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After two years of frequent and costly weather disasters, the United States might make it to the end of this year with significantly fewer costly storms.  To find every billion-dollar weather disaster in the U.S. after 2020, 24/7 Wall St. reviewed the National Oceanic and Atmospheric Administration’s Billion-Dollar Weather and […]

First Lady Jill Biden has tested positive for Covid, just over a week after her husband President Joe Biden returned to public events after contracting the virus. Elizabeth Alexander, the first lady’s communications director, said in a statement, “After testing negative for COVID-19 on Monday during her regular testing cadence, […]

Earnings, as well as Labor Productivity and Costs for the second quarter, might be major points of attention on Tuesday. Early cues from the U.S. Futures Index suggest that Wall Street might open lower. Asian shares finished mostly higher, while European shares are trading lower. As of 7.40 am ET, […]

The Russian invasion of Ukraine, which began in late February, is approaching the half-year mark. It was a conflict that many experts expected to be over in a matter of weeks, if not days. Even for those who are not military experts, a quick end to the conflict seemed a […]

With increased consumer awareness and government support in place, it is the opportune time to enter the electric passenger vehicle segment, Mahindra Group chairman Anand Mahindra said on Monday. With an eye on gaining leadership in the electric four-wheeler segment, the Indian auto major announced that it will launch five […]

Asian stocks ended mixed on Monday a stronger-than-expected U.S. jobs report rekindled concerns over aggressive rate hikes by the Federal Reserve and Chinese imports data disappointed, highlighting weak domestic demand. U.S.-China tensions over Taiwan also remained on investors’ radar, with China announcing fresh military drills in the seas and airspace […]

Infosys CEO Salil Parekh, has praised the company’s founders for building an “incredible organisation”, and exuded confidence that the firm which “has always been solid” will “continue with that stability.” Parekh – who steered the firm to stability after a bitter spat between founders and then-management a few years back […]

Stock market investments are always said to involve risks and people who made big fortunes often made headlines as scamsters, leading to Dalal Street always being looked at with suspicion, but Rakesh Jhunjhunwala was broadly an exception. Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion […]

After moving sharply lower early in the session, stocks saw substantial volatility over the course of the trading day on Friday. The major averages showed wild swings as the day progressed before eventually closing mixed for the second straight day. While the Dow rose 76.65 points or 0.2 percent to […]