UPS Financial News

Stocks drifted to a mixed close near the all-time highs they set last week

Stocks that traded heavily or had substantial price changes on Wednesday: General Mills, Worthington fall; FedEx, Rivian rise

Many Midwestern homeowners hit by bad flooding this week do not have flood insurance

Two astronauts are spending extra time at the International Space Station as NASA and Boeing troubleshoot capsule problems that popped up on the way there

Amazon has joined the exclusive $2 trillion club after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold

England v/s Slovenia group stage match of the Euro Cup 2024 turned into a complete snoozefest after England managed to end up with a draw against a rather weak Slovenia. Gareth Southgate ended up facing the complete fury of this draw as England fans cheered with a bunch of boos and empty cups right after the final whistle, says Daily Star. The Three Lions were playing their final Group C game and qualified for the knockout stage, but their overall performance in the game did not pacify fans who are somehow concerned about the future of England in the knockout stage, if their current form continues. The Balkan nation of Slovenia held England goalless even though the The Three Lions tried to create multiple opportunities in the second half but to no avail.

Japanese Yen. The Japanese Yen dipped to its lowest level since 1986, and fell 0.4% to 160.39 per US Dollar. The month end has caused demand to spike up in crude oil and Brent prices were up 0.58% and were trading at $85.5

This article delves into the top 10 formal shoes for men that not only exude sophistication and elegance but also come under an affordable budget of 5000. We've carefully curated this list to help you make a smart and stylish choice without breaking the bank.

GST Intelligence (DGGI) has sent fresh summons to online gaming companies, including Delta Corp, seeking details of the cashback given to the players from October onwards. The agency detected reimbursements of taxed money back to players as cashback in a separate promo account by online gaming companies post implementation of the 28% GST (goods and services tax) on the full entry level betting amount. The DGGI Gurgaon has sent summons for a period between October 2023 and June 15, 2024, ET has learnt.

BlackRock has entered into a strategic partnership with financial technology firm GeoWealth, expanding its offerings in the $37 trillion US wealth market.

With the economy appearing to be less worrying, more Americans say they are more comfortable investing than they were a year ago but want to ensure they have the right advice on finances.

Jim Dickson, the former CEO of Sanctuary Wealth, has teamed up with fellow industry icon Mark Penske to launch a growth-focused wealth management firm dedicated to supporting independent-minded advisors and RIAs.

There’s gold in them thar portfolios. And a new study expects there to be even more soon.

The biggest US banks haven’t waited for this week’s stress tests to signal optimism about their capital levels.

cyber-attacks in recent times on the critical water infrastructure in the US has exposed its gaps in cyber security. These attacks carried out allegedly by Russia, China and Iran have added to the stress on the system as well as lowered the public confidence. It has been reported that the US National Security Advisor Jake Sullivan has also issued a note to all stake holders to take note and work towards stepping up security on various networks which are connected to the water infrastructure. There is an increasing tendency to use AI in carrying out various cyber-crimes.

Electric vehicle manufacturer BGauss has launched its latest EV, the BGauss RUV 350. This new e-scooter comes in three variants: RUV 350i, RUV 350 EX, and RUV 350 Max. Prices start at Rs 1.10 lakh for the base model, going up to Rs 1.35 lakh for the top-spec variant. Deliveries will begin in July through BGauss's network of 120 dealerships across India. The RUV 350 features a 3.5kW electric motor, delivering a peak torque of 165 Nm and a top speed of 75 kmph. It is powered by a 3 kWh lithium LFP battery. The top-spec model boasts a range of up to 120 km on a single charge, while the RUV 350 EXi and RUV 350 EX variants offer ranges of up to 90 km. The e-scooter is built on a micro-alloy tubular frame with suspension duties handled by a telescopic fork at the front and twin shock absorbers at the rear. Braking is managed by drum brakes on both ends, and it rides on 16-inch wheels with tubeless tyres.

Paradigm Realty has entered into agreements to redevelop 11 housing societies spread across land parcels of more than five acres in Mumbai’s western suburb of Bandra and Kandivali. The project has gross consolidated revenue potential of around Rs 4,500 crore. These projects in Bandra’s Pali Hill and Carter Road areas, and Kandivali’s Mahavir Nagar, are estimated to have development potential of over 2.8 million sq ft. The projects in Pali Hill and Carter Road are spread over around half an acre each with development potential of 1.5 lakh sq ft and 1.6 lakh sq ft and estimated revenue of Rs 500 crore, respectively. The Mahavir Nagar project has a development potential of over 2.5 million sq ft of which the free-sale RERA carpet area of up to 1 million sq ft holds a gross development value of nearly Rs 3,500 crore.

Stocks that traded heavily or had substantial price changes on Tuesday: Carnival, Enovix rise; Pool, SolarEdge fall

A rebound for Nvidia propped up a weakened Wall Street and kept U.S. stock indexes close to their records

American consumers lost some confidence in June as expectations over the near-term future fell again

A global tax on the super-rich is proposed in a new report that Brazil commissioned for its current presidency of the leading 20 rich and developing nations