US stocks fall as inflation accelerates; S&P 500 drops 1.1%, Nasdaq slides 1.6%
Wall Street stocks fell on Wednesday as hotter-than-expected US inflation data pushed Treasury yields higher, adding to concerns about borrowing costs
Business
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Trump adviser sees ‘a whole bunch of good news’ in inflation report
Kevin Hassett, the director of the National Economic Council (NEC), said Wednesday he sees a “bunch of good news” in the latest inflation report, which measured prices as up 3.7 percent year over year in September. Speaking to NewsNation’s Hannah Brandt at the White House, Hassett said the latest consumer price index (CPI) showed a…
Deep-tech needs more repeat entrepreneurs: TDK Ventures chief Sauvage
India needs more patient and corporate venture capital for deep-tech as long gestation cycles limit repeat founders, says TDK Ventures chief Nicolas Sauvage.
Zetwerk raises Rs 2,251 cr from 99 anchor investors ahead of IPO
Zetwerk raises Rs 2,251 crore from 99 anchor investors including BlackRock, Capital Group, Norway and ADIA ahead of IPO opening Oct 15 at Rs 143-151.
Under 30 and think you'll never own a home? Here's what a star housing strategist recommends.
Meredith Whitney, who predicted the housing meltdown, offers advice to young would-be homeowners who feel priced out of the market.
Netflix laying off 6 percent of its workforce, marking biggest round of job cuts in years
Netflix’s product, tech, legal and human resources teams would be the most impacted, according to a memo from co-CEOs Greg Peters and Ted Sarandos.
Tehran municipality accused of ‘overstep’ after launching welfare projects
Tehran’s new municipal welfare projects face intense criticism over funding sources, transparency, and inflation claims.
He inherited land from mother, redeveloped home & received Rs 75 lakh from builder; taxman denied capital gains exemption, but ITAT Delhi gives relief, ruling multiple floors can qualify as one house
You give your house for redevelopment to a builder and get money from the builder and some floors.
Tesla's Roadster event is back on for Thursday night. Here's what to expect.
After a two-week delay, the Tesla Roadster event is back on — for now.
Canara Bank Q2 net profit rises 8.4% to Rs 5,175 cr; biz crosses Rs 30 lakh cr
Canara Bank Q2 net profit rises 8.4% to Rs 5,175 crore as business crosses Rs 30.7 lakh crore; NII hits Rs 11,000 crore, NPAs fall.
Trump was trying to force prices lower ahead of the midterms. But Iran gets a vote, too
President Donald Trump and Republicans just got the worst news on inflation ahead of the midterms: Prices rose more than expected in September.
India's WPI inflation surges to record high of 11.39% in September on higher food, fuel prices
India's wholesale price index (WPI)-based inflation surged to a series-high of 11.39% in September, up from 9.92% in August, driven by rising prices of
US inflation rises before midterm elections, fuelling rate hike fears
Economists divided on Fed rate hike as inflation creates uncertainty before US midterm elections in a tense market.
The 2027 Social Security COLA is here: When will benefits increase?
Seniors will soon see one of the largest cost-of-living adjustments in years.
Candy prices jump nearly 8%, but consumers are still willing to splurge this Halloween
Prices are higher, but it won't deter shoppers from leaning into the holidays.
Netflix to cut roughly 1,000 employees in biggest workforce reduction since 2022
Netflix is set to cut 6% of its staff in the company's largest round of job eliminations since 2022.
Social Security COLA set to rise by 3.6 percent in 2027
Social Security benefits will increase by 3.6 percent in 2027, the Trump administration announced Wednesday. With the latest cost of living adjustment (COLA), Social Security retirement benefits will increase by $75 per month on average, according to the Social Security Administration (SSA). Last year’s COLA was 2.8 percent. The COLA applies to the nearly 72…
Netflix to cut about 6% of worldwide staff
Netflix is eliminating about 1,000 jobs in a round of layoffs, according to a source with knowledge of the matter.