Poorest Americans Would Be Hurt By Trump’s Big Bill
Small improvements in taxes are overshadowed by cuts to health insurance and other federal aid, resulting in a package favoring the wealthy. Source link
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Infosys vs Cognizant fight gets uglier! Why are the two big IT firms battling it out in the US? Explained
The legal battle revolves around TriZetto, a healthcare software platform acquired by Cognizant in 2014. The Infosys vs Cognizant fight is getting uglier by the day. But why are the two IT sector giants locked in a battle or employees in the US? In an ongoing legal dispute between the two IT companies, Infosys has…
Cryptocurrency market today: Bitcoin holds near $107k amid tariff caution, Altcoins see mixed moves
The cryptocurrency market traded largely lower on Tuesday, with Bitcoin hovering just under $107,000 as investors stayed cautious ahead of the July 9 US tariff decision.As of 11:50 am IST, Bitcoin was down 1.2% at $106,984 after touching an intraday high of $108,317. Ethereum declined 1.7% to $2,460. The global crypto market capitalisation fell 1.12%…
Saks Is at a Crossroads, Facing Creditor and Vendor Unease
The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns about its finances remain. Source link
US Fed policy outlook: Fed chair Jerome Powell says central bank must remain ‘non-political’ as Donald Trump pressure mounts, rate cut still not ruled out
US Federal Reserve Chair Jerome Powell on Tuesday stressed the importance of political neutrality for the central bank, amid renewed pressure from President Donald Trump, who has criticised the Fed for not cutting interest rates more aggressively this year.Speaking at a central banking conference in Sintra, Portugal, hosted by the European Central Bank, Powell said:…
Ford Foundation’s New Leader Says She’ll Work to Protect Democracy
Heather K. Gerken, the dean of the law school, will run the powerful philanthropy, known for pushing for social justice. Source link
Air India Boeing 787 crash: What brought down AI 171 plane in Ahmedabad? Simulation puts focus on technical failure
Air India pilots have conducted simulations of the ill-fated flight’s conditions. (PTI photo) Air India plane crash: Over a fortnight after the fatal Air India aircraft disaster that claimed lives of all onboard except for a single survivor, investigators alongside the airline are analysing the possibility of simultaneous engine failures that may have caused the…
Thought Markets Were Volatile in the First Half? Watch Out.
Stocks have rebounded, but the dollar is in a deep slump. Here’s what could go right (and very wrong) for investors. Source link
US stock market today: Wall Street dips as Tesla tumbles amid widening Trump-Musk rift, dollar weakens ahead of tariff deadline
US stocks drifted lower Tuesday as Wall Street’s recent momentum slowed and shares of Tesla tumbled sharply amid an escalating rift between Elon Musk and President Donald Trump.The S&P 500 slipped 0.3% and appeared on track to break a three-day winning streak that had carried it to record highs. The Dow Jones Industrial Average dipped…
Amtrak to Begin Mardi Gras Service Route Connecting New Orleans to Alabama
The Mardi Gras Service, starting on Aug. 18, will connect New Orleans and Mobile, Ala., by train for the first time since Hurricane Katrina in 2005. Source link