Iran is reportedly preparing to test the United States' naval blockade of its ports, with 23…
Tag: editor-pick
India-UK Trade Deal Takes Effect, Tariffs Reduced Significantly
The India-UK free trade agreement (FTA) came into effect on Wednesday, significantly reducing tariffs on 99%…
Citi Plans $30B Buyback, 12% Dividend Increase Amid Growth
Citigroup announced a $30 billion share buyback plan and a 12% increase in its quarterly dividend…
Trump Threatens Strikes on Iran Amid Hormuz Tensions
President Donald Trump has threatened to expand U.S. military strikes on Iran to include power plants…
IBM Shares Plunge 25% After Disappointing Earnings Report
IBM's stock fell 25.2% on Tuesday, marking its largest single-day decline in 115 years, following a…
Udaan Secures $160 Million Amid Ongoing Insolvency Issues
Udaan, a business-to-business e-commerce platform, announced a financing round of approximately $160 million on Tuesday. This…
Bank Earnings Reflect Strong Economy; IBM Stock Declines
U.S. bank earnings released this week indicate a resilient economy, with major financial institutions reporting stronger-than-expected…
Fed Chairman Warsh Details Reforms in Congressional
Federal Reserve Chairman Kevin Warsh outlined reforms during his first congressional testimony before the House Financial…
Fastenal Reports Q2 Earnings, Sales Beat Estimates
Fastenal Company (NASDAQ: FAST) reported its second-quarter earnings on Wednesday, revealing a 14.7% year-over-year increase in…
US CPI Falls 0.4% in June, Easing Rate Hike Concerns
The U.S. Consumer Price Index (CPI) fell 0.4% in June, reducing the annual inflation rate to…