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Elon Musk has said he plans to commit $45 million a month to a super political-action committee supporting Donald Trump, the latest in a series of large-dollar donors ponying up tens of millions of dollars in presidential races. The recent flood of money from pro-Trump donors puts pressure on President Biden, who was recently overtaken by his GOP rival in the 2024 money race. Super PACs are groups that can raise unlimited sums of money for what are known as independent expenditures, such as advertising that supports or opposes a candidate.

A father and his daughter who went hiking through Canyonlands National Park in Utah died after they ran out of water as temperatures soared above 37 degrees Celsius.

Even though there are about three weeks left for the ITR filing deadline, many tax filers have been faced with major tech issues when using the Income Tax Department’s. These include basic glitches like logging into the e-filing portal to resetting the password to big ones like discrepancy in pre-filled data in ITR forms and difficulty in e-verification. Chartered accountant associations have been writing to the tax department asking them to rectify these issues at the earliest.

balance of payments could record a surplus of around $52 billion, or about ₹4.3 lakh crore, in the current fiscal, with foreign institutional investor inflows likely to clock $25 billion, largely due to the inclusion of local debt in a JP Morgan index, State Bank of India has said. «FII inflows, which are $3.5 billion so far this fiscal, are expected to be around $25 billion, getting support through debt inflows on account of bond inclusion ($2.3 billion so far plus another $18 billion expected),» a report by SBI's economic research department said.

The Reserve Bank of India’s (RBI) latest revision of its Master Circular on Fraud Risk Management in banks and other regulated entities has not come a day too soon. Given the rising incidence of financial frauds, it is imperative that lenders adopt a fool-proof process that does not leave any scope for dishonest borrowers to escape on flimsy technical grounds.

Elon Musk's decision to throw his vast fortune behind Donald Trump's presidential candidacy confirms the rise of a growing right-wing bloc in the traditionally liberal Silicon Valley. US media reports indicate that Musk and a group of tech investors are contributing to a Super PAC — a specially designed fund that can spend unlimited amounts on political candidates and causes.

process outsourcing units (BPO) are increasingly seeking to automate operations and artificial intelligence (AI) is helping companies save thousands of hours in manual work, said Prince Kohli, global chief technology officer of US robotic process automation company Automation Anywhere. “Intelligent automation uses AI and technologies like machine learning and robotic process automation to automate repetitive tasks, gather useful data and support informed decision-making,” Kohli told ET, adding that BPO clients are the company’s biggest supporters.

Union budget or in the latter part of the current fiscal year, two people aware of the matter said. The finance minister may allocate ₹4,000-5,000 crore for three public sector insurance companies, one of the two people cited above said, requesting anonymity. "The budget could also provide only a token capital for insurance companies, with more funds released after completing further assessments for fresh requirements," the person said.

It’s an introspective week on Wall Street as a slew of banks and brokers report their second quarter earnings. Financial advisors, of course, are taking note as well, deciding whether they want to be buyers or sellers of some of their competitors shares.

Even as the wealth management operations of the wirehouses benefit from a record breaking stock market, a stumbling block in the way of higher profits is emerging: the amount they are paying clients in interest for certain cash advisory accounts.

Study after study has shown how women seem to be always at risk financially – and according to new research by the Alliance for Lifetime Income, it’s no different for women entering their peak retirement years.

InvestmentNews is looking for the country’s most successful young professionals for the inaugural Rising Stars. This special report will recognize driven and hardworking superstars, 40 and under, who are future leaders in the industry.  

Off-channel communications have topped investment advisors’ list of ongoing compliance concerns, dethroning the SEC’s Marketing Rule, according to new survey report.

Black Friday sales had all the spotlight in the US as consumers used to wait throughout for these sales but after Amazon Prime Day sales stepped in during the year 2015, and was observed in just six countries initially, the focus of online shopping sales somehow shifted entirely to Amazon.

Pan Am, which is well-known for its opulent transatlantic flights, will make a comeback in 2025 with a voyage aboard a private jet. Established in 1927 and shutting down in 1991, the airline offers an opulent 12-day trip from New York in an attempt to bring back the golden age of travel, as per the reports of Yahoo Life. From June 27 to July 9, 2025, tourists will traverse Bermuda, Lisbon, Marseille, London, and Foynes in Ireland throughout their journey. The journey will be hosted by Pan American World Airways CEO Craig Carter and will replicate Pan Am's initial transatlantic itineraries.

Moon as well? Some of those caves are as big as 130 feet or 40 meters wide and tens of yards meters long, reports AP. Talking to the BBC, Helen Sharman, the first British astronaut to travel to space said that humans could potentially be living in lunar pits in 20-30 years as these caves looked like a good place for a base. She also said that this cave is so deep that astronauts might have to use “jet packs or a lift” to get out.

Nicolas Cage fans have reason to rejoice as Lionsgate and Roadside Attractions have secured the North American distribution rights for The Surfer, a gripping thriller that made waves at the 77th Cannes Film Festival.

Lamine Yamal's father is extremely proud of his son's accomplishment in football's global circuit, after Spain won the Euro Cup 2024 title by beating England 2-1. Yamal has broken a few records during his Euro Cup appearances, including the finals, with some of them being of Brazilian legend Pele. Yamal became the talk of the town after Spain beat France, thanks to his opening goal in 21st minute, followed by Dani Olmo's goal, four minutes later. With this goal, he became the youngest player ever in Euro championship history to score a goal.

Gaza Strip on Tuesday, and Palestinian health officials said at least 57 people were killed in Israeli bombardments of southern and central areas. In Rafah, where Israeli forces have been operating since May, five Palestinians were killed in an airstrike on a house, Gaza health officials said. In nearby Khan Younis, a man, his wife, and two children were killed, they said. Later on Tuesday, an Israeli airstrike on a car killed at least 17 Palestinians and wounded 26 others in Khan Younis in southern Gaza, the officials said. The airstrike hit near a tented area housing displaced families in Attar Street in the humanitarian-designated area of Al-Mawasi, the health ministry said. The Israeli military said the strike targeted a senior militant of the Islamic Jihad group, an ally of Hamas.

LPL is making a strong statement on technology as the firm brings on an experienced leader to help take it to the future.

Car services and repair platform GoMechanic, which was on the verge of collapse about a year-and-a-half ago, on Tuesday said it achieved operational profit in the June 2024 quarter under the new management. The company was acquired by Servizzy, a subsidiary of the Lifelong Group, in March 2023 after anomalies in its financial records were found under previous management and the firm was put on sale by the investors. Under the new management, GoMechanic has posted a revenue of Rs 210 crore in the financial year 2023-24 and a revenue of Rs 85 crore in the April-June 2024 quarter.