Progressive Financial News
19.04 / 09:09
Progressive
Sustainability
Remark
track
reports
Bank of England's Megan Greene rules out 'imminent' rate cuts - reports
«I do not think it is imminent,» she said during an Atlantic Council event in Washington on Thursday (18 April). «I just want to wait and see more progress in the direction that we are looking for before I feel confident in cutting rates. „The numbers that we are seeing in terms of wage growth and services inflation just are not consistent with a sustainable 2% inflation target.“ Bank of England's Andrew Bailey: UK is 'on track' to tame inflation — reports In remarks reported by Bloomberg, Greene, who is one of the more hawkish members of the Bank's Monetary Policy Committee, said ...
19.04 / 08:53
MET
Progressive
Waters
Election
community
Updates
Do you know? This village near Goa appears only once a year
Kurdi village in Goa resurfaces from beneath the waters, offering a glimpse into a bygone era. Located near the Salaulim Dam in Sanguem, Kurdi village remains submerged for most of the year, making its appearance a fleeting spectacle reserved for the peak summer months of April and May.
19.04 / 03:51
Target
Progressive
Netflix
Research
Trade
reports
Videos
Netflix beats subscriber targets, but revenue falls short of forecast
Netflix NFLX.O blew past Wall Street expectations on new customers for the second straight quarter on Thursday but signaled the positive surprises could be over, forecasting revenue growth slightly below analyst targets.
18.04 / 10:53
markets
UPS
Progressive
CEO
reports
Commercial real estate foreclosures jumped 117% in March as trouble looms
Thomas Michaud, CEO of KBW, a Stifel Company, assesses the stability of regional banks, commercial real estate and the Basel III proposals.
17.04 / 18:57
UPS
Target
FIVE
Progressive
Career
Election
Jitendra Singh versus Lal Singh in Udhampur
BJP leader Jitendra Singh and Lal Singh, who joined Congress recently. The constituency, spread over 18 assembly constituencies and five districts of Jammu, is a tough battle as both candidates have won from this seat twice in their parliamentary career. Jitendra Singh won from here during the 2014 and 2019 elections, while Lal Singh had won during 2004 and 2009 elections. Lal Singh's last minute re-entry into Congress after almost a decade and managing to get the ticket from Udhampur has posed a formidable challenge for Jitendra Singh, who otherwise considered it a cake walk.
17.04 / 16:39
markets
Target
Progressive
CEO
economy
show
reports
inflation data
Fed's Powell says inflation data this year shows a 'lack of progress'
Palumbo Wealth Management founder and CEO Philip Palumbo suggests how investors can build a sound portfolio on 'The Claman Countdown.'
17.04 / 16:39
markets
Progressive
CME
Trade
show
track
Rate Cut
interest rate cut
Interest rate cut odds dwindle as inflation progress stalls
Market Rebellion co-founder Pete Najarian discusses delayed rate cuts by the Fed, inflation and U.S. markets.
17.04 / 12:37
markets
Stablecoin
Digital
Progressive
Waters
Bill
stablecoin regulation
Senators Lummis and Gillibrand Introduce New Bill to Regulate Stablecoins
Senators Cynthia Lummis and Kirsten Gillibrand have joined forces to propose a new bill aimed at regulating stablecoins.
17.04 / 12:23
Provident
Target
Progressive
Waters
Manufacturing
Apple
2020
Apple enters JV with CleanMax to invest into rooftop solar projects in India
Apple has formed a joint venture with renewable energy developer CleanMax to invest in six rooftop solar projects to power its India operations, the US company said Wednesday. The solar project will have a total size of 14.4 megawatts, which will provide a local solution to power the company’s offices and the two retail stores in Mumbai and New Delhi, the Cupertino-based smartphone major said in a statement. The company didn’t provide any financial details.
17.04 / 10:33
Target
Progressive
Food
Research
UK inflation falls less than expected over March to 3.2%
In a statement published today (17 April), the Office for National Statistics said the easing in the rate between March and February was due to prices rising by 0.6% on the month, compared to a 0.8% rise in the previous year. Core inflation, which excludes energy, food, alcohol and tobacco, fell from 4.5% in February to 4.2%. UK inflation beats expectations as it drops to 3.4% Michael Brown, senior research strategist at Pepperstone, said the figures indicate that progress is being made towards reaching the Monetary Policy Committee's 2% target, and this needs to continue to keep t...
17.04 / 08:29
markets
Progressive
Google
Strategy
Dreams
pandemic
travelers
From dreaming to doing: How smart investing turns aspirations into achievements
Saving is undoubtedly the first step to building wealth. However, your savings alone cannot fulfil your dreams of travelling around the world or owning a home in your favourite locality. You must make your money work harder for you – hard enough to ensure that your wealth grows at a faster pace than inflation.
17.04 / 08:03
Progressive
CEO
WhatsApp
reports
Realty developer Tarc Ltd reports 200% growth in pre-sales
Tarc Ltd, has reported Rs 1,612 crore pre-sales in FY 23-24, a 200% growth from previous year as demand for luxury real estate state continued. The company also achieved its highest annual collection to date, reaching Rs 415 crore. The fourth quarter of FY2023-24 witnessed exceptional sales, with TARC Limited recording sales amounting to Rs 1,281 crore. This staggering growth of over 600% on a year-on-year basis can be attributed largely to the success of the recently launched project, TARC Kailasa, located in New Delhi.
17.04 / 08:03
UPS
Target
Progressive
economy
Remark
reports
A top Federal Reserve official opens door to keeping rates high for longer
Federal Reserve Vice Chair Philip Jefferson suggested that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation
17.04 / 03:15
markets
Progressive
Yellow
wellness
reports
Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh
₹30, or 0.04% to ₹72,999 per 10 grams on MCX. During the day, gold rate hit a high of ₹73,315 level. Silver price closed down by ₹24, or 0.03%, at ₹83,480 per kg on MCX.
16.04 / 19:53
markets
COST
Progressive
economy
Remark
show
Powell indicates delay in Fed rate cuts
Federal Reserve chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cut interest rates following a series of surprisingly high inflation readings.
16.04 / 19:37
markets
Target
Progressive
economy
Remark
wellness
show
Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank's goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon.
16.04 / 17:53
COST
UPS
Provident
Progressive
Healthcare
UnitedHealth
UnitedHealth shares soar over 5% after upbeat Q1 earnings
ALSO READ: US stocks mixed as Treasury yields advance Adjusted earnings, excluding the cost from the sale of the Brazilian business and some expenses tied to the cyberattack, totaled $6.91 per share. Total costs tied to the cyberattack and recovery amounted to 74 cents per share in the first quarter.
16.04 / 13:53
COST
Progressive
Action
Fighting
Election
Singapore's outgoing prime minister will stay on as senior minister, his successor says
Singapore’s incoming leader says Prime Minister Lee Hsien Loong will stay on as senior minister in the government after he steps down next month
16.04 / 12:05
Target
Progressive
Election
WhatsApp
country
In Rahul Gandhi's train, every ally thinks it's the engine: Fadnavis takes dig at INDIA bloc
Devendra Fadnavis on Tuesday used the analogy of a train to take a dig at the opposition INDIA bloc, saying that in Congress leader Rahul Gandhi's train, every ally considers itself to be the engine. He also hailed Prime Minister Narendra Modi, calling him the «powerful engine of development» followed by the coaches of allies, including the Shiv Sena, NCP, RPI (Athawale) and other regional parties. Fadnavis, who was campaigning for BJP candidates Ram Satpute and Ranjit Naik-Nimbalkar, said persons from all castes and religions have seats in the Mahayuti's train.
16.04 / 11:43
Provident
Progressive
CEO
Align
Juniper
hospital
innovations
Juniper Green Energy commissions 25.2 MW wind energy capacity of 70 MW project
Juniper Green Energy on Tuesday announced commissioning of 25.2 MW capacity of its 70-MW wind power project. The project has been commissioned almost nine months before the scheduled commercial date of operation, the company said in a statement. The operational 25.2 MW is part of the project's progressive rollout, it said. This project will deliver power under a 25-year Power Purchase Agreement (PPA) with GUVNL at a tariff of Rs 2.90, aligning with efforts to provide cost-effective and environmentally responsible energy solutions, as per the statement.
16.04 / 10:23
UPS
Progressive
Action
Election
President
show
While Biden worries about the left, the voters he needs are in the center
WASHINGTON—President Biden’s announcement last week that his administration would seek to forgive billions of dollars’ worth of federal student loans was cheered by progressives, the latest in a string of actions he has taken to shore up support from the left—annoying the center in the process. That has some Democrats worrying he is making a big mistake.
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