Five Pearls of Financial Wisdom from Jonathan Clements
Jonathan Clements, the longtime Wall Street Journal columnist, died this weekend. Here are some of his best ideas. Source link
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WEF survey flags weak 2026 outlook: Global growth seen slowing amid disruption; US tariffs pose challenge for India
The global economy is heading into a phase of weak growth and systemic disruption, the World Economic Forum (WEF) said in its latest Chief Economists’ Outlook released on Tuesday.India, projected by the IMF to grow 6.5 per cent in 2025, continues to be the fastest-growing major economy, but its manufacturing ambitions face hurdles from the…
Tariff Uncertainty Expected to Slow Global Economic Growth This Year
President Trump’s trade war is still playing out, and the full effect will be felt heading into next year, the latest projections show. Source link
GST rate cuts: No reduction of prices? Complain via WhatsApp, toll free number
Consumers who feel they have not received the benefit of the recent Goods and Services Tax (GST) rate cut can now raise complaints through multiple channels, the government said on Tuesday.A set of FAQs released by the Central Board of Indirect Taxes and Customs says that people can call the National Consumer Helpline (NCH) on…
Powell Stresses ‘Challenging Situation’ for Fed as Rate Debate Intensifies
Rising inflation and a weakening labor market have created a bind for the central bank, Jerome H. Powell, its chair, warned on Tuesday. Source link
Kenvue stock rebounds: Tylenol maker rises 6% after Donald Trump’s autism claims; analysts see limited legal impact
Shares of Tylenol maker Kenvue rebounded sharply on Tuesday, recovering from a steep fall triggered by President Donald Trump’s unfounded remarks linking the drug to autism.At the opening bell, Kenvue shares climbed more than 6 per cent, a day after plunging 7.5 per cent, AP reported. Trump had repeatedly instructed pregnant women to avoid Tylenol…
Nexstar and Sinclair Boycott Jimmy Kimmel’s Return to Late Night
Together, the two TV station groups, Sinclair and Nexstar, control more than 20 percent of ABC’s local affiliates. Source link
Gold rate today: Prices jump Rs 2,700 to Rs 1.18 lakh/10g in India; Rupee weakness and global demand drive rally
Gold rate today: Gold prices surged Rs 2,700 to hit a fresh peak of Rs 1,18,900 per 10 grams in the national capital on Tuesday, propelled by sustained global demand for the safe-haven asset and a sharp fall in the rupee following the US H-1B visa fee hike.According to the All India Sarafa Association, 99.9…
UBS settles French tax case: Bank to pay 835 million euros; 14-year legal saga ends with lower penalty
Swiss banking giant UBS will pay 835 million euros ($985 million) to settle a long-running legal case in France over assisting wealthy clients in evading taxes, the bank and French authorities announced on Tuesday.The settlement includes a 730-million-euro fine and 105 million euros in damages to the French state, bringing closure to the 14-year-old legal…
Rupee slips to all-time low of 88.75 against US dollar! Exporters cheer short term gains; importers face rising costs
The Indian rupee slipped to a record low of 88.75 against the US dollar on Tuesday, a fall of 47 paise that exporters said will improve price competitiveness in global markets, even as they flagged risks from volatility and higher import costs.Import-heavy sectors such as gems and jewellery, petroleum and electronics may derive limited benefit…