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Stocks are off to a sluggish start on Wall Street as major indexes drift near the all-time highs they set last week

The Associated Press says it is setting up a sister organization to solicit donor funding in support of local and state news, both at AP and elsewhere

Charitable giving dropped 2.1% in 2023 after inflation, according to the most recent Giving USA report, the key findings of which were released Tuesday

The city of Detroit is taking steps to ban gas stations from locking people inside the store

A U.S. aid official says thousands of tons of food, medicines and other aid piled up on a Gaza beach isn’t reaching those in need because of a dire security situation on the groun

Iowa regulators have approved a controversial carbon dioxide pipeline for transporting emissions of the climate-warming greenhouse gas for storage underground

Authorities say a suspected attack by Yemen’s Houthi rebels has targeted a ship in the Gulf of Aden

In a recent survey, Royal LePage found that 29 per cent of renters had contemplated buying a property before renewing or signing a lease. And thirty-three per cent of these would-be buyers said they were waiting for interest rates to decline. Now that theBank of Canada (BoC) has lowered its key rate to 4.75 per cent, it seems a good time to revisit the age-old question of whether it’s better to rent or to buy. The Financial Post’s Shantaé Campbell weighs the options in this evolving economic terrain.

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Shein has been reportedly looking to IPO in London, after a failed attempt to list in New York earlier this year. Raspberry Pi confirms London listing In the letter, sent on behalf of UK charity Stop Uyghur Genocide, Leigh Day argued that concerns over the company's labour practices in its supply chains, among others, ultimately led to the refusal from the US Securities and Exchange Commission to allow Shein to IPO in New York. «The UK is a signatory to various International Labour Organisation conventions,» the letter stated. «Our client is concerned that listing a company on the ...

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Amazon's Metis aims to revolutionize user interaction through advanced AI capabilities. Named after the Greek goddess of wisdom, the chatbot is slated to debut at Amazon's annual Devices and Services event in September 2024.The report suggests that sources familiar with the project divulged that Metis will harness Amazon's proprietary AI model, Olympus, which promises enhanced functionality beyond current industry standards.

Apple and Foxconn acknowledged lapses in hiring practices in 2022 and said they had worked to address the issues. However, all the discriminatory practices documented by Reuters at the Sriperumbudur plant near Chennai took place in 2023 and 2024.

Union Budget for the fiscal year 2025 in July, several stakeholders have urged Finance Minister Nirmala Sitharaman to provide tax relief for salaried employees.The Union Budget 2024-25 is expected to be presented in Parliament on July 23 or 24.Salaried employees are hoping to see several favourable announcements, including an increase in income tax rebate, restoration of the old pension scheme (OPS) and formation of the 8th Pay Commission.The last pay commission was formed in 2014 and its recommendations were implemented in January 2016.They also want income tax slabs under the old tax regime to be adjusted or the tax exemption limit increased for the new tax regime.To boost consumption, the government may provide some tax relief to those with income above ₹15 lakh annually and may also explore reducing the income tax rates for annual income of ₹10 lakh, according to a report by news agency Reuters.In a pre-budget meeting on Monday, trade unions made some key demands to the finance minister.The unions had asked the government to stop the privatisation drive of PSUs, scrap the new pension scheme, fill all the existing vacancies in the central government departments and PSUs, and stop the practice of contract and outsourcing.“The ceiling limit for the income tax rebate for the salaried class on their salary and gratuity must be substantially raised.

A new forecast from Deloitte Canada calls for the pace of interest rate cuts to pick up in 2025, but not enough for many Canadian homeowners to avoid feeling the pinch of upcoming mortgage renewals.

Russia has sent two trains laden with coal to India via the International North-South Transport Corridor (INSTC), which connects Russia to India via Iran, according to Russia’s national railway company. A multimodal route that includes a railway, roadway network and seaports, the INSTC spans 7,200km (4,500 miles) from St. Petersburg to the port of Mumbai in India. The corridor is part of Russia’s push to find new transport routes in light of Western sanctions, which have forced it to shift trade flows from Europe to Asia and the Middle East, RT has reported. “For the first time, two trains with Kuzbass coal headed to India along the International North-South Transport Corridor. The trains set off from the Kemerovo region. They followed along the eastern branch of the INSTC through Kazakhstan and Turkmenistan to the Iranian port of Bandar Abbas,” Russian Railways said on Monday in its Telegram channel, RT reported. How INSTC can revolutionise India's trade The development of the INSTC, which connects Russia to India through Iran's Chabahar port, means a lot for India's trade. Now that Russia faces restrictions on sea trade due to the Ukraine war, the corridor assumes even more economic and strategic importance, especially when India sees it as an alternative to China's ambitious Belt and Road Initiative.

Quant Mutual Fund has assured investors that its gross inflows continue to remain normal and its liquidity position robust. The fund remained defiant that all allegations must be proved before the alleged could be deemed guilty. It said every suspicion is not an allegation and Quant has always maintained transparency with its investors. The fund house stressed on its commitment to cooperate with the Securities and Exchange Board of India (Sebi) through any review and has dedicated people to give data to Sebi on a regular basis, ET Now reported on Wednesday.

DES PERES, Mo.—Susan Plank had been using an unremarkable highway exit next to a busy mall in this St. Louis suburb for about 4-1/2 years when her daughter finally spotted what avid fans say makes it special: a jar of pickles sitting atop a concrete barrier. Why in the world are there pickles in the median of the highway and who put them there? they wondered.

₹2.1 trillion, the highest ever for a month. GST revenues stood at 6.62% of the gross domestic product (GDP) for the fourth quarter of 2023-24, much higher than the corresponding quarters for the preceding two financial years (Chart 1). But a deconstruction of GST numbers over seven years, especially from the perspective of states, reveals expectations belied and friction points aplenty.

Nikesh Arora, CEO and Chairman of Palo Alto Networks, is the only Indian-American to make it to the list of the top 10 highest-paid CEOs in the United States. According to a report from data analytics firm C-Suite Comp, Arora is ranked 10th on the list of highest-earning CEOs. The report featured two lists based on different metrics: «total compensation granted» in 2023 and «compensation actually paid.» Sundar Pichai of Google and Satya Nadella of Microsoft, despite their prominent positions and successful years, did not appear on either list. Nikesh Arora’s Earnings in 2023

inventory drawdown during the third quarter peak summer demand season and geopolitical risks from the Middle East conflict. The American Petroleum Institute (API) on Tuesday reported U.S. crude oil stocks rose by 914,000 barrels, market sources said. Still, analysts expect them to decline by nearly 3 million barrels in official inventory data due on Wednesday.