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This AI stock is surging after an ex-Ope...

This AI stock is surging after an ex-OpenAI employee's fund disclosed ...

This AI stock is surging after an ex-OpenAI employee's fund disclosed a stake. Here's why ## Investment Surge Propels Nebius Amidst Strategic Stake Acquisition **Amsterdam, Netherlands – [Insert Date]** – The stock of Nebius, a prominent Dutch cloud infrastructure provider,... read more »

New York passes Mamdani's pied-a-te...

New York passes Mamdani's pied-a-terre tax. Here's who pays and h...

New York passes Mamdani's pied-a-terre tax. Here's who pays and how much **New York City Enacts Luxury Residence Tax Amidst Debate** New York City has officially passed a new tax targeting high-value residential properties, a move that has ignited considerable discussion regarding its... read more »

Illinois Lawmakers Just Passed Americas ...

Illinois Lawmakers Just Passed Americas Strongest AI Safety Bill

Illinois Lawmakers Just Passed Americas Strongest AI Safety Bill ## Illinois Legislators Advance Landmark AI Governance Framework **SPRINGFIELD, IL** – In a significant move towards preemptive regulation of artificial intelligence, the Illinois General Assembly has passed a comprehensive bill... read more »

Amazon Thinks the Future of Data Centers...

Amazon Thinks the Future of Data Centers Depends on a Technical Problem It ...

Amazon Thinks the Future of Data Centers Depends on a Technical Problem It Just Solved **Amazon Web Services Unveils Networking Advancement Poised to Redefine Cloud Data Flow** Seattle, WA – Amazon Web Services (AWS), the cloud computing behemoth, has announced a significant technological leap... read more »

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Economy

RBI outlines broad plans on $150 billion bank bad loan resolution

The Reserve Bank of India (RBI) outlined the broad contours of a plan to resolve the $150 billion bad debt problem plaguing the country’s banks Mumbai: The Reserve Bank of India (RBI) outlined on... read more »

GST: Govt dictating prices goes against free-marke...

In an interview  on Monday, revenue secretary, Hasmukh Adhia, gave out an explicit warning to companies planning to increase prices on products... read more »

Heavy Bikes, Luxury Yachts, Private Jets to Attract 31 ...

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Srinagar: Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private... read more »

Strong U.S. job growth, rising wages set stage for Fed ...

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WASHINGTON (Reuters) – U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the... read more »

Volkswagen pleads guilty in U.S. court in diesel emissi...

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DETROIT/WASHINGTON (Reuters) – Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3... read more »

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Investing

Lloyds, two others dismissed from yen Libor litigation in U.S

NEW YORK (Reuters) – A U.S. judge on Friday dismissed Lloyds Banking Group Plc , ICAP Europe Ltd and Tullett Prebon Plc as defendants from litigation alleging a conspiracy among many financial... read more »

Crunch week as Fed meets on rates, Trump team join...

LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality... read more »

Some bank bulls grow wary on policy uncertainty

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(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates,... read more »

State-owned carrier Air India understated losses –...

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NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March... read more »

India’s Avenue Supermarts IPO oversubscribed 106 ...

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MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the... read more »

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Gold & Metals

Gold remains weak on low demand; silver recovers

NEW DELHI: Gold prices fell further by Rs 75 to Rs 27,025 per ten gram at bullion market here today on subdued demand even as the metal strengthened overseas. Silver, however, found fresh buying... read more »

PRECIOUS-Gold rises 2 pct as year-end jitters knoc...

Gold rose 2 percent on Tuesday, while silver jumped more than 4 percent as the dollar weakened and stock markets slid, with concerns over tension... read more »

Gold futures rise to Rs. 26,812 per 10 gm

Gold prices rose 0.86 per cent to Rs. 26,812 per 10 grams at the futures trade today as speculators created fresh positions, taking positive cues from the... read more »

Gold steady at Rs 27,000 on scattered buying; silver re...

Gold prices on Wednesday held steady at Rs 27,000 per ten gram at the bullion market in the national capital on scattered buying by retailers. However, silver... read more »

Gold prices fall by 0.21 per cent in futures trade on g...

Gold prices eased by 0.21 per cent to Rs 26,800 per 10 grams in futures trade on Tuesday, tracking a weak global trend, as speculators offloaded their... read more »

More from Business

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: What Stephen Miller gets wrong about debt, deficits and immigration

Analysis: What Stephen Miller gets wrong about debt, deficits and immigration **Federal Deficit Debate: Examining the Role of Immigration Policy** Recent pronouncements from a senior White... read more »

Harden leads Rockets to win over Warriors in NBA match

Snowflake rockets 35% on earnings beat and plan to spend $6 billion on Amazon cloud

Snowflake rockets 35% on earnings beat and plan to spend $6 billion on Amazon cloud **Snowflake Deepens AWS Partnership, Unveils Ambitious Cloud Investment Strategy** **SAN MATEO, CA –... read more »

What Pope Leo XIVs First Encyclical Says About the Power of AI

What Pope Leo XIVs First Encyclical Says About the Power of AI ## Pontiff Sounds Alarm on Digital Dominance in Inaugural Encyclical **Vatican City** – In his highly anticipated first... read more »

Why the Vatican Invited Anthropic to the Popes AI Encyclical Presentation

Why the Vatican Invited Anthropic to the Popes AI Encyclical Presentation **Vatican Forges New Frontier with AI Developer at Landmark Encyclical Debut** The Vatican has signaled a... read more »

SK Hynix hits $1 trillion valuation as AI boom lifts South Korean...

SK Hynix hits $1 trillion valuation as AI boom lifts South Korean chip stocks **SK Hynix Surpasses $1 Trillion Market Cap Amidst AI-Driven Semiconductor Surge** Seoul, South Korea – South Korean... read more »

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