technical issues during her London concert

Shiv Sena (UBT) chief Uddhav Thackeray on Tuesday said that despite being bitter rivals in the past, the undivided Shiv Sena and Congress were never vindictive towards each other. Speaking at a 'Sadbhavana Diwas' event here to mark the birth anniversary of the late Rajiv Gandhi, Thackeray also noted that Central agencies never harassed Shiv Sena leaders even though party founder Bal Thackeray had criticised the then prime minister in his speeches. Thackeray, who joined hands with the Congress in 2019 after parting ways with the Bharatiya Janata Party, took part in a Congress event for the first time. He also wore a Congress scarf for a brief time. The programme was also attended by NCP (SP) chief Sharad Pawar and Congress president Mallikarjun Kharge.

US polls 2024 on a Democrat ticket. According to latest reports, Kamala Harris is lagging behind in the key swing state of Pennsylvania, based on two recently released poll surveys. Meanwhile, another survey has stated that Donald Trump is ahead of the reigning VP at the national level.

Maharashtra Deputy Chief Minister Devendra Fadnavis on Tuesday said an inquiry led by a woman IPS officer has been ordered into an incident of alleged abuse of two school girls in Badlapur in Thane district. Talking to reporters here, Fadnavis said the state government has appointed Arti Singh, an inspector general-rank Indian Police Service (IPS) officer, to conduct the inquiry. «It will be our endeavour to inquire into the incident at the earliest. We want to file the chargesheet in this case as soon as possible and place the matter before a fast-track court for hearing,» he said. «Our police department will make complete efforts to get such a barbaric and inhuman act punished immediately,» the deputy chief minister added.

investigation team (SIT) of the Karnataka Lokayutka has renewed its request with Governor Thawarchand Gehlot for permission to file a charge-sheet against Union Heavy Industries and Steel Minister HD Kumaraswamy in a case of renewal of mining lease. The union minister was alleged to have illegally approved a mining lease to Sri Sai Venkateshwara Mineral in Sandur in Ballari district during his first stint as Chief Minister in 2007. The SIT, which completed investigations into the case, had in November last year, submitted a letter to the Governor seeking permission to file charges against the union minister. The second letter assumes significance as it comes within a week after the Governor granted permission to three activists to prosecute Chief Minister Siddaramaiah in a case of alleged illegal allotment of 14 pricey housing plots to his wife Parvathi in Mysuru. The Congress has been pushing for similar sanctions against the BJP and JDS leaders against whom prosecution has been sought by the Lokayukta SIT.

complaint against India’s second-largest software services firm Infosys to the ministry of labour and employment over delay in onboarding of freshers, NITES said in a statement on Tuesday. NITES is an organisation working for the welfare, and rights of IT, BPO and KPO professionals in India. “We have filed a formal complaint against Infosys Limited for the ongoing exploitation and unprofessional treatment of over 2,000 young engineering graduates who were selected for System Engineer (SE) and Digital Specialist Engineer (DSE) roles during the 2022-23 recruitment drive,” Harpreet Singh Saluja, president, NITES, said in a statement.