Services prices cooled off in November, helping to slow the overall pace of inflation. That subset of the indexes has been the driver of price growth in 2024, as wage growth has continued apace. Housing-related costs are also classified as services—and have been a particular source of upward pressure on inflation. Services prices in the…
Cross Timbers Royalty Trust declares $0.0622 dividend #Cross #Timbers #Royalty #Trust #declares #dividend
A panel of small business owners discuss their outlooks for a second Trump administration during an appearance on ‘The Big Money Show.’ The anticipation of Donald Trump returning to the White House sparked a surge of optimism on Main Street, according to multiple post-election surveys. The NFIB’s latest Small Business Optimism Index jumped 8 points…
By Jack Queen and Helen Coster (Reuters) – President-elect Donald Trump is adopting a wide-ranging legal strategy in suing media companies over what he describes as false or misleading coverage about him, filing cases under civil anti-fraud laws in addition to defamation lawsuits. Some legal experts say the cases appear aimed at punishing outlets for…
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US president-elect Donald Trump has warned the EU that it must commit to buying “large scale” amounts of US oil and gas or face tariffs, in his first trade salvo against Brussels since…
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The Adani Group has announced several intended investments for Bihar, including in thermal power, smart meters, cement, logistics, gas distribution and agri-logistics sectors. The announcements were made by Pranav Adani, Managing Director (Agro, Oil & Gas) and Director of Adani Enterprises at the 2024 Bihar Business Connect investor summit on Friday. “Nitish-ji, your vision and…
Federal Reserve Chair Jerome Powell surprised markets on Wednesday evening.Jacquelyn Martin/AP The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%. The central bank also projected two cuts next year instead of four, sending stocks tumbling. Many analysts see the reaction as overdone. The Federal Reserve cut its benchmark interest rate…
Rezolve Ai rises 4%, prices $15M stock offering #Rezolve #rises #prices #15M #stock #offering
Patrick Industries CEO Andy Nemeth unpacks the future of the housing market on ‘The Claman Countdown.’ National retailer Big Lots, which is based in Columbus, Ohio, announced Thursday that it will begin having Going Out of Business (GOB) sales at all of its remaining stores. The retail chain also announced it does not anticipate completing…
Investing.com– U.S. stock futures fell in Asian trade on Friday after a spot-gap spending bill backed by President-elect Donald Trump was voted down in Congress, raising the prospect of a government shutdown. fell 0.4% to 5,912.50 points, while fell 0.5% to 21,263.0 points by 22:10 ET (02:10 GMT). fell 0.3% to 42,661.0 points. Futures extended…
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US Congress has just 24 hours to find a deal to keep the government open after the House of Representatives voted down a funding bill on Thursday night despite support from Donald…
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A video showcasing the aftermath of what a Goa homestay owner describes as a chaotic stay has gone viral on social media, sparking discussions about guest behaviour and property respect. The clip, uploaded by the owner of The Golden Perch- a popular Airbnb rental- depicts a scene of disarray allegedly left by guests after…
By Lisa Baertlein and Abhinav Parmar (Reuters) -FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures its operations to focus on its core delivery business, sending shares in the parcel delivery giant up as much as 10% in after-hours trading. Analysts believe the spinoff could unlock up to $20…
Granite Point Mortgage Trust declares $0.05 dividend #Granite #Point #Mortgage #Trust #declares #dividend
OpenAI CEO Sam Altman and Anduril Industries co-founder and CEO Brian Schimpf discuss the future of AI and the ethical use of technology on ‘Making Money.’ OpenAI CEO and co-founder Sam Altman opened up about Elon Musk’s feud with him and his view of how regulations related to artificial intelligence (AI) development should be framed. Altman…
NEW YORK–(BUSINESS WIRE)–The New York Times (NYSE:) Company’s Board of Directors today declared a regular quarterly dividend of $.13 per share on the Company’s Class A and Class B common stock. The dividend is payable on January 23, 2025, to shareholders of record as of the close of business on January 9, 2025. The New…
Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. The Bank of England has warned that stubborn inflation will prevent it from cutting interest rates quickly, as it kept monetary policy on hold despite downgrading growth prospects. In a six-to-three decision on Thursday,…
Speaker of the House Mike Johnson, R-La., takes questions from reporters after presenting his final version of an interim pending bill to his caucus, at the Capitol in Washington, Tuesday, Dec. 17, 2024. President-elect Donald Trump has now abruptly rejected the bipartisan plan to prevent a Christmastime government shutdown. Instead, he’s telling House Speaker Mike…
The GST Council is deliberating the issue of including Aviation Turbine Fuel (ATF) under the Goods and Services Tax (GST) framework, Business Today TV has learnt from sources. As per the current tax structure, ATF is currently subject to an 11 percent central excise duty. A reduced rate of 2 percent is available under the…