Business Industrial
Global thermal coal prices have retreated from record highs hit after Russia's 2022 invasion of Ukraine, but are 50 per cent higher than the average during the 2017-19 period, according to the International Energy Agency (IEA).
Powell also said that recent signs of stubborn inflation have caused many Fed officials to pare back their expectations for rate cuts.
Gemma Ballesteros, who owns Marley’s Treats in Hayward, Calif., said the egg shortage is hitting her bakery hard – especially on top of steep minimum wage increases and pandemic-era challenges, like a drop in catering orders and rising costs for rent and utilities.
India’s total office space absorption during 2024 stood at 71.9 million square feet (msf), surpassing the previous peak achieved in pre-pandemic 2019 by 19 per cent, according to Knight Frank.
The “DOGE brothers,” Elon Musk and Vivek Ramaswamy, will take an ax to the federal bloat and further appease the so-called “bond vigilantes” — traders whose selling pressure often brings government spenders to their senses.
The decline in satellite rights began with the rise of streaming giants like Netflix, Prime Video, and Disney+ Hotstar, but the trend accelerated during the pandemic when films were released directly on digital platforms due to theater closures.
Wall Street’s main stock indexes opened sharply lower on Monday and hit their lowest in over a week — as sparse trading volumes and the specter of elevated Treasury yields cast a cloud over the traditionally strong year-end rally for equities.
In the retail loans segment, while asset quality remained largely stable, the report observed a marginal uptick in credit card NPAs across bank groups.
His property — known as Hunter Valley Station and located about two hours north of Queenstown — includes a “five-bedroom, lakefront homestead” and boasts stunning views of the Southern Alps mountain range, according to a Sotheby’s listing.
In November, ahead of the holiday season, Berkshire Hathaway CEO Warren Buffett issued an unexpected message to shareholders, wherein he announced updates on what will happen to his massive fortune after his death and offered some advice for others on handling how to pass on their wealth.
The lawsuit filed in US District Court in Columbus, Ohio, claims the Fed’s practice of determining how big banks perform against hypothetical economic turmoil, and assigning capital requirements accordingly, do not follow proper administrative procedure.
“It was very easy to be a Leftist and socialist in those days because Jawaharlal Nehru was our Prime Minister and he had embraced Harold Laskian socialism.”