Business
S&P 500 Backs Off On Weak Telecom Stocks Despite Strong Retail Earnings
U.S. stocks ended lower on Tuesday as a sharp decline in telecom stocks and weak housing starts data overshadowed betterthanexpected earnings from Walmart and Home Depot.
Amazon To Continue Pause On Police Use Of Facial Recognition
Amazon said Tuesday that it will continue to ban police use of its facerecognition technology beyond the oneyear ban it announced last year.
US President Joe Biden Reports Drop in Income to $607,336 in 2020, Releases Tax Returns
Biden and his wife, Jill, earned $607,336 last year while he was running for president. That is down from $985,223 in 2019.
COVID-19 Vaccine: 40% Indians Likely to be Fully Vaccinated by November, Says Report
By January 2022, 60 per cent of India's adult population is likely to be vaccinated, according to a report published by YES Securities.
Walmart To Allow Vaccinated Shoppers, Workers To Go Maskless
Walmart, the worlds largest retailer, said Friday that it wont require vaccinated shoppers or workers to wear a mask in its U.S. stores unless state or local laws say otherwise.
Gold Price Today: Yellow Metal Remains Low on Akshaya Tritiya; Experts Say Buy On Dips
On the Multi-Commodity Exchange (MCX), June gold contracts dipped 0.15% to Rs 47,365 for 10 grams at 9.55 am on Friday
Caesars, Boot Barn Rise; Haemonetics, Utz Brands Fall
Stocks that traded heavily or had substantial price changes Thursday:
Business Highlights: Cars Are Scarce, Pipeline Restarts
Automakers are cutting production as they grapple with a global shortage of computer chips, and thats making dealers nervous. With sales at a brisk pace despite high prices, and inventories shrinking, many fear theyll run out of new vehicles to sell this...
Inflation Woes Push U.S. Stocks To 1-month Low, USD Struggle
U.S. stocks hit a onemonth low on Tuesday as speculation that rising inflation pressure could prompt interest rate hikes sooner rather than later dragged on shares and hobbled the dollar, which hovered near a 21/2month low.
LIC New Rule for Life Certificates, Annuities, Claim Settlements Amid COVID. Know Details
Now, LIC customers can submit the documents in nearby branches to speed up the claim-settlement process.
Acasti Pharma to Acquire Indian Origin Emerging Biopharmaceutical Grace Therapeutics
Acasti will acquire Grace's 'pipeline of rare and orphan disease programs, including 3 clinical stage assets that have received Orphan Drug Designation from the US Food & Drug Administration,' the company said.
US Consumer Borrowing Posts Another Strong Showing In March
U.S. consumer borrowing rose by a strong $25.8 billion in March, the secondstraight month of sizable gains and a further indication that the economic recovery is gaining steam.
Gold Price Today Hits Record Rs 47,691; Silver Rises Over Rs 71,600
On the Multi-Commodity Exchange (MCX), June gold contracts were trading higher by 0.20% at Rs 47,691 for 10 grams at 12.15 pm.
Business Highlights: Unemployment Claims, Facebook Board
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job markets growing strength as businesses reopen and consumers step up spending. Applications dec...
Cardinal Health, Etsy Fall; Kellogg, Sally Beauty Rise
Stocks that traded heavily or had substantial price changes Thursday:
Tata Steel, IDBI Bank, Wipro: Top Stocks For Investors on May 6
At 09:02 AM IST, the BSE Sensex was up 488.99 points or 1 percent at 49,166.54, while the Nifty was up 54 points or 0.37 percent at 14,671.90.