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President of the European Central Bank C...

President of the European Central Bank Christine Lagarde to step down. Here...

President of the European Central Bank Christine Lagarde to step down. Here's who is tipped to replace her European Central Bank President Christine Lagarde will step down on Feb. 7 next year, she announced Thursday. This article was created based on information from various sources and... read more »

Washington - While it is widely believed that money can not buy love, a new study has suggested that it can buy you happiness but only up to a ‘sweet spot’ of 36,000 dollars GDP per person. A new analysis led by economists Eugenio Proto in the Centre for Competitive Advantage in the Global Economy at the University of Warwick and Aldo Rustichini, from University of MInnesota found that as expected, for the poorest countries life satisfaction rises as a country’s wealth increases as people are able to meet their basic needs. However, the new surprise finding is that once income reaches a certain level – around 36,000 dollars, adjusted for Purchasing Power Parity (PPP) - life satisfaction levels peaks, after which it appears to dip slightly in the very rich countries. The researchers found suggestive evidence that this happiness dip in the wealthiest countries is because more money creates higher aspirations, leading to disappointment and a drop in life satisfaction if those aspirations are not met. The study was published in journal PLOS ONE.
Analysis: Kevin Warsh is keeping Wall St...

Analysis: Kevin Warsh is keeping Wall Street guessing. It may be his most p...

Analysis: Kevin Warsh is keeping Wall Street guessing. It may be his most powerful tool. The new chairman made clear he leans toward higher interest rates, but left himself options depending on how the data comes in. This article was created based on information from various sources and rewritten... read more »

Should AI Decide Your Court Case? This J...

Should AI Decide Your Court Case? This Judge Says Yes

Should AI Decide Your Court Case? This Judge Says Yes One of Englands top judges, Geoffrey Vos, believes that AI could adjudicate plenty of civil cases. The question, he says, is where the line should be drawn. This article was created based on information from various sources and rewritten for... read more »

I Put a Bunch of AI Agents in Charge of ...

I Put a Bunch of AI Agents in Charge of a Fantasy Soccer Team. Theyre Not B...

I Put a Bunch of AI Agents in Charge of a Fantasy Soccer Team. Theyre Not Better Than HumansYet To experiment with AIs predictive skills, I let Codex loose on a fantasy team. It tried to bench Erling Haaland at first, but it soon learned the error of its ways. This article was created based on... read more »

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Economy

Britain’s pound is beating every other major currency this ...

Britain’s pound is beating every other major currency this year ## Sterling Surges: Pound Outperforms Major Currencies Amid Economic Recovery Signs London – The British pound is demonstrating... read more »

Porsche CEO Oliver Blume to step down

Porsche CEO Oliver Blume to step down **Volkswagen Group Streamlines Leadership, Porsche CEO to Focus Exclusively on Parent Company** Wolfsburg,... read more »

Sensex Surges Nearly 700 Points as RBI Holds Rates Stea...

The Indian stock market roared to life today, with the BSE Sensex jumping nearly 700 points and the Nifty 50 climbing close to 1%, following the Reserve Bank... read more »

U.S. Indictments Against Gautam Adani: Bribery Allegati...

The U.S. Justice Department has initiated an investigation into potential bribery and corruption involving the Adani Group and its founder, Gautam Adani. The... read more »

Rupee Breaches 84 Against US Dollar Amid High Oil Price...

India’s financial markets are facing a turbulent period as the rupee plunged past the 84 mark against the US dollar for the first time on October 11, 2024.... read more »

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Investing

Latest Hindenburg Revelation Alleges SEBI Chief and Her Husband&#...

In a significant development that has sent shockwaves through India’s financial and political circles, Hindenburg Research has released new allegations implicating the current Securities and... read more »

BJP Criticizes Congress for Backing Hindenburg; Qu...

In a fierce political exchange, the Bharatiya Janata Party (BJP) has sharply criticized the Congress party for what it perceives as unwavering... read more »

Mysterious Warning from Hindenburg Research Sparks Spec...

In a cryptic message posted on X (formerly Twitter) on August 10, Hindenburg Research, a renowned short-selling firm, hinted at an impending revelation,... read more »

USA Stock Market Plummets: A Sign of Great Recession?

The US stock market has experienced a significant downturn in recent weeks, sparking concerns among investors and economists about the possibility of a great... read more »

Sensex score above 1300 and below 16600 for fear of Omi...

Indian stocks fell as the spread of the Omicron coronavirus ruined investor sentiment. The BSE Sensex benchmark dropped to 1,330 points and the Nifty 50 fell... read more »

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Gold & Metals

Gold Tumbles to More Than Five-Year Low, China Shares Eke Out Gai...

Gold prices tumbled to a more than five-year low Monday, and China shares rose modestly, after authorities’ weekend move to tighten the use of informal lending channels by stock investors. Gold... read more »

Rupee at at 63.39

The benchmark BSE Sensex trimmed initial gains and fell by 9 points in late morning trade, dragged down by FMCG sectors, while fresh selling was seen... read more »

Gold drops Rs 400, silver plunges by Rs 1,350

Gold, silver prices rise on brisk buying, global cues

Gold prices tumbled by Rs 400 to hit one-week low of Rs 26,750 per 10 grams at the bullion market today amid a weak global trend and low demand from jewellers... read more »

Gold futures gain 0.15% on firm global cues

NEW DELHI: Gold prices increased by 0.15 per cent to Rs 25,796 per 10 grams in futures trading today as speculators enlarged positions amid a better trend... read more »

Government cuts import tariff on gold and silver

NEW DELHI: The government has slashed import tariff value on gold to $375 per 10 grams and silver to $512 per kg following weak global price trends. During the... read more »

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Alphabet's free cash flow sinks further, Q3 capex expectations miss in worrying sign ...

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Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat

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Oil prices rise as Houthi attacks on Saudi Arabian refinery raise supply worries

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SK Hynix shares soar over 10 % as profit beats, chipmaker to return $25 billion to investo...

SK Hynix shares soar over 10 % as profit beats, chipmaker to return $25 billion to investors Shares of South Korean chipmaker SK Hynix soared over 10% on Wednesday as third-quarter profit... read more »

UBS pre-tax profits jump 27% to $3.59 billion in the third quarte...

UBS pre-tax profits jump 27% to $3.59 billion in the third quarter This article was created based on information from various sources and rewritten for clarity and... read more »