Nasdaq, S&P, and Dow sink alongside Treasury yields as 2025 approaches
Nasdaq, S&P, and Dow sink alongside Treasury yields as 2025 approaches
#Nasdaq #SampP #Dow #sink #Treasury #yields #approaches
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Gautam Adani’s Ambuja makes power move with Sanghi, Penna merger
Adani Group-owned Ambuja Cements is doubling down on its cement empire. On Tuesday, the company announced the merger of its subsidiaries Sanghi Industries and Penna Cement Industries into its fold, aiming to streamline operations and solidify its market position. Under the proposed scheme with Sanghi Industries, shareholders will receive 12 Ambuja Cements shares for every…
Workers won’t accept less than $81,000 for a new job right now, New York Fed survey says
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ChatGPT CEO talks Elon Musk feud, criticizes Biden admin AI regulation
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…
Steel stocks slammed as evidence points to weak global market in 2025 (NYSE:CLF)
lyash01/iStock via Getty Images Steel company stocks were notably poor performers on Thursday and Friday, with Cleveland-Cliffs (NYSE:CLF) -13.2%, Nucor (NYSE:NUE) -9.5%, Steel Dynamics (STLD) -8.4%, Commercial Metals (CMC) -7.1%, US Steel (X) -5%, ArcelorMittal (MT) -4.4% over the two trading sessions. Reports earlier this week said President Biden is planning #Steel #stocks #slammed #evidence…
‘Filthy seats, cold towels’: US blogger calls Air India business class ‘Pathetic’, shares shocking video of experience
A US travel blogger has gained attention online after posting a critical review of his Air India business class experience on a flight from London to Amritsar. Describing it as the “worst business class experience” he has ever had, Drew Binsky detailed a series of problems that frustrated him with the $750 seat upgrade he…
‘22.6% of income’: Why Thomas Piketty thinks India must tax its super rich now
French economist Thomas Piketty has called on India to tax its super-rich, citing alarming levels of inequality. Speaking at an event hosted by Delhi-based think tank RIS and the Delhi School of Economics, the author of Capital in the 21st Century urged India to act on the G20 finance ministers’ July pledge to cooperate on…