Waves Financial News

The average long-term U.S. mortgage rate fell again this week, but remains near the 22-year high it hit three weeks ago, little relief for house hunters facing a market held back by persistently high prices and a near-historic low number of homes for sale

A couple of months ago, in this article, I argued that one characteristic of higher-inflation environments is that the volatility of inflation numbers is also high.

By John Kemp

Google will soon require that political ads using artificial intelligence be accompanied by a prominent disclosure if imagery or sounds have been synthetically altered

Australian Retirement Trust, the country’s second largest pension fund, is scouring the world for a new chief executive officer after Bernard Reilly announced he was stepping down.

Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses

As the Malayalam mega star Mammootty celebrates his 72 birthday on Tuesday, social media has gone crazy to wish the superstar on his birthday. Social media is flooded with birthday wishes for Mamootty, fondly called as 'Mammukka'.

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Another, published last year, found that marigolds and sage plants exposed to the noise of traffic from a busy motorway suffered stunted growth, and produced a range of stress compounds. Other research, much of it done in China, reports that certain frequencies, played in acoustically controlled environments like greenhouses, can affect seed germination and even boost crop yields. And plants can make noises, too, albeit not deliberately.

Some workers are celebrating their promotions by walking out the door. Promotions are typically considered milestones that solidify an employee’s place at a company. That is not always the case, new research shows.

Don’t throw out that seemingly outdated at-home rapid Covid-19 test just yet. It may still be good. The Food and Drug Administration has been extending expiration dates for some authorized at-home, over-the-counter Covid test kits, meaning some unused tests may still be viable.

Congress president Mallikarjun Kharge on Wednesday said the alliance of like-minded opposition parties named INDIA has worried the BJP which is now trying to drop India and keep only Bharat as the country's name. «The Constitution states India means Bharat.

Sectorally, buying was seen in telecom, FMCG, consumer durables, and oil & gas while realty, metal, and public sector stocks saw heavy selling. Stocks that were in focus on Wednesday include names like Syngene International (up over 4%), Petronet LNG (closed with gains of nearly 7%), and Castrol India (rose more than 4% to hit a fresh all-time high). We have collated a list of these three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or price breakout. We spoke to analyst Sunil Gurjar on how one should look at these stocks the next trading day entirely from an educational point of view:Here’s what the Founder of Chartmojo (author, CFTe, CMT Level 3 Cleared) had to say:Castrol India The stock is looking good on the charts and formed a trend reversal pattern called Ascending Triangle Reversal. The counter is also supported by volume buildup. The stock has also given a breakout from stage 2 and is trading above the 30-Week Moving Average, which we use for filtering out uptrend in the stock. The view will be invalid below the low of the pattern breakout candle and, on the way up, the stock should breach the all-time high (ATH) which is pegged at 196.Petronet LNG Petronet has been faring well and has been trading in a strong uptrend.

FIR filed against Editors Guild members for biased report on Manipur clashes The Editors Guild had earlier criticised the state's internet ban, highlighting its adverse effects on media reporting. They also raised concerns about biased reporting by certain media outlets and suggested that the state's leadership had exhibited a partisan stance during the ongoing conflict.

Israel’s Police National Cyber Crime Unit reportedly conducted a massive investigation into a local company, uncovering a crypto scam where hackers stole millions using malicious software.

Reliance Jio has shared with Telecom Regulatory Authority of India (Trai) a recent decision taken by New Zealand government allowing use of 24-30 GHz spectrum, part of Ka band, for satellite and mobile services to highlight its point. Jio has stressed that the suggestion for flexible use of spectrum is based upon the latest changes in technology and standards which have allowed the creation of integrated and converged networks. As per Trai’s consultation paper on assignment of spectrum for space-based communication services, Ku band ranges from 10 GHz to 15 GHz while Ka band ranges from 17 GHz to 31 GHz. As per Jio, the New Zealand government has agreed to allocate 24.25-27.5 GHz primarily for mobile use, with an option to include some satellite services in some areas. Bands in the 27.5-28.35 GHz range are to be shared for mobile and satellite services while 28.35-29.5 GHz to be allocated for satellite services with the option to include some mobile use. “The above decisions clearly show that the New Zealand government has recognised the need for flexible use of spectrum in the wake of imminent technological convergence in telecommunication networks under integrated and converged satellite and terrestrial networks,” Jio said in a letter dated September 5 to Trai chairman PD Vaghela. As per Trai, Ku band can be used for both fixed satellite services and mobile satellite services.

Resources Minister Madeleine King says tax breaks for critical mineral projects and lithium processing are “on the table”, as the government seeks to compete with US and allied nations for international investment.

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tropical storm situated 1,400 kilometers away from the Caribbean Islands now is most likely to gain strength and turn into a hurricane very soon. Weather forecasters have said that the tropical storm may explode into the powerful Hurricane Lee by Saturday. The National Hurricane Center has said that Hurricane Lee may strengthen further with a sustained wind speed of 140mph by Sunday.

For small businesses that rely on summer tourism to keep afloat, extreme weather is replacing the pandemic as the determining factor in how well a summer will go

₹100 crore from two entities backed by the Kamath brothers, Nitin and Nikhil, the co-founders of broking firm Zerodha. This investment was in private capacity and raises the family’s stake in the company to 3.5%. “This concept of investing in India has been encouraged —other investors like Rakesh Jhunjunwala did a fairly good job.