UPS Financial News

Stocks are ticking higher and helping Wall Street erase its losses from earlier in the week

U.S. applications for jobless benefits were unchanged last week, settling at a healthy level as the labor market continues to show strength amid elevated interest rates

Gum makers are trying to figure out what will make Americans start chewing again

Brilliant yellow and gold mustard is carpeting Northern California’s wine country

Chelsea has announced pre-tax losses of 90.1 million pounds in its first year under U.S. owners Todd Boehly and Clearlake Capital

Old Masters, Roman statues, modern furniture, tribal masks and vintage watches are vying for the attention of well-heeled collectors at the annual TEFAF art fair that opened in the southern Netherlands

Many market indexes hit new highs this week, but have you ever really thought about a stock index? What it is exactly, and why are they so important (if at all)?

Canadian Imperial Bank of Commerce is revamping its executive team as talk of chief executive officer succession at the country’s fifth-largest lender heats up.

Veerashaiva-Lingayat mutts felicitated Chief Minister Siddaramaiah at Basavakalyan in Bidar district on Thursday giving a dose of confidence to the ruling Congress as the party gears up to face the Lok Sabha polls with a goal to win 18-20 seats out of Karnataka's 28 seats. The mutt heads honoured the CM for declaring Basavanna, the revered 12th century social reformer and the architect of the Veerashaiva movement, as Karnataka's cultural ambassador. The place Basavakalyan, home to 108-foot statue of Basavanna, is also a culturally and historically important place for Veerashaiva-Lingayats. Two months ago, the State Cabinet met a major demand from the community to declare their tallest icon as the state's cultural ambassador. The demand came from a group of religious leaders led by Shivarathri Deshikendra Swami, head of the influential JSS Mutt in Mysuru.

Himanta Biswa Sarma on Wednesday warned All India United Democratic Front (AIUDF) chief Badruddin Ajmal that he would be arrested if found flouting the law and continuing with Magical practices. State assembly recently passed Assam Healing (Prevention of Evil) Practices Bill, 2024 in assembly that bans non-scientific healing practices in the state. Sarma said, “If he (Badruddin Ajmal) will do healing practices, he will be arrested. What I will say, will happen. I am not speaking about myself, I am speaking about the Assembly,” Sarma said.

Artificial Intelligence (AI) Mission, aimed at creating computing infrastructure in public-private partnership (PPP) mode. Union commerce minister Piyush Goyal said, at a press briefing in New Delhi, that the mission will be focussed on seven areas.

Previous Elections and Current Scenario: In 2014, BJP secured seven out of the 14 seats, a number that increased to nine in 2019, marking their highest tally. The upcoming 2024 elections are pivotal, with BJP aiming to further bolster its seat count, while Congress is determined to stage a significant comeback. The elections are anticipated to be hotly contested, reflecting the shifting political landscape in Assam.

Financial success looks different for everyone. Even as you work towards career growth and boosting your earnings, it’s important to focus on managing your personal finances and making the most of what you have. Here are 7 practices that have worked well for me:

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interest rate cuts could be delayed capped gains, though upbeat Chinese trade data augured well for demand in the world's top oil importer. Brent crude futures were down 58 cents or 0.7% to $82.38 a barrel by 1417 GMT, while U.S. West Texas Intermediate crude futures inched down 67 cents or 0.8% to $78.46 a barrel.

Union cabinet has approved a hike in the Minimum Support Price (MSP) of raw jute for the 2024-25 season to Rs 5,335 per quintal, according to Union Minister Piyush Goyal on Thursday. This is up from the current MSP of Rs 5,050 per quintal, a hike of 5.6%. This would ensure a return of 64.8% over the all India weighted average cost of production, the government said in a statement.

Young Sheldon Season 7 is currently airing on CBS. Viewers of the show are curious to know when will Young Sheldon Season 7 finale release. So far, Young Sheldon Season 7 epsiodes 1-4 have been released on February 15, February 22, February 29, March 7 respectively.

Tata Power consumers will have to pay more for electricity. On Thursday, the Maharashtra Electricity Regulatory Commission approved an average tariff rise of about 24% for Tata Power for the fiscal year 2024-25, effective from 1 April, 2024. In its order, MERC said that the present tariff hike is necessitated mainly because there was under-recovery due to staying on tariff as determined in the MTR Order for FY 2023-24. «Had there been no stay, tariff for FY 2024-25 would have resulted in tariff decrease of 13% than approved by the Commission in MTR Order for FY 2024-25.»

schools are facing the possibility of temporary closures due to the city's escalating water shortage. The lack of water not only affects educational activities but also leaves children vulnerable to the scorching heat, with temperatures already exceeding 30 degrees Celsius. The city is experiencing a severe shortfall, needing 2,600 to 2,800 million litres of water per day but facing a deficit of over 1,500 MLD. More than 3,000 bore wells in the city have dried up, and 223 of the state's 236 talukas are affected by drought. City's Water Crisis The city's water crisis has reached such an acute stage that schools and residents willing to pay for water tankers are struggling to secure supplies. The destruction of lakes in Bengaluru, once known as the 'city of lakes,' has aggravated the situation. To address the crisis, the state government has taken over private water tankers, deploying over 200 on a contract basis to standardize rates.

MyGate on Thursday announced an offer to buy back shares held by employees under its stock ownership plan (Esop). The company is offering employees across all roles and business verticals who have worked for more than four years the opportunity to cash out 20% of their vested shares.

Laurentian Bank of Canada is still in talks with Rania Llewellyn over her severance pay, months after she was abruptly terminated as chief executive officer.