In High-Profile Closings, Los Angeles Restaurateurs See Trouble
The city’s turmoil, from wildfires to curfews, has exacted a toll on some of its best-loved restaurants and raised worries about the future. Source link
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US markets today: Stocks hover near records after consumer inflation data rise; global cues mixed
Wall Street traded near record highs on Thursday as fresh US economic data reinforced expectations that the Federal Reserve will cut interest rates next week to support growth. The S&P 500 rose 0.3% in early trade after setting new records in the last two sessions, while the Dow Jones Industrial Average advanced 95 points and…
In the Wake of the Kirk Assassination, a Call for Leadership
The killing of the political activist raises new questions about the rise of targeted violence against public figures like politicians and business leaders. Source link
ECB policy: Rates left unchanged at 2% as eurozone weathers Trump tariffs; Christine Lagarde faces France test
The European Central Bank (ECB) kept its benchmark deposit rate steady at 2% on Thursday, with inflation back under control and the eurozone economy showing resilience despite US President Donald Trump’s tariff measures.At the post-decision news conference, attention is expected to focus on ECB President Christine Lagarde’s remarks on France’s fiscal crisis and whether the…
CPI Shows Pace of US Inflation Likely to Keep Fed Cautious on Rate Cuts
The central bank is likely to lower borrowing costs at its meeting next week amid budding concerns about the labor market. Source link
Highway toll policy: Nitin Gadkari says plan to benefit bus operators, green hydrogen truck corridors identified
The road transport ministry is preparing a toll policy to extend benefits to both state and private bus operators who use national highways, Union minister Nitin Gadkari said on Thursday.The government has already rolled out a FASTag-based annual pass for non-commercial vehicles at Rs 3,000 from August 15, aimed at easing highway travel. The pass…
Auto sector: India moves to boost high-grade steel production to reduce import dependence; Kumaraswamy assures ‘all necessary support’
India moves to boost high-grade steel production to reduce import dependence; Kumaraswamy assures ‘all necessary support’ India is stepping up efforts to manufacture specialised high-grade steel for the automobile sector in order to cut down reliance on imports, Union minister for steel and heavy industries H D Kumaraswamy said on Thursday.Speaking at the annual convention…
$4 billion P-8I naval aircraft defence deal: US team may come to India to negotiate sale; talks amid fresh trade deal push
The discussions will focus on India acquiring six P-8I naval patrol aircraft. (File photo) Amid signs of progress in India-US trade deal talks, a US team of defence officials and Boeing representatives is likely to visit India next week for talks on a multi-billion dollar deal for patrol aircraft.According to a Bloomberg report, officials from…
Provident Fund withdrawals by ATM, bank-like seamless transactions: EPFO may rollout benefits before Diwali; check details
The EPFO may consider the EPFO 3.0 initiative at its meeting next month, aiming to introduce facilities similar to banking services. (AI image) In a big cheer for Provident Fund subscribers, the Employees’ Provident Fund Organisation (EPFO) may roll out features like withdrawals from ATMs and ban-like transactions ahead of Diwali.The meeting, to be chaired…
‘Progress is being made’: Piyush Goyal says ‘first tranche’ of India-US trade deal likely by November; Trump-Modi signal thaw in ties
India-US trade deal talks India-US trade deal: Commerce Minister Piyush Goyal on Thursday exhibited confidence that India and the US will be able finalise the first tranche of a trade deal by November this year.During a press briefing in Patna, Piyush Goyal said, “In February 2025, Prime Minister Narendra Modi and President Trump together instructed…