UPS Financial News

Inflation slowed to two per cent in August, hitting the Bank of Canada’s target and adding to the case for more aggressive interest rate cuts.

The world’s centi-millionaires — individuals with liquid investable assets of US$100 million or more — have ballooned by 54 per cent over the past decade, a new report shows.

The Mastercard Foundation’s new money-management arm is in expansion mode, and executives have been finding new employees from one place in particular — the Ontario Teachers’ Pension Plan.

By Franco Terrazzano

The Alternative Minimum Tax is an example of silly taxation policy creating complexity and it needs to be abolished — here’s why.

For all the hype that goes into them, Federal Reserve meetings are usually pretty predictable affairs. Policymakers telegraph their intentions ahead of time, markets react, and everyone has at least a general idea of what's going to happen.

Ajit Jain is just like a Sergeant in the Warren Buffet business empire but his recent action hinted trouble for the billionaire and his massive fortune. Recent reports reveal that Jain ended up selling off nearly half his stake in the company last week, and the reasons for the same are not entirely clear. Meanwhile, Berkshire Hathaway is reportedly mum on the issue, leading to potential alarm bells for the stock markets as well.

pub chain has several listed for sale. The well-known pub chain J D Wetherspoon is still looking for buyers for a number of its UK locations, including notable ones in Felixstowe, Swindon, and Cardiff. More venues have been added to the sales list since the initial announcement in 2023. If buyers are found for the chosen properties across Scotland, England, and Wales, the current portfolio of 790 pubs could be reduced by 10. Nevertheless, a few bars that were up for sale have managed to avoid closing and will continue to operate under the Wetherspoon name. Local customers will be surprised to learn that the Thomas Drummond in Fleetwood, which was initially put up for sale in February, has since been taken down from the market. Claire Buxton, the manager of the establishment, expressed her happiness at the decision, stating that it would be a delight for both patrons and staff. She added that they look forward to serving the Fleetwood community for many more years to come. Also Read: Why the iconic yellow school bus in the U.S is becoming a relic of another era?

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Planning to work longer is a popular escape hatch for Americans who feel they've saved too little to support themselves in old age.

According to Sheknows, Jennifer Lopez and Ben Affleck filed for a divorce on August 20 and got separated back in April 26, this year. But reports from Page Six, are saying that there are huge chance of Jennifer Lopez and Ben Affleck getting back together again along with the happy family they have. Also Read: iPhone 16 a flop? One data from an analyst wipes off $94 billion from Apple's market cap

Hindalco Industries plans to start solar modules manufacturing and set up a plant in the western state of Gujarat, two people familiar with the matter told Reuters on Tuesday. The company, owned by cement to fashion retail conglomerate Aditya Birla Group, is evaluating a five-year plan in the competitive sector, one of the sources said. Hindalco has identified land in port town Mundra in Gujarat, the second person said.

Logan Paul and KSI, the three popular youtubers have come together to start their business Lunchly. The release of Lunchly was done by an announcement of the three of them which will mainly have the school going kids as the target audience and Lunchly will have a school lunch which will be pre packed, reported the Mashable. Three of them, Logan Paul, MrBeast and KSI came together on a live stream to confirm that ‘Lunchly’ is here to rule and it will be available in the US markets and stores from the later part of this week and KSI also clarified that it will hit the markets of UK sometime later this year. According to Mashable, Lunchly will come with store locator on the site for the convenience of its customers. Also Read :This is the one thing that far-right activist Laura Loomer wants from Donald Trump

Women empowerment, technology, employment and balanced regional development have been the focus areas for the Micro, small and Medium Enterprises (MSME) ministry in the first 100 days of Modi 3.0 government, according to Jitan Ram Manjhi, Minister of MSME. Highlighting the ministry's achievements, Manjhi said, “We are encouraging women entrepreneurs to expand their enterprises and also for those who haven’t started their enterprises, to start one.” Guarantee coverage under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme for women has been increased to 90% from 85%, expected to benefit 4.5 lakh women-owned micro and small enterprises.

Modern 12-place setting dishwashers come equipped with advanced features like energy-efficient cycles, quiet operation, and powerful cleaning options that handle everything from delicate glassware to stubborn grease. Choosing the right model means investing in a machine that saves time, water, and effort while delivering consistently spotless results, making your kitchen more organised and manageable.

According to a Newsweek report, with almost 50 days remaining for the US presidential polls, things are going Donald Trump's way, or so it seems, looking at the fact that the key swing states are still in his favor, as per some latest poll surveys.

inflation cooled sharply to two per cent in August, according to Statistics Canada, marking a major milestone in the Bank of Canada’s efforts to tame price pressures.That’s half a percentage point lower than the 2.5 per cent annual rate recorded in July and continues a general cooling trend through 2024.The last time inflation was at or below two per cent was in early 2021.Statistics Canada pointed to cheaper prices on gasoline as driving down the headline inflation figure in August. Without the drop in gas prices, annual inflation would’ve been 2.2 per cent in August, StatCan said.Grocery prices rose 2.4 per cent annually in August, up from 2.1 per cent in July, mostly because of comparisons to sizeable price movements the same time last year.On a monthly basis, grocery prices were down 0.2 per cent from July to August, StatCan noted, thanks largely to seasonal drops in fresh vegetable costs.Another part of the basket seeing monthly prices drops last month was clothing and footwear, down 0.6 per cent.StatCan noted how rare this is — it’s the first time prices have fallen here in August since 1971 — given the month marks back-to-school shopping season.

Launched with the intention of commemorating Dogecoin’s tenth anniversary, Doge2014 is making major moves one after another. Investors in this meme coin can relive the glory days of Dogecoin.

interest rate cut and commentary, settling in the green for the second straight session. Nifty managed to end at a lifetime high of 25,418.55 on a closing basis. It was up by 34.80 points or 0.14% over Monday’s closing. Its 89.4-point trading range is the smallest in two weeks.

Reasons to buyReasons to avoidThe Ramdoot Furniture Wooden Sheesham Dining Set exudes elegance and charm. Crafted from premium sheesham wood, this set is a timeless addition to any home. The sturdy construction and intricate detailing make it a standout piece.