Eric Trump, Who Runs the Family Business, Hops Along on the Plane to China
The president’s middle son is said to be joining his father in a “personal capacity” rather than to make business deals. Source link
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Stock market today (May 13, 2026): Which are the top gainers and losers in BSE Sensex and Nifty50? Check list
Equity benchmarks ended slightly higher on Wednesday after four straight sessions of losses, with buying in metal, energy and FMCG counters helping markets recover from sharp intra-day swings.The BSE Sensex settled 49.74 points, or 0.07 per cent, higher at 74,608.98, while the NSE Nifty50 gained 33.05 points, or 0.14 per cent, to close at 23,412.60.Markets…
Trump Administration Will Withhold $1.3 Billion in Medicaid Payments to California
Vice President JD Vance said the state had not done enough to fight fraud in the public health insurance program. Source link
US wholesale prices jump 6% in April, biggest rise since 2022 as Iran war lifts energy costs
US wholesale inflation accelerated sharply in April, with producer prices recording their biggest annual increase since December 2022 as the 10-week Iran war pushed up energy costs and added pressure on companies to raise prices for consumers, AP reported.The US Labor Department said on Wednesday that its producer price index (PPI), which measures inflation before…
Wholesale Prices Jumped in April, in Latest Sign of War’s Economic Ripples
The Producer Price Index rose in April at its fastest pace in four years, government data showed, a day after consumer prices showed inflation was surging. Source link
US stock markets today (May 13, 2026): Wall Street trades mixed as inflation worries offset tech rebound
Wall Street traded mixed on Wednesday as another stronger-than-expected inflation report weighed on investor sentiment while a rebound in technology stocks helped limit losses, AP reported.The S&P 500 slipped 0.1 per cent in early trade, remaining close to the record high touched earlier this week. The Dow Jones Industrial Average fell 235 points, or 0.5…
Senate Confirms Kevin Warsh as Fed Chair
President Trump’s pick to replace Jerome H. Powell takes the helm at a highly uncertain moment for the economy and with heightened concern about the Federal Reserve’s ability to operate independently. Source link
Lilly expands specialty portfolio in India
New Delhi: US firm Eli Lilly is deepening its specialty portfolio in India across cardio metabolic health, oncology, neurology and immunology, with the launch of its Alzheimer’s therapy. The company has strategic partnerships with domestic drugmakers Lupin and Cipla in diabetes and metabolic care, and also markets the blockbuster weight-loss therapy Mounjaro in India.The treatment,…
What to Watch at Trump and Xi’s U.S.-China Summit
Here’s what to know about the biggest sources of tension in U.S.-China relations before the first summit in Beijing in nine years between the nations’ leaders. Source link
India targets $1 trillion exports in FY27 as Piyush Goyal bets on FTAs, global demand
Commerce and Industry minister Piyush Goyal on Wednesday asked exporters to target $1 trillion in goods and services exports in the current financial year, after India recorded an all-time high outbound shipment value of $863.11 billion in 2025-26, PTI reported.“This year, let’s aspire for a $1 trillion exports target. It’s possible,” Goyal said at an…