UPS Financial News

JD Vance, Republican Donald Trump's pick as his vice presidential running mate, squared off against Minnesota Governor Tim Walz, who Democrat Kamala Harris tapped to be her No. 2, in a nationally televised debate on Tuesday. The debate is likely the final one of the 2024 presidential campaign, potentially giving it some additional weight ahead of the Nov. 5 election. Here are some takeaways from the event in New York:

Subscribe to enjoy similar stories. The Reserve Bank of India’s (RBI) caution on gold loans is likely on account of the brisk growth in the segment, analysts said, but a secured asset class like bullion would still present fewer risks than what was seen in personal loans. On Monday, the regulator flagged deficiencies in gold-lending practices in using third-party agencies, besides inadequate due diligence and monitoring of end use of funds.

Subscribe to enjoy similar stories. Front-running, a practice that undermines the fairness of financial markets, has come under the spotlight, with the Securities and Exchange Board of India (Sebi) tightening its grip on brokerage firms that have access to information on stock trades and other financial assets. Cases involving prominent fund houses like Axis Mutual Fund and Quant Mutual Fund have grabbed headlines recently for their links to these cases.

Subscribe to enjoy similar stories. If I had the chance to relive my life, I'd love to study economics and history in college—or even better, delve into the economics of history and the history of economics—instead of the mathematics and information systems I ended up specializing in. However, there's a catch with this counterfactual.

Subscribe to enjoy similar stories. New Delhi: India's apex consumer protection body has pulled up leading foreign and Indian liquor makers over so-called surrogate advertisements, in which liquor brands piggyback non-alcohol products.

Subscribe to enjoy similar stories. Mumbai: Sterling and Wilson Renewable Energy (SWRE) chairman Khurshed Daruvala said his family is not exiting the company, and his stake sale last week was to fund another investment for settling the Sterling and Wilson Group's debt woes. Shares of the solar sector EPC (engineering, procurement and construction) firm crashed nearly 8% in the last two trading sessions after promoters Daruvala and Shapoorji Pallonji and Company Pvt.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Time is a thief, and 62-year-old Naveen Fernandes feels its grip tightening. With stage IV cancer gradually consuming his body, he is not interested in a futile fight against the clock but in leaving a lasting legacy. As life inches towards its final chapter, the Bengaluru resident refuses to let cancer extinguish his dreams – rooted in hope, love and social commitments – as he crafts a financial road map to secure his family's future.

Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models

The federal government has given a key approval to an offshore wind farm in New Jersey

Several businesses from a quaint mountain town in the Blue Ridge Mountains are concerned how Tropical Storm Helene's devastation in western North Carolina will affect the local economy

The holidays are the busiest time of year for many small retailers and other businesses

Power is still out for well over 1 million people in Georgia, South Carolina and North Carolina five days after Hurricane Helene tore down trees and destroyed much of the electric grid

U.S. stocks pulled back from their records after a sharp escalation of tensions in the Middle East raised worries about potential disruptions to the flow of oil

A former financial manager for the NFL’s Jacksonville Jaguars who stole $22 million from the team is suing FanDuel for $250 million, saying the betting company preyed on his gambling addiction

California will soon help end the everyday household debate over whether the food in the fridge is still good to eat

Young Canadians are still striving to enter the housing market even as affordability barriers persist, a new report from Royal LePage suggests.

travel insurance is evolving rapidly to keep up with changing travel habits of modern travellers seeking unique experiences and adventure amid a post-Covid travel boom. A new breed of policies now caters to adventurous and niche activities like golfing and scuba diving besides offering emergency coverage for pre-existing conditions, home-to-airport coverage, upgrading to business class due to health reasons and even pet care. For instance, some insurers are offering coverage that reimburses golfers for the cost of a hole-in-one celebration — a grand party a golfer must host if he/she manages to hit the ball from the tee all the way to the hole in a single stroke.

natural gas trading hub to help develop a competitive domestic gas market. The oil ministry officials recently held a meeting with gas industry executives to discuss the need for a hub, where prices reflect the domestic supply and demand fundamentals, according to people familiar with the matter. The government may soon set up a committee to suggest a roadmap to build a hub, they said. Henry Hub in the US offers the most referenced gas pricing in the world due to its large trading volume, liquidity and transparent pricing. Henry Hub is a gas pipeline in Louisiana connected to several gas markets in the US. It serves as the delivery point for futures contracts on the New York Mercantile Exchange (NYMEX). Britain's National Balancing Point (NBP) is a virtual hub, which reflects the gas price in the entire country without factoring in the transport costs, which are levied separately.

Tata Motors is set to advance the annual maintenance shutdown of its passenger vehicle plants due to mounting stockpiles-equivalent to up to two months of sales-amid slowing sales across its petrol, CNG and electric cars, multiple people aware of the company's plans said. This is to align production with demand and correct the stock before the calendar year ends, they said. Typically, auto companies take annual maintenance shutdowns in December to correct stock levels of the ongoing calendar year and make way for the new calendar year models. Tata Motors would be the first passenger vehicle maker to pare output amid slowing sales this year, people cited above said. Other automakers are likely to take a call on paring their output post the festive season, they added. After a scorching pace of growth for three years, passenger vehicle sales in India hit the slow lane this year. Sales are estimated to have declined in September over the year-ago period, marking a third consecutive month of decline.