UPS Financial News

Stocks slipped to send Wall Street to a rare losing week, just its second in the last 16

The head of the World Trade Organization says the body remains relevant and its leaders focus on reform “no matter who comes into power” as Donald Trump — who as U.S. president bypassed WTO rules by slapping tariffs on America’s friends and foes alike ...

Stocks that traded heavily or had substantial price changes on Friday: DoorDash, Treehouse Foods fall; Trade Desk, Toast rise

The maker of ChatGPT is now diving into AI-generated video

Four major gambling revenue records were smashed in New Jersey in January

Paramount Pictures’ Bob Marley biopic “Bob Marley: One Love” outperformed expectations to debut at No. 1 at the box office with a $27.7 million opening weekend

Two years after California launched an effort to keep organic waste out of landfills, the state is behind on getting food recycling programs up and running

Video game studios pay professional actors to voice the soldiers, goblins, elves and aliens that populate virtual worlds

A lot people think Google searches are getting worse

A New York judge has spared Donald Trump a “corporate death penalty” ruling, but his business did get hit hard with bans and cash penalties

On the witness stand last year, Donald Trump proclaimed: “I have a lot of cash.”

A passenger jet with 106 people on board had to return to the Belgrade airport after it hit runway equipment and sustained severe damage shortly after takeoff from the Serbian capital

The former chairman of the Bank of China has been indicted on bribery charges, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping’s yearslong anticorruption drive

European shares opened lower after a mixed session in Asia as Chinese markets reopened from a long Lunar New Year holiday

Donald Trump’s legal debts might now exceed a half-billion dollars

George Washington was uneasy about the idea of commemorating his life

As he closes in on the Republican presidential nomination, former President Donald Trump made a highly unusual stop

India has slipped to the 85th spot on the Henley Passport Index. India had gone up to 80th position in January when the rankings for 2024 were unveiled. The Henley Passport Index is updated monthly. Six countries still jointly hold the top position in the 2024 Henley Passport Index, offering their citizens visa-free access to a record-breaking number of destinations. The most powerful passports in the world now allow citizens of France, Germany, Italy, Spain, Japan, and Singapore to travel 194 out of 227 destinations worldwide without requiring a visa, according to data from the International Air Transport Association (IATA). Four EU members have joined them at the top: Germany, Italy, Spain, and France.

Whirlpool of India's foreign promoter, Whirlpool Corporation, is looking to sell up to 24% stake in the company through block deals in a transaction worth around $450 million, according to news reports. The floor price for the sale has been set at Rs 1,230 a share, which is at a discount of nearly 8% to the current market price of the stock. On Monday, Whirlpool shares closed nearly flat on the BSE at Rs 1,332.

Karnataka Congress government will be paying Rs 15 lakhs as compensation to the family of a man killed by an elephant from the state in AICC leader Rahul Gandhi’s Lok Sabha constituency of Wayanad in Kerala. Gandhi, who broke away from his scheduled Bharat Jodo Nyay Yatra as a part of his Lok Sabha campaign to visit the victim's family on Saturday, had asked the Karnataka government to compensate the family on humanitarian grounds. The Karnataka government’s move comes at a time when Lok Sabha elections are a few months away, with the ruling Left Democratic Front in Kerala being a part of the Congress’ INDIA alliance for the Parliament polls, but a rival at the regional level. In a letter to Gandhi, Karnataka forest minister Eshwar Khandre said that his department plans to host a meeting with forest departments of Kerala and TamilNadu to come up with an action plan for avoiding man-animal conflicts. Karnataka, the minister wrote, had the highest number of elephants in India at 6,395. “Due to several reasons, forest cover is decreasing and the number of elephants coming into the human habitat is increasing,” he added.

Retirement planning has become a crucial consideration for individuals in the ever-changing Indian landscape. With demographic shifts and an ageing population, strategic retirement planning holds even greater importance. To assist these individuals, the State Bank of India (SBI) offers a scheme for reverse mortgage loans so that they can sustain themselves financially. Through this scheme, the bank offers payments to borrowers in exchange for the mortgage of their residential property.