[ad_1] Fang Dongxu/VCG via Getty ImagesThere was an oft-repeated message in Federal Reserve chair Jerome Powell's press conference on Wednesday: Tariffs will raise consumer prices.The U.S. central bank raised its inflation forecast for 2025, as have many economists, due to the expected impact of a...
[ad_1] Bain Capital is set to buy a stake in Kerala-based Manappuram Finance and become joint owner of the shadow lender that’s one of the country’s largest gold loan companies. The acquisition will take place through a primary infusion and a secondary sale of shares...
[ad_1] An income-producing asset class made its way into the spotlight this month – and it may be attractive for investors who are willing to take some risk in exchange for hefty dividend yields. Mortgage real estate investment trusts hold mortgages and mortgage-backed securities. They...
[ad_1] A group led by private equity executive Bill Chisholm is buying the National Basketball Association's reigning champion Boston Celtics at a valuation of $6.1 billion, the team's ownership announced Thursday.Private equity firm Sixth Street is part of the new ownership group and will contribute...
[ad_1] U.S. President Donald Trump reacts as he meets NATO Secretary General Mark Rutte (not pictured), in the Oval Office at the White House in Washington, D.C., U.S., March 13, 2025. Evelyn Hockstein | ReutersAfter largely staying out of the Federal Reserve's business during his first...
[ad_1] Deepinder Goyal-led food delivery firm Zomato confirmed the approval by the Ministry of Corporate Affairs (MCA) on the name change of the company to Eternal Limited, with effect from March 20, 2025."The name of the company, thus, stands amended to “Eternal Limited” with effect...
[ad_1] Investors have closely watched Nvidia 's week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications. The event comes at a pivotal time for Nvidia shares. After two years of monster gains, the stock...
[ad_1] The stock market is nothing but a compounding and discounting machine, Raamdeo Agrawal, Chairman and Co-founder of Motilal Oswal Financial Services said in Motilal Oswal Passive Funds Conclave via Media Webinar on Thursday.While explaining the importance of the power of compounding, Agrawal said, “If...
[ad_1] Federal Reserve Chairman Jerome Powell pauses while delivering remarks at a news conference following a Federal Open Market Committee (FOMC) meeting at the Federal Reserve on March 19, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesFederal Reserve officials slashed their economic outlook in the...
[ad_1] Bihar Chief Minister Nitish Kumar on Thursday belittled his predecessor Rabri Devi, asserting that she was appointed to the seat of power by her husband Lalu Prasad upon "suspension". Kumar referred to the RJD supremo's resignation in 1997 after a CBI charge sheet in...