President Financial News
06.10 / 19:17
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Progressive
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gatherings
UAW holds off on expanding strikes against Detroit's Big Three, cites progress with automakers
Automotive News executive editor Jamie Butters discusses the expansion of the UAW strikes and its impact on car buyers.
06.10 / 18:29
06.10 / 16:19
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Trump Factor Could Sway Tight House Speaker Race
Former President Donald Trump is emerging as a wild card in the race for the next speaker of the House, potentially tipping the balance as the party tries to unite behind a candidate and avoid another grueling fight. Early Friday morning, Trump weighed in with his endorsement, backing Rep. Jim Jordan (R., Ohio) to succeed former Speaker Kevin McCarthy, after the California Republican was ousted earlier this week.
06.10 / 16:19
COST
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2020
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2024
6 Questions to Ask Before Taking College Loans in 2024-25
If you’re thinking about a college loan for next fall, it’s time to start looking at your options. Factors for students and their families to consider include who is taking the loan—parent, student, or both—the type of loan, amount and interest rate, which could be considerably higher than in recent years. Repayment plans are another consideration, including a new repayment option for federal student loans announced earlier this year by President Biden.
06.10 / 16:19
Reuters
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Bill
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Bidens’ Dog Commander Joins a Long List of Naughty White House Pets
It’s a short trip from the White House to the doghouse. Commander, the latest presidential pet to make headlines for his biting behavior, is following in the pawprints of many four-legged dwellers banished from 1600 Pennsylvania Avenue. The 2-year-old German shepherd with a history of nipping Secret Service agents is “not presently on the White House campus," the White House said Thursday.
06.10 / 15:31
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At EC hearing, Ajit Pawar claims support of 42 MLAs, six MLCs and 2 MPs from Maharashtra
Election Commission on Friday met the warring factions of the NCP led by Sharad Pawar and Ajit Pawar over their claims to the party name and poll symbol. Nationalist Congress Party (NCP) founder Sharad Pawar was present at the personal hearing of the rival factions called by the Election Commission, which decided to continue the proceedings on October 9. Ajit Pawar, who had moved the Election Commission staking claim to the party name and poll symbol, submitted that he had the support of 42 of the 53 MLAs in Maharashtra, six of the nine MLCs, all seven MLAs in Nagaland and one member each in the Rajya Sabha and the Lok Sabha.
06.10 / 14:17
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For Biden and Trump, Age Really Is Just a Number
Either Donald Trump or Joe Biden would be the oldest person to win the presidency if they prevail in next year’s election. At age 77 and 80, respectively, both are already past the U.S. life expectancy of 76.4 years.
06.10 / 14:17
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NCP symbol battle: EC hears Sharad, Ajit Pawar factions; next hearing on Oct 9 – what we know so far
battle to lay claim over the party's name and its over two decades old clock symbol. Here's what we know so far: - Ajit Pawar, who had moved the Election Commission staking claim to the party name and poll symbol, submitted that he had the support of 42 of the 53 MLAs in Maharashtra, six of the nine MLCs, all seven MLAs in Nagaland and one member each in the Rajya Sabha and the Lok Sabha. - At the hearing, senior advocate Abhishek Manu Singhvi appeared before the poll panel on behalf of Sharad Pawar.
06.10 / 13:55
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Jobs Report Sends Yields, US Dollar Flying: Where Next for the DXY, EUR/USD?
Treasury yields surged to yet new yearly highs this morning after the nonfarm payrolls report showed that the US economy added far more jobs in September than economists expected. As of this writing, the 10-year yield is up 2.5%, further steepening the 10-2 yield curve.
06.10 / 13:45
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UAW strike decision day comes as bargaining heats up
By Joseph White
06.10 / 13:39
Citi
economy
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social
Putin Redirects Russia’s Economy to War Production
Russian President Vladimir Putin is preparing the country’s economy for a long war in Ukraine. Military spending and war-related expenditures have already fueled much of Russia’s economic growth this year, helping the country weather the impact of Western sanctions. Next year, the government plans to increase military spending even more.
06.10 / 13:27
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G20 summit unconditional success of PM Modi: Putin
Russian President Vladimir Putin lauded the recent G20 summit hosted by India as an unconditional success of Prime Minister Narendra Modi as he was able to depoliticise decisions at the mega event. “PM Modi was able to depoliticise the decisions adopted at the G20 and that was the right way. G20 was created to discuss economic issues, not political ones.
06.10 / 12:43
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Factbox-Governments race to regulate AI tools
(Reuters) — Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology.
06.10 / 12:10
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Feeding stray dogs is good, but it should not create chaos, endanger public: HC
stray dogs by feeding them is important, it should not lead to chaos and endanger the public. Chief Justice Prasanna B Varale and Justice Krishna S Dixit, presiding over a public interest litigation (PIL) regarding the alleged delay in implementing the Animal Welfare Board's guidelines by the state government, stated that citizens who feed dogs have a duty to ensure that their actions do not cause inconvenience or health risks to others. The High Court expressed its concern over the government's delay in responding to the PIL and directed them to rectify their behavior within three weeks by filing objections.
06.10 / 12:09
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Not opening more liquor shops in Karnataka, says CM Siddaramaiah
Karnataka Chief Minister Siddaramaiah on Friday said his government will not be opening more liquor shops in the state. «No we are not opening...who said we are opening? Minister has said we will think about it, but we will not open,» he said in response to a question. The Karnataka Excise Department has submitted a proposal to the government recommending setting up of liquor shops in gram panchayats with a population of over 3,000.
06.10 / 12:09
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week
Tech View: Nifty may show resistance at 19,800. What traders should do next week
Nifty on Friday ended 108 points higher to form a bullish Doji candle on the daily chart while on the weekly scale a Dragonfly Doji pattern was noticed. The short-term trend of Nifty has turned positive. The overall positive chart pattern indicates next overhead resistance for the Nifty around 19,800 levels for the coming week.
06.10 / 11:17
FIVE
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AIG
New private fixed income leaders for SLC Management
The head of private fixed income at SLC Management is to retire at the end of the year and will be succeeded by two co-heads.
06.10 / 11:09
COST
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ExxonMobil
economy
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reports
Futures steady with key jobs report ahead - what's moving markets
Investing.com -- U.S. stock futures hold firm as traders gear up for a crucial monthly jobs report that could add clarity to the outlook for Federal Reserve policy decisions over the rest of 2023. Elsewhere, San Francisco Fed President Mary Daly suggests that a recent spike in bond yields may diminish the need for the central bank to further hike borrowing costs this year, while ExxonMobil (NYSE:XOM) is reportedly in negotiations over a blockbuster takeover of Texas shale group Pioneer.
06.10 / 11:09
Reuters
Action
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Mark Warner
Huawei
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innovations
Department
Exclusive-US-China tech war: RISC-V chip technology emerges as new battleground
By Stephen Nellis and Max A. Cherney
06.10 / 10:39
Entertainment
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hearing
ED summons: Jharkhand HC asks CM to rectify errors in plea; next hearing on Oct 11
The court asked Soren's counsel to correct the errors in the petition which was filed on September 23. Soren's move came days after the Supreme Court refused to entertain his plea against the summons. A bench of Justice Aniruddha Bose and Justice Bela M Trivedi on September 18, however, granted the chief minister the liberty to approach the Jharkhand High Court for relief in the matter.
06.10 / 10:33
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Nobel Peace Prize 2023: Jailed Iranian activist Narges Mohammadi awarded for ‘fight against oppression of women’
Nobel Prize in Literature awarded to Norwegian author Jon Fosse "This prize is first and foremost a recognition of the very important work of a whole movement in Iran with with its undisputed leader, Nargis Mohammadi," said Berit Reiss-Andersen, the chair of the Norwegian Nobel Committee who announced the prize in Oslo. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! "The impact of the prize is not for the Nobel committee to decide upon.
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